Center Bancorp
CNOB and CNOBP • NASDAQ
Center Bancorp is a banks - regional company in the financial services sector on NASDAQ, led by Frank S. Sorrentino III, with a market cap of $1.4B. As of Q3 2025, 72% of shares are held by 182 institutional investors, with BlackRock, Inc. as the largest holder at 9.66%.
Chairman, President and Chief Executive Officer of Center BancorpFrank S. Sorrentino III
Market Cap$1.4B
Banks - Regional
Financial Services
Employees499.0
Websiteconnectonebank.com
Country
United States of America
Overview
Overview of institutional ownership in CNOB and CNOBP as of Q3 2025 with a market cap of $1.2B
All Institutions
- Institutions
- 182
- Value Held
- $902.2M
- Shares Held
- 36.4M
- Avg Position
- $5.0M
- Median Position
- $508.1K
Hedge Funds
- Hedge Funds
- 22
- Value Held
- $74.0M
- Shares Held
- 3.0M
- Avg Position
- $3.4M
- Median Position
- $2.2M
Ownership Breakdown
Based on market cap of $1.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in CNOB and CNOBP as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $120.5M 0.00% of portfolio |
 FMR LLC Institution | $78.7M 0.00% of portfolio |
 WELLINGTON MANAGEMENT CO LLP Long Only Manager | $71.5M 0.01% of portfolio |
 VANGUARD GROUP INC Institution | $70.7M 0.00% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $70.4M 0.02% of portfolio |
 STATE STREET CORP Institution | $37.1M 0.00% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $30.5M 0.00% of portfolio |
 GOLDMAN SACHS GROUP INC Institution | $30.1M 0.00% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $24.4M 0.00% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $23.0M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for CNOB and CNOBP in Q3 2025
- Traded
- +$44.6M
- Buyers
- 78
- Sellers
- 83
- Total Bought
- +$105.3M
- Total Sold
- −$60.7M
- Avg Position
- $4.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
WELLINGTON MANAGEMENT CO LLP Long Only Manager | +$31.1M +1.3M shares |
 KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager | +$19.0M +764.8K shares |
A Algebris Ltd Institution | +$15.4M +620.3K shares |
STATE STREET CORP Institution | +$4.8M +192.3K shares |
N Nuveen, LLC Institution | +$4.5M +179.8K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$4.2M +168.5K shares |
S Stieven Capital Advisors, L.P. Hedge Fund•Long/Short | +$3.9M +158.7K shares |
 Robeco Investment Management, Inc. Long Only Manager | +$3.2M +128.7K shares |
S Squarepoint Ops LLC Hedge Fund•Quant | +$2.7M +109.0K shares |
S STIFEL FINANCIAL CORP Long Only Manager | +$2.5M +99.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
B BlackRock, Inc. Institution | −$14.8M −596.7K shares |
 Verition Fund Management LLC Hedge Fund•Multi-Strategy | −$5.6M −243.8K shares |
 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager | −$2.8M −111.5K shares |
 AMERIPRISE FINANCIAL INC Institution | −$2.6M −103.0K shares |
 JPMORGAN CHASE & CO Institution | −$2.5M −101.4K shares |
B BANC FUNDS CO LLC Institution | −$2.5M −101.0K shares |
H HUSSMAN STRATEGIC ADVISORS, INC. Institution | −$2.4M −105.0K shares |
 PRUDENTIAL FINANCIAL INC Institution | −$2.1M −86.6K shares |
 Fourthstone LLC Hedge Fund•Long/Short | −$2.1M −86.1K shares |
D D. E. Shaw & Co., Inc. Institution | −$1.8M −79.1K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited CNOB and CNOBP in Q3 2025
- New Positions
- 14
- New Value
- $20.3M
- Exited Positions
- 19
- Exited Value
- $15.4M
New Positions
| Institution | Position Value |
|---|---|
A Algebris Ltd Institution | $15.4M 620.3K shares |
Robeco Investment Management, Inc. Long Only Manager | $3.2M 128.7K shares |
 Cetera Investment Advisers RIA/Wealth | $1.1M 42.8K shares |
 VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $302.8K 12.2K shares |
G Ground Swell Capital, LLC Hedge Fund•Multi-Strategy | $224.3K 9.0K shares |
S State of Alaska, Department of Revenue Institution | $48.9K 2.0K shares |
 SRS Capital Advisors, Inc. RIA/Wealth | $12.3K 497.0 shares |
 Hartland & Co., LLC RIA/Wealth | $11.2K 450.0 shares |
O Optiver Holding B.V. Institution | $9.5K 384.0 shares |
 JPL Wealth Management, LLC RIA/Wealth | $7.4K 300.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Verition Fund Management LLC Hedge Fund•Multi-Strategy | $5.6M 243.8K shares |
H HUSSMAN STRATEGIC ADVISORS, INC. Institution | $2.4M 105.0K shares |
D D. E. Shaw & Co., Inc. Institution | $1.8M 79.1K shares |
 Connor, Clark & Lunn Investment Management Ltd. Long Only Manager | $1.4M 61.2K shares |
S STRS OHIO Institution | $678.6K 29.3K shares |
R RMB Capital Management, LLC RIA/Wealth | $579.0K 25.0K shares |
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector | $579.0K 25.0K shares |
 THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager | $569.4K 24.6K shares |
 STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth | $523.0K 22.6K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $481.0K 20.8K shares |
Options Activity
Institutions with the largest Call and Put options positions in CNOB and CNOBP as of Q3 2025
- Call Positions
- 1
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with CNOB and CNOBP as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 PMC FIG Opportunities LLC Real Assets | 9.37% $5.9M |
S Stieven Capital Advisors, L.P. Hedge Fund•Long/Short | 3.28% $17.4M |
 John W. Rosenthal Capital Management, Inc. Hedge Fund•Long/Short | 2.02% $2.0M |
 Elizabeth Park Capital Advisors, Ltd. Hedge Fund•Long/Short | 1.95% $2.5M |
 Gator Capital Management, LLC Hedge Fund•Long/Short | 1.95% $7.6M |
A Algebris Ltd Institution | 1.92% $15.4M |
B BANC FUNDS CO LLC Institution | 1.45% $6.0M |
P Persistent Asset Partners Ltd Institution | 1.37% $1.9M |
S SALZHAUER MICHAEL Institution | 0.87% $1.7M |
Fourthstone LLC Hedge Fund•Long/Short | 0.54% $3.0M |
Hedge Fund Spotlight
Discover hedge funds investing in CNOB and CNOBP
VOLORIDGE INVESTMENT MANAGEMENT, LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDavid Spiel Vogel
- Portfolio Value
- $29.8B
- Positions
- 1,153
- Last Reported
- Q3 2025
Sector Allocation
Position in Center Bancorp
CNOB and CNOBP
- Market Value
- $302.8K
- Shares Held
- 12.2K
- Portfolio Weight
- 0.00%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $927.1M | 3.11% | |
Semiconductors Technology | $477.0M | 1.60% | |
Discount Stores Consumer Defensive | $441.9M | 1.48% |
