Northrim BanCorp
NRIM
90 hedge funds and large institutions have $114M invested in Northrim BanCorp in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 26 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
38% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 26
5.12% more ownership
Funds ownership: 279.91% → 285.03% (+5.1%)
3% more funds holding
Funds holding: 87 → 90 (+3)
7% less capital invested
Capital invested by funds: $122M → $114M (-$8.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.47M |
| 2 |
BlackRock
New York
|
+$1.25M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$954K |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$777K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$597K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.9M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$1.26M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.26M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.24M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$257K |
NRIM Hedge Fund Activity: Q2 2020 in Review
90 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q2 2020, worth a combined $114M — down 6.6% from $122M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NRIM positions and 9 closed out — a net gain of 4 holders — while 36 added to existing stakes and 26 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.47M. The largest seller was Royce & Associates, cutting an estimated $2.9M.
- 90 institutional investors held Northrim BanCorp (NRIM) as of Q2 2020, up from 87 in Q1 2020.
- Funds reported $114M of Northrim BanCorp stock for Q2 2020, down 6.6% quarter-over-quarter.
- 13 funds opened new Northrim BanCorp positions in Q2 2020 and 9 closed out, a net change of +4 holders.
- The largest Northrim BanCorp buyer in Q2 2020 was Ameriprise, an estimated $1.47M added.
- The largest Northrim BanCorp seller in Q2 2020 was Royce & Associates, an estimated $2.9M sold.
Based on aggregated 13F filings for Q2 2020.