Northrim BanCorp
NRIM
80 hedge funds and large institutions have $178M invested in Northrim BanCorp in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 31 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $154M → $178M (+$23.8M)
8% more funds holding
Funds holding: 74 → 80 (+6)
2.96% more ownership
Funds ownership: 261.7% → 264.66% (+3%)
42% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$4.56M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.69M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.67M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Legato Capital Management
San Francisco,
California
|
-$2.69M |
| 2 |
BlackRock
New York
|
-$1.14M |
| 3 |
Millennium Management
New York
|
-$882K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$606K |
| 5 |
Goldman Sachs
New York
|
-$492K |
NRIM Hedge Fund Activity: Q4 2022 in Review
80 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q4 2022, worth a combined $178M — up 15% from $154M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NRIM positions and 6 closed out — a net gain of 6 holders — while 18 added to existing stakes and 31 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $4.56M. The largest seller was Legato Capital Management, exiting entirely with an estimated $2.69M sold.
- 80 institutional investors held Northrim BanCorp (NRIM) as of Q4 2022, up from 74 in Q3 2022.
- Funds reported $178M of Northrim BanCorp stock for Q4 2022, up 15% quarter-over-quarter.
- 12 funds opened new Northrim BanCorp positions in Q4 2022 and 6 closed out, a net change of +6 holders.
- The largest Northrim BanCorp buyer in Q4 2022 was Fourthstone LLC, an estimated $4.56M added.
- The largest Northrim BanCorp seller in Q4 2022 was Legato Capital Management, an estimated $2.69M sold.
Based on aggregated 13F filings for Q4 2022.