Northrim BanCorp
NRIM
81 hedge funds and large institutions have $145M invested in Northrim BanCorp in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
4.07% more ownership
Funds ownership: 257.65% → 261.73% (+4.1%)
3% more funds holding
Funds holding: 79 → 81 (+2)
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
1% more capital invested
Capital invested by funds: $143M → $145M (+$1.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.87M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.51M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.74M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.08M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$6.3M |
| 2 |
HF
HRT Financial
New York
|
-$1.27M |
| 3 |
Millennium Management
New York
|
-$1.22M |
| 4 |
LCM
Legato Capital Management
San Francisco,
California
|
-$1.1M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Creative Planning
Overland Park,
Kansas
| $7.65K | +$8.29K | +772 | New |
|
|
GCM
77
Gladius Capital Management
Chicago,
Illinois
| $3.88K | -$9.15K | -852 | -68% |
|
78
Citigroup
New York
| $119 | -$70.2K | -6,536 | -100% |
|
|
HNB
79
Huntington National Bank
Columbus,
Ohio
| $40 | – | – | – |
|
|
AC
80
AltraVue Capital
Bellevue,
Washington
| – | -$6.3M | -640,648 | Closed |
|
|
HF
81
HRT Financial
New York
| – | -$1.27M | -129,368 | Closed |
|
|
LCM
82
Legato Capital Management
San Francisco,
California
| – | -$1.1M | -112,344 | Closed |
|
83
AllianceBernstein
Nashville,
Tennessee
| – | -$918K | -93,352 | Closed |
|
|
QC
84
Quadrature Capital
London,
United Kingdom
| – | -$506K | -51,564 | Closed |
|
85
Citadel Advisors
Miami,
Florida
| – | -$433K | -43,996 | Closed |
|
86
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$455K | -43,372 | Closed |
|
87
HSBC Holdings
London,
United Kingdom
| – | -$214K | -21,872 | Closed |
|
88
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$43 | +4 | New |
|
|
C
89
Covestor
London,
United Kingdom
| – | +$172 | +16 | New |
|
NRIM Hedge Fund Activity: Q3 2023 in Review
81 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q3 2023, worth a combined $145M — up 1.2% from $143M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NRIM positions and 8 closed out — a net gain of 4 holders — while 26 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $8.87M. The largest seller was AltraVue Capital, exiting entirely with an estimated $6.3M sold.
- 81 institutional investors held Northrim BanCorp (NRIM) as of Q3 2023, up from 79 in Q2 2023.
- Funds reported $145M of Northrim BanCorp stock for Q3 2023, up 1.2% quarter-over-quarter.
- 12 funds opened new Northrim BanCorp positions in Q3 2023 and 8 closed out, a net change of +4 holders.
- The largest Northrim BanCorp buyer in Q3 2023 was BlackRock, an estimated $8.87M added.
- The largest Northrim BanCorp seller in Q3 2023 was AltraVue Capital, an estimated $6.3M sold.
Based on aggregated 13F filings for Q3 2023.