Northrim BanCorp
NRIM
61 hedge funds and large institutions have $102M invested in Northrim BanCorp in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
2% more funds holding
Funds holding: 60 → 61 (+1)
4% less capital invested
Capital invested by funds: $106M → $102M (-$4.1M)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$992K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$614K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$257K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$239K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBLCM
Roaring Blue Lion Capital Management
Dallas,
Texas
|
-$1.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$300K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$155K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$155K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCC
51
Park Circle Company
Baltimore,
Maryland
| $86K | +$83.9K | +13,388 | New |
|
52
Citigroup
New York
| $72K | +$9.53K | +1,520 | +16% |
|
53
Acadian Asset Management
Boston,
Massachusetts
| $47K | -$36.6K | -5,836 | -44% |
|
54
Wells Fargo
San Francisco,
California
| $37K | -$5.02K | -800 | -12% |
|
55
Schroder Investment Management Group
London,
United Kingdom
| $20.6K | -$17.6K | -2,800 | -47% |
|
|
U
56
UBS
Zurich,
Switzerland
| $17K | -$24.8K | -3,956 | -60% |
|
|
57
Invesco
Atlanta,
Georgia
| $15K | -$131K | -20,840 | -90% |
|
|
PCM
58
Prelude Capital Management
New York
| $8K | +$7.52K | +1,200 | New |
|
59
Barclays
London,
United Kingdom
| $6K | -$7.02K | -1,120 | -52% |
|
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2.83K | +$202K | +32,272 | +8% |
|
|
61
Bank of America
Charlotte,
North Carolina
| $1K | -$300K | -47,888 | -100% |
|
|
PL
62
Parkwood LLC
Cleveland,
Ohio
| – | -$104K | -15,848 | Closed |
|
|
GC
63
Guggenheim Capital
Chicago,
Illinois
| – | -$83K | -12,680 | Closed |
|
|
CAM
64
ClariVest Asset Management
San Diego,
California
| – | -$7K | -1,060 | Closed |
|
NRIM Hedge Fund Activity: Q1 2014 in Review
61 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2014, worth a combined $102M — down 3.9% from $106M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NRIM positions and 3 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $992K. The largest seller was Roaring Blue Lion Capital Management, cutting an estimated $1.16M.
- 61 institutional investors held Northrim BanCorp (NRIM) as of Q1 2014, up from 60 in Q4 2013.
- Funds reported $102M of Northrim BanCorp stock for Q1 2014, down 3.9% quarter-over-quarter.
- 5 funds opened new Northrim BanCorp positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest Northrim BanCorp buyer in Q1 2014 was Private Capital Management (Florida), an estimated $992K added.
- The largest Northrim BanCorp seller in Q1 2014 was Roaring Blue Lion Capital Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2014.