Northrim BanCorp
NRIM
80 hedge funds and large institutions have $208M invested in Northrim BanCorp in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 11 closing their positions.
44% more capital invested
Capital invested by funds: $145M → $208M (+$63.1M)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
1.34% more ownership
Funds ownership: 261.73% → 263.07% (+1.3%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 81 → 80 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.3M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$591K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$397K |
| 4 |
State Street
Boston,
Massachusetts
|
+$282K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$897K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$767K |
| 3 |
Two Sigma Advisers
New York
|
-$704K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$623K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$568K |
NRIM Hedge Fund Activity: Q4 2023 in Review
80 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q4 2023, worth a combined $208M — up 44% from $145M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NRIM and 10 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 30 added.
The largest buyer was Morgan Stanley, adding an estimated $1.3M. The largest seller was Two Sigma Investments, cutting an estimated $897K.
- 80 institutional investors held Northrim BanCorp (NRIM) as of Q4 2023, down from 81 in Q3 2023.
- Funds reported $208M of Northrim BanCorp stock for Q4 2023, up 44% quarter-over-quarter.
- 10 funds opened new Northrim BanCorp positions in Q4 2023 and 11 closed out, a net change of -1 holder.
- The largest Northrim BanCorp buyer in Q4 2023 was Morgan Stanley, an estimated $1.3M added.
- The largest Northrim BanCorp seller in Q4 2023 was Two Sigma Investments, an estimated $897K sold.
Based on aggregated 13F filings for Q4 2023.