Northrim BanCorp
NRIM
74 hedge funds and large institutions have $154M invested in Northrim BanCorp in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 14 closing their positions.
6.14% more ownership
Funds ownership: 255.56% → 261.7% (+6.1%)
3% more capital invested
Capital invested by funds: $150M → $154M (+$4.75M)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
8% less funds holding
Funds holding: 80 → 74 (-6)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.74M |
| 2 |
BlackRock
New York
|
+$2.31M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.02M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$575K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.17M |
| 2 |
Millennium Management
New York
|
-$952K |
| 3 |
Morgan Stanley
New York
|
-$759K |
| 4 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$715K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$628K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
76
Meeder Asset Management
Dublin,
Ohio
| – | -$258K | -25,604 | Closed |
|
|
PAM
77
Panagora Asset Management
Boston,
Massachusetts
| – | -$255K | -25,344 | Closed |
|
|
CSS
78
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$223K | -22,180 | Closed |
|
|
JF
79
Jump Financial
Chicago,
Illinois
| – | -$221K | -22,000 | Closed |
|
|
SWM
80
SeaCrest Wealth Management
Purchase,
New York
| – | -$183K | -18,204 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$119K | -11,832 | Closed |
|
|
GCM
82
Gladius Capital Management
Chicago,
Illinois
| – | -$49K | -4,844 | Closed |
|
83
BNP Paribas Financial Markets
Paris,
France
| – | -$20.1K | -2,000 | Closed |
|
84
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -396 | Closed |
|
|
FHA
85
First Horizon Advisors
Memphis,
Tennessee
| – | -$615 | -60 | -44% |
|
|
BCM
86
Bourgeon Capital Management
Darien,
Connecticut
| – | +$205 | +20 | New |
|
NRIM Hedge Fund Activity: Q3 2022 in Review
74 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q3 2022, worth a combined $154M — up 3.2% from $150M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NRIM and 8 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 25 added.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $2.74M. The largest seller was Renaissance Technologies, cutting an estimated $1.17M.
- 74 institutional investors held Northrim BanCorp (NRIM) as of Q3 2022, down from 80 in Q2 2022.
- Funds reported $154M of Northrim BanCorp stock for Q3 2022, up 3.2% quarter-over-quarter.
- 8 funds opened new Northrim BanCorp positions in Q3 2022 and 14 closed out, a net change of -6 holders.
- The largest Northrim BanCorp buyer in Q3 2022 was Fourthstone LLC, an estimated $2.74M added.
- The largest Northrim BanCorp seller in Q3 2022 was Renaissance Technologies, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2022.