Numerai GP LLC Sells 42,550 Shares of Eagle Bancorp

The hedge fund reduced its stake in the financial services provider by 25.4% in the third quarter.

Mar. 17, 2026 at 1:06pm

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Numerai GP LLC, a hedge fund, reduced its position in shares of Eagle Bancorp, Inc. (NASDAQ:EGBN) by 25.4% during the third quarter, according to the company's 13F filing with the SEC. Numerai GP LLC now owns 124,910 shares of the financial services provider's stock, worth approximately $2.5 million.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of Numerai GP LLC, a hedge fund that holds a significant stake in Eagle Bancorp. The reduction in the fund's position could signal a shift in its outlook on the financial services company.

The details

According to the 13F filing, Numerai GP LLC sold 42,550 shares of Eagle Bancorp during the third quarter, reducing its total stake to 124,910 shares. The fund now owns approximately 0.41% of the financial services provider's outstanding shares.

  • Numerai GP LLC reduced its position in Eagle Bancorp during the third quarter.

The players

Numerai GP LLC

A hedge fund that previously held a significant stake in Eagle Bancorp, Inc.

Eagle Bancorp, Inc.

A financial services provider headquartered in Bethesda, Maryland, focused on serving businesses and consumers in the Washington, DC metropolitan area.

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The takeaway

The reduction in Numerai GP LLC's position in Eagle Bancorp suggests the hedge fund may have a more cautious outlook on the financial services company's prospects, though the specific reasons behind the portfolio adjustment are not clear from the available information.