Northrim BanCorp
NRIM
86 hedge funds and large institutions have $179M invested in Northrim BanCorp in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 34 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
11.94% more ownership
Funds ownership: 264.92% → 276.86% (+12%)
10% more funds holding
Funds holding: 78 → 86 (+8)
8% more capital invested
Capital invested by funds: $166M → $179M (+$13.3M)
35% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.73M |
| 2 |
BlackRock
New York
|
+$1.39M |
| 3 |
Millennium Management
New York
|
+$675K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$606K |
| 5 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.08M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$527K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$399K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
76
Metropolitan Life Insurance Company (MetLife)
New York
| $18K | -$56K | -5,060 | -75% |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
QCG
78
Quadrant Capital Group
Cincinnati,
Ohio
| $13K | – | – | – |
|
79
Citigroup
New York
| $12K | -$55.2K | -4,992 | -83% |
|
80
Canada Life
Winnipeg,
Manitoba, Canada
| $12K | +$6.99K | +632 | +156% |
|
|
KTC
81
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $8K | – | – | – |
|
82
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $5K | -$973 | -88 | -17% |
|
83
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | +$3.36K | +304 | New |
|
84
Lazard Asset Management
New York
| $2K | +$2.79K | +252 | New |
|
|
85
HighTower Advisors
Chicago,
Illinois
| – | -$527K | -48,440 | Closed |
|
|
FHA
86
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -136 | Closed |
|
NRIM Hedge Fund Activity: Q1 2022 in Review
86 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2022, worth a combined $179M — up 8% from $166M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NRIM positions and 2 closed out — a net gain of 8 holders — while 22 added to existing stakes and 34 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $1.73M. The largest seller was Fidelity Investments, cutting an estimated $1.4M.
- 86 institutional investors held Northrim BanCorp (NRIM) as of Q1 2022, up from 78 in Q4 2021.
- Funds reported $179M of Northrim BanCorp stock for Q1 2022, up 8% quarter-over-quarter.
- 10 funds opened new Northrim BanCorp positions in Q1 2022 and 2 closed out, a net change of +8 holders.
- The largest Northrim BanCorp buyer in Q1 2022 was Manulife (Manufacturers Life Insurance), an estimated $1.73M added.
- The largest Northrim BanCorp seller in Q1 2022 was Fidelity Investments, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2022.