Northrim BanCorp
NRIM
73 hedge funds and large institutions have $123M invested in Northrim BanCorp in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 16 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
113% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 16
16% more capital invested
Capital invested by funds: $106M → $123M (+$17.1M)
11% more funds holding
Funds holding: 66 → 73 (+7)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.04M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.77M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$869K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.53M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$1.09M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$638K |
| 4 |
MA
MUFG Americas
New York
|
-$535K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
Segantii Capital Management
Hong Kong
| – | -$214K | -35,600 | Closed |
|
77
JP Morgan Chase
New York
| – | -$210K | -35,060 | Closed |
|
78
Barclays
London,
United Kingdom
| – | -$1K | -184 | Closed |
|
NRIM Hedge Fund Activity: Q2 2016 in Review
73 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q2 2016, worth a combined $123M — up 16% from $106M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NRIM positions and 5 closed out — a net gain of 8 holders — while 34 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $4.04M. The largest seller was Ameriprise, cutting an estimated $3.53M.
- 73 institutional investors held Northrim BanCorp (NRIM) as of Q2 2016, up from 66 in Q1 2016.
- Funds reported $123M of Northrim BanCorp stock for Q2 2016, up 16% quarter-over-quarter.
- 13 funds opened new Northrim BanCorp positions in Q2 2016 and 5 closed out, a net change of +8 holders.
- The largest Northrim BanCorp buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $4.04M added.
- The largest Northrim BanCorp seller in Q2 2016 was Ameriprise, an estimated $3.53M sold.
Based on aggregated 13F filings for Q2 2016.