Northrim BanCorp
NRIM
74 hedge funds and large institutions have $149M invested in Northrim BanCorp in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 7 closing their positions.
273.82% more ownership
Funds ownership: 0% → 273.82% (+274%)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $124M → $149M (+$25.2M)
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
1% more funds holding
Funds holding: 73 → 74 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$1.08M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$957K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$784K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$764K |
| 5 |
Renaissance Technologies
New York
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$789K |
| 2 |
Morgan Stanley
New York
|
-$665K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$582K |
| 4 |
RA
Royce & Associates
New York
|
-$507K |
| 5 |
MA
MUFG Americas
New York
|
-$469K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
76
Algert Global
San Francisco,
California
| – | -$279K | -43,352 | Closed |
|
|
EGA
77
Eagle Global Advisors
Houston,
Texas
| – | -$259K | -40,204 | Closed |
|
|
AL
78
AJO LP
Philadelphia,
Pennsylvania
| – | -$239K | -37,152 | Closed |
|
|
AIM
79
Acrospire Investment Management
Chicago,
Illinois
| – | -$150K | -23,312 | Closed |
|
80
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -1,112 | Closed |
|
|
CAM
81
ClariVest Asset Management
San Diego,
California
| – | -$1K | -148 | Closed |
|
NRIM Hedge Fund Activity: Q4 2016 in Review
74 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q4 2016, worth a combined $149M — up 20% from $124M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NRIM positions and 7 closed out — a net gain of 2 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $1.08M. The largest seller was Royal Bank of Canada, cutting an estimated $789K.
- 74 institutional investors held Northrim BanCorp (NRIM) as of Q4 2016, up from 73 in Q3 2016.
- Funds reported $149M of Northrim BanCorp stock for Q4 2016, up 20% quarter-over-quarter.
- 9 funds opened new Northrim BanCorp positions in Q4 2016 and 7 closed out, a net change of +2 holders.
- The largest Northrim BanCorp buyer in Q4 2016 was Maltese Capital Management, an estimated $1.08M added.
- The largest Northrim BanCorp seller in Q4 2016 was Royal Bank of Canada, an estimated $789K sold.
Based on aggregated 13F filings for Q4 2016.