We are live on ! Find out more
NRIM icon

Northrim BanCorp

75 hedge funds and large institutions have $171M invested in Northrim BanCorp in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 23

4% less capital invested

Capital invested by funds: $178M → $171M (-$7.49M)

6% less funds holding

Funds holding: 8075 (-5)

9.67% less ownership

Funds ownership: 264.66%255% (-9.7%)

42% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 12

Holders
75
Holders Change
-5
Holders Change %
-6.25%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
29
Reduced
23
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$25.2M -$1.24M -96,180 -4%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$23.2M -$351K -27,176 -1%
AC
3
AltraVue Capital
Washington
$16.5M -$59.9K -4,640 -0.3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$12.4M -$648K -50,176 -5%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12M -$327K -25,344 -2%
Ameriprise
6
Ameriprise
Minnesota
$11.6M -$104K -8,040 -0.8%
LSV Asset Management
7
LSV Asset Management
Illinois
$7.38M +$1.13M +87,836 +16%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$6.34M +$29.9K +2,316 +0.4%
AA
9
Ancora Advisors
Ohio
$3.76M +$1.24M +95,780 +43%
Millennium Management
10
Millennium Management
New York
$3.45M +$1.67M +129,580 +79%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$2.82M
Geode Capital Management
12
Geode Capital Management
Massachusetts
$2.69M
Hotchkis & Wiley Capital Management
13
Hotchkis & Wiley Capital Management
California
$2.57M
American Century Companies
14
American Century Companies
Missouri
$2.38M +$481K +37,236 +22%
BCM
15
Bridgeway Capital Management
Texas
$2.12M -$39.2K -3,040 -2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$2.12M -$45.1K -3,496 -2%
Jacobs Levy Equity Management
17
Jacobs Levy Equity Management
New Jersey
$1.7M +$50.3K +3,896 +3%
Morgan Stanley
18
Morgan Stanley
New York
$1.69M +$354K +27,400 +24%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$1.68M +$643K +49,836 +54%
Renaissance Technologies
20
Renaissance Technologies
New York
$1.58M -$112K -8,716 -6%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$1.44M +$950K +73,600 +152%
Jane Street
22
Jane Street
New York
$1.38M +$1.17M +91,024 +353%
Two Sigma Investments
23
Two Sigma Investments
New York
$1.37M +$802K +62,140 +115%
Franklin Resources
24
Franklin Resources
California
$1.36M -$1.65M -128,000 -53%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$1.31M -$2.05M -158,844 -59%

NRIM Hedge Fund Activity: Q1 2023 in Review

75 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q1 2023, worth a combined $171M — down 4.2% from $178M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of NRIM and 7 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 29 added.

The largest buyer was Millennium Management, adding an estimated $1.67M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $8.58M sold.

  • 75 institutional investors held Northrim BanCorp (NRIM) as of Q1 2023, down from 80 in Q4 2022.
  • Funds reported $171M of Northrim BanCorp stock for Q1 2023, down 4.2% quarter-over-quarter.
  • 7 funds opened new Northrim BanCorp positions in Q1 2023 and 12 closed out, a net change of -5 holders.
  • The largest Northrim BanCorp buyer in Q1 2023 was Millennium Management, an estimated $1.67M added.
  • The largest Northrim BanCorp seller in Q1 2023 was Fourthstone LLC, an estimated $8.58M sold.

Based on aggregated 13F filings for Q1 2023.