Northrim BanCorp
NRIM
94 hedge funds and large institutions have $169M invested in Northrim BanCorp in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more capital invested
Capital invested by funds: $160M → $169M (+$8.72M)
4% more funds holding
Funds holding: 90 → 94 (+4)
1.98% more ownership
Funds ownership: 283.72% → 285.7% (+2%)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Corda Investment Management
Houston,
Texas
|
+$1.08M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$693K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$688K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$571K |
| 5 |
RA
Royce & Associates
New York
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$931K |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$728K |
| 3 |
State Street
Boston,
Massachusetts
|
-$547K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$423K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$414K |
NRIM Hedge Fund Activity: Q1 2019 in Review
94 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2019, worth a combined $169M — up 5.4% from $160M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NRIM positions and 6 closed out — a net gain of 4 holders — while 34 added to existing stakes and 32 trimmed.
The largest buyer was Corda Investment Management, opening a new position worth an estimated $1.08M. The largest seller was BlackRock, cutting an estimated $931K.
- 94 institutional investors held Northrim BanCorp (NRIM) as of Q1 2019, up from 90 in Q4 2018.
- Funds reported $169M of Northrim BanCorp stock for Q1 2019, up 5.4% quarter-over-quarter.
- 10 funds opened new Northrim BanCorp positions in Q1 2019 and 6 closed out, a net change of +4 holders.
- The largest Northrim BanCorp buyer in Q1 2019 was Corda Investment Management, an estimated $1.08M added.
- The largest Northrim BanCorp seller in Q1 2019 was BlackRock, an estimated $931K sold.
Based on aggregated 13F filings for Q1 2019.