NORTHRIM BANCORP INC NRIM
COM · Common Stock · CUSIP 666762109
- SectorFinancials
- IndustrySavings Institution, Federally Chartered
- HeadquartersAnchorage, AK
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.2m this quarter). Holder counts are more reliable. Shares outstanding: 5.6m as of 2023-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $39.34.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 74 |
| Q4 2022 | 80 |
| Q1 2023 | 76 |
| Q2 2023 | 80 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 27 | 36 |
| Q1 2023 | 35 | 34 |
| Q2 2023 | 45 | 39 |
Biggest buyers
| KENNEDY CAPITAL MANAGEMENT LLC | New | +55.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +52.6k |
| STATE STREET CORP | Added | +47.7k |
| Huber Capital Management LLC | Added | +42.6k |
| NORTHERN TRUST CORP | Added | +34.7k |
| BlackRock Inc. | Added | +31.3k |
| Legato Capital Management LLC | New | +28.1k |
| VANGUARD GROUP INC | Added | +24.8k |
| Rosenthal | Henry Capital Advisors, Inc. | Added | +20.0k |
| HRT FINANCIAL LP | Added | +18.2k |
Biggest sellers
| AltraVue Capital, LLC | Reduced | -190.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -35.7k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -31.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -31.2k |
| JANE STREET GROUP, LLC | Sold out | -29.2k |
| Ancora Advisors LLC | Reduced | -21.9k |
| MORGAN STANLEY | Reduced | -20.4k |
| Russell Investments Group, Ltd. | Reduced | -19.9k |
| Hillsdale Investment Management Inc. | Reduced | -19.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -18.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution +17.0 pts · filed 2025-10-09 | 24.4% |
| BlackRock, Inc. 13G · institution filed 2025-02-07 | 8.2% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.9%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $25.4k | 1 | $57.2k | — |
| Q1 2022 | 3 | $161.0k | 0 | — | — |
| Q2 2022 | 7 | $221.6k | 0 | — | — |
| Q3 2022 | 1 | $50.5k | 0 | — | — |
| Q4 2022 | 2 | $47.5k | 1 | $81.6k | — |
| Q1 2023 | 3 | $171.5k | 0 | — | — |
| Q2 2023 | 9 | $422.8k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-07 | ROMANO MARILYN Director | Bought | $40.0k982 shares |
| 2023-05-30 | Schutt Aaron Michael Director | Bought | $29.9k794 shares |
| 2023-05-04 | WIGHT DAVID G Director · By Trust | Bought | $71.5k2.0k shares |
| 2023-05-04 | MARUSHACK JOSEPH Director | Bought | $24.7k695 shares |
| 2023-05-03 | SWALLING JOHN C Director | Bought | $25.7k700 shares |
| 2023-05-02 | SCHIERHORN JOSEPH M President, CEO, and COO, director | Bought | $71.9k2.0k shares |
| 2023-05-02 | WIGHT DAVID G Director | Bought | $70.7k2.0k shares |
| 2023-05-02 | Ballard Jed W EVP, CFO | Bought | $43.7k1.2k shares |
| 2023-05-02 | McCambridge David J Director | Bought | $25.8k684 shares |
| 2023-05-02 | Karp David W Director | Bought | $18.9k500 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 565.7k $22.2m | Added +31.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 472.2k $18.6m | Reduced -18.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 287.0k $11.3m | Added +24.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 256.6k $10.1m | Added +2.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 254.8k $10.0m | Added +8.7k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 161.2k $6.3m | Added +4.7k |
| AltraVue Capital, LLC 0.74% of their portfolio | 160.2k $6.3m | Reduced -190.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 130.5k $5.1m | Reduced -3.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 109.6k $4.3m | Added +52.6k |
| STATE STREET CORP 0.00% of their portfolio | 70.1k $2.8m | Added +47.7k |
| Huber Capital Management LLC 0.64% of their portfolio | 67.6k $2.7m | Added +42.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 66.5k $2.6m | Added +12.1k |
| Ancora Advisors LLC 0.06% of their portfolio | 57.7k $2.3m | Reduced -21.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 55.8k $2.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 55.4k $2.2m | Added +10.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 54.7k $2.1m | Added +3.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 54.0k $2.1m | Added +9.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 50.0k $2.0m | Added +34.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 42.0k $1.7m | Reduced -31.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 36.5k $1.4m | Added +347 |
| HRT FINANCIAL LP 0.01% of their portfolio | 32.3k $1.3m | Added +18.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 31.8k $1.3m | Reduced -1.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 30.0k $1.2m | Reduced -500 |
| Rosenthal | Henry Capital Advisors, Inc. 1.48% of their portfolio | 30.0k $1.2m | Added +20.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 28.9k $1.1m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 28.2k $1.1m | Reduced -31.5k |
| Legato Capital Management LLC 0.15% of their portfolio | 28.1k $1.1m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 26.6k $1.0m | Reduced -2.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 26.2k $1.0m | Added +8.0k |
| BARCLAYS PLC 0.00% of their portfolio | 25.3k $993.2k | Reduced -1.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 23.3k $917.9k | Added +6.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 19.1k $752.9k | Reduced -7.2k |
| Alaska Wealth Advisors, LLC 0.11% of their portfolio | 18.2k $717.6k | Added +794 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 17.8k $702.0k | Added +789 |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.4k $605.6k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 15.4k $603.9k | Reduced -20.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 15.2k $597.2k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 14.9k $586.8k | New |
| Empowered Funds, LLC 0.02% of their portfolio | 14.3k $562.8k | New |
| EA Series Trust 0.02% of their portfolio | 14.3k $562.8k | First filing |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 13.1k $514.0k | Added +176 |
| Quadrature Capital Ltd 0.01% of their portfolio | 12.9k $505.6k | Reduced -4.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 12.7k $501.4k | Reduced -549 |
| Invesco Ltd. 0.00% of their portfolio | 12.4k $487.6k | Added +1.9k |
| CALDWELL SUTTER CAPITAL, INC. 0.25% of their portfolio | 12.4k $486.4k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 11.0k $432.6k | Reduced -3.7k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 10.8k $455.0k | New |
| REDMONT WEALTH ADVISORS LLC 0.73% of their portfolio | 10.8k $424.9k | Added +1.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 10.1k $396.8k | Added +3.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 7.8k $307.8k | Reduced -19.9k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 6.6k $259.6k | Unchanged |
| BAILARD, INC. 0.01% of their portfolio | 6.0k $236.0k | Reduced -2.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.8k $226.3k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 5.5k $214.3k | Reduced -434 |
| UBS Group AG 0.00% of their portfolio | 4.9k $193.9k | Added +2.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 3.4k $132.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.3k $128.2k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 3.0k $116.5k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.9k $115.0k | Added +530 |
| DENALI ADVISORS LLC 0.04% of their portfolio | 2.7k $106.2k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 2.6k $104.2k | New |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 2.4k $94.4k | Reduced -19.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.3k $91.7k | Added +2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.8k $72.0k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.6k $64.4k | Reduced -6.1k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 1.5k $59.0k | Reduced -320 |
| FMR LLC 0.00% of their portfolio | 915 $36.0k | Reduced -1.2k |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 650 $25.6k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 536 $21.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 502 $19.7k | New |
| Cypress Capital Management LLC (WY) 0.02% of their portfolio | 500 $19.7k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 455 $17.9k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 375 $15.0k | Reduced -21 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 328 $12.9k | Reduced -82 |
| Gladius Capital Management LP 0.01% of their portfolio | 311 $12.2k | New |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 307 $12.1k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 276 $10.9k | Unchanged |
| Kistler-Tiffany Companies, LLC 0.00% of their portfolio | 193 $7.6k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $39 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |