Northrim BanCorp
NRIM
69 hedge funds and large institutions have $149M invested in Northrim BanCorp in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 9 closing their positions.
2.52% more ownership
Funds ownership: 282.1% → 284.61% (+2.5%)
2% more capital invested
Capital invested by funds: $146M → $149M (+$3.03M)
3% less funds holding
Funds holding: 71 → 69 (-2)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.05M |
| 2 |
LCM
Legato Capital Management
San Francisco,
California
|
+$869K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$829K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$645K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$678K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$640K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$507K |
| 4 |
BlackRock
New York
|
-$462K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$402K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MUFG Americas
New York
| – | -$4K | -520 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$2K | -264 | Closed |
|
78
Barclays
London,
United Kingdom
| – | -$798 | -104 | -81% |
|
NRIM Hedge Fund Activity: Q2 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q2 2017, worth a combined $149M — up 2.1% from $146M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NRIM and 7 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Martingale Asset Management, opening a new position worth an estimated $1.05M. The largest seller was Renaissance Technologies, cutting an estimated $678K.
- 69 institutional investors held Northrim BanCorp (NRIM) as of Q2 2017, down from 71 in Q1 2017.
- Funds reported $149M of Northrim BanCorp stock for Q2 2017, up 2.1% quarter-over-quarter.
- 7 funds opened new Northrim BanCorp positions in Q2 2017 and 9 closed out, a net change of -2 holders.
- The largest Northrim BanCorp buyer in Q2 2017 was Martingale Asset Management, an estimated $1.05M added.
- The largest Northrim BanCorp seller in Q2 2017 was Renaissance Technologies, an estimated $678K sold.
Based on aggregated 13F filings for Q2 2017.