Northrim BanCorp
NRIM
80 hedge funds and large institutions have $167M invested in Northrim BanCorp in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 8 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
2% more capital invested
Capital invested by funds: $164M → $167M (+$3.42M)
0.77% less ownership
Funds ownership: 282.99% → 282.22% (-0.77%)
5% less funds holding
Funds holding: 84 → 80 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.13M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.26M |
| 3 |
Renaissance Technologies
New York
|
+$887K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$358K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.82M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$748K |
| 3 |
Millennium Management
New York
|
-$681K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$654K |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$453K |
NRIM Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2018, worth a combined $167M — up 2.1% from $164M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NRIM and 5 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Fidelity Investments, adding an estimated $2.13M. The largest seller was Maltese Capital Management, cutting an estimated $1.82M.
- 80 institutional investors held Northrim BanCorp (NRIM) as of Q1 2018, down from 84 in Q4 2017.
- Funds reported $167M of Northrim BanCorp stock for Q1 2018, up 2.1% quarter-over-quarter.
- 5 funds opened new Northrim BanCorp positions in Q1 2018 and 8 closed out, a net change of -3 holders.
- The largest Northrim BanCorp buyer in Q1 2018 was Fidelity Investments, an estimated $2.13M added.
- The largest Northrim BanCorp seller in Q1 2018 was Maltese Capital Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2018.