Northrim BanCorp
NRIM
80 hedge funds and large institutions have $167M invested in Northrim BanCorp in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 8 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
2% more capital invested
Capital invested by funds: $164M → $167M (+$3.42M)
0.77% less ownership
Funds ownership: 282.99% → 282.22% (-0.77%)
5% less funds holding
Funds holding: 84 → 80 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.13M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.26M |
| 3 |
Renaissance Technologies
New York
|
+$887K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$358K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.82M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$748K |
| 3 |
Millennium Management
New York
|
-$681K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$654K |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$453K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JA
76
JOYN Advisors
Atlanta,
Georgia
| $4K | +$4.16K | +484 | New |
|
77
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
78
Canada Life
Winnipeg,
Manitoba, Canada
| $2K | +$1.85K | +216 | New |
|
79
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
WAM
80
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | – | – | – |
|
|
81
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$748K | -88,336 | Closed |
|
|
82
Millennium Management
New York
| – | -$681K | -80,496 | Closed |
|
83
Los Angeles Capital Management
Los Angeles,
California
| – | -$213K | -25,160 | Closed |
|
84
Parallax Volatility Advisers
San Francisco,
California
| – | -$34K | -4,032 | Closed |
|
85
UBS Group
Zurich,
Switzerland
| – | -$21K | -2,540 | Closed |
|
86
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$16K | -1,920 | Closed |
|
|
DCM
87
Delpha Capital Management
New York
| – | -$7K | -784 | Closed |
|
|
DA
88
Denali Advisors
San Diego,
California
| – | -$4K | -444 | Closed |
|
NRIM Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2018, worth a combined $167M — up 2.1% from $164M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NRIM and 5 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Fidelity Investments, adding an estimated $2.13M. The largest seller was Maltese Capital Management, cutting an estimated $1.82M.
- 80 institutional investors held Northrim BanCorp (NRIM) as of Q1 2018, down from 84 in Q4 2017.
- Funds reported $167M of Northrim BanCorp stock for Q1 2018, up 2.1% quarter-over-quarter.
- 5 funds opened new Northrim BanCorp positions in Q1 2018 and 8 closed out, a net change of -3 holders.
- The largest Northrim BanCorp buyer in Q1 2018 was Fidelity Investments, an estimated $2.13M added.
- The largest Northrim BanCorp seller in Q1 2018 was Maltese Capital Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2018.