Northrim BanCorp
NRIM
79 hedge funds and large institutions have $143M invested in Northrim BanCorp in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 15 closing their positions.
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
5% more funds holding
Funds holding: 75 → 79 (+4)
2.66% more ownership
Funds ownership: 255% → 257.65% (+2.7%)
16% less capital invested
Capital invested by funds: $171M → $143M (-$28.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.24M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.11M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.91M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
+$1.71M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$7.64M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 3 |
Jane Street
New York
|
-$1.38M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.26M |
| 5 |
Millennium Management
New York
|
-$1.25M |
NRIM Hedge Fund Activity: Q2 2023 in Review
79 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q2 2023, worth a combined $143M — down 16% from $171M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NRIM positions and 15 closed out — a net gain of 4 holders — while 27 added to existing stakes and 24 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $2.24M. The largest seller was AltraVue Capital, cutting an estimated $7.64M.
- 79 institutional investors held Northrim BanCorp (NRIM) as of Q2 2023, up from 75 in Q1 2023.
- Funds reported $143M of Northrim BanCorp stock for Q2 2023, down 16% quarter-over-quarter.
- 19 funds opened new Northrim BanCorp positions in Q2 2023 and 15 closed out, a net change of +4 holders.
- The largest Northrim BanCorp buyer in Q2 2023 was Kennedy Capital Management, an estimated $2.24M added.
- The largest Northrim BanCorp seller in Q2 2023 was AltraVue Capital, an estimated $7.64M sold.
Based on aggregated 13F filings for Q2 2023.