Home News Business Brookline Bancorp, Inc. (BRKL) Shares Bought By Renaissance Technologies, LLC

Brookline Bancorp, Inc. (BRKL) Shares Bought By Renaissance Technologies, LLC

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Renaissance Technologiesm, LLC raised its position in Brookline Bancorp, Inc. (NASDAQ:BRKL) by 18.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,118,600 shares of the company’s stock after buying an additional 173,100 shares during the period. Renaissance Technologies, LLC owned about 1.59% of Brookline Bancorp, Inc. worth $18,345,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Moors & Cabot, Inc. increased its stake in shares of Brookline Bancorp, Inc. by 0.8% in the third quarter. Moors & Cabot, Inc. now owns 78,872 shares of the company’s stock worth $956,000 after buying an additional 625 shares during the period. Hartford Investment Management Co. increased its stake in shares of Brookline Bancorp, Inc. by 5.7% in the third quarter. Hartford Investment Management Co. now owns 14,800 shares of the company’s stock worth $180,000 after buying an additional 800 shares during the period. Aperio Group, LLC increased its stake in shares of Brookline Bancorp, Inc. by 5.0% in the third quarter. Aperio Group, LLC now owns 21,488 shares of the company’s stock worth $262,000 after buying an additional 1,015 shares during the period. Great West Life Assurance Co. Can increased its stake in shares of Brookline Bancorp, Inc. by 2.2% in the third quarter. Great West Life Assurance Co. Can now owns 98,459 shares of the company’s stock worth $1,198,000 after buying an additional 2,126 shares during the period. Finally, Mutual of America Capital Management, LLC increased its stake in shares of Brookline Bancorp, Inc. by 0.5% in the third quarter. Mutual of America Capital Managementm, LLC now owns 479,787 shares of the company’s stock worth $5,849,000 after buying an additional 2,439 shares during the period. 77.36% of the stock is owned by institutional investors.

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.