PacWest Bancorp
PACW
PACW was delisted on the 30th of November, 2023.
391 hedge funds and large institutions have $5.4B invested in PacWest Bancorp in 2018 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 117 increasing their positions, 141 reducing their positions, and 39 closing their positions.
69% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 39
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
6% more funds holding
Funds holding: 368 → 391 (+23)
3% less capital invested
Capital invested by funds: $5.58B → $5.4B (-$173M)
17% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 141
23% less call options, than puts
Call options by funds: $4.71M | Put options by funds: $6.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$38.2M |
| 2 |
Goldman Sachs
New York
|
+$23.2M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$22.8M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$21.3M |
| 5 |
AU
Algebris (UK)
London,
United Kingdom
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$39.1M |
| 2 |
Millennium Management
New York
|
-$31.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$27.2M |
| 4 |
BlackRock
New York
|
-$18.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$18.4M |
PACW Hedge Fund Activity: Q1 2018 in Review
391 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PacWest Bancorp (PACW) for Q1 2018, worth a combined $5.4B — down 3.1% from $5.58B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PACW positions and 39 closed out — a net gain of 27 holders — while 117 added to existing stakes and 141 trimmed.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $38.2M. The largest seller was Miller Howard Investments, cutting an estimated $39.1M.
- 391 institutional investors held PacWest Bancorp (PACW) as of Q1 2018, up from 368 in Q4 2017.
- Funds reported $5.4B of PacWest Bancorp stock for Q1 2018, down 3.1% quarter-over-quarter.
- 66 funds opened new PacWest Bancorp positions in Q1 2018 and 39 closed out, a net change of +27 holders.
- The largest PacWest Bancorp buyer in Q1 2018 was GW&K Investment Management, an estimated $38.2M added.
- The largest PacWest Bancorp seller in Q1 2018 was Miller Howard Investments, an estimated $39.1M sold.
Based on aggregated 13F filings for Q1 2018.