PacWest Bancorp
PACW
PACW was delisted on the 30th of November, 2023.
255 hedge funds and large institutions have $768M invested in PacWest Bancorp in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 51 closing their positions.
11% more capital invested
Capital invested by funds: $694M → $768M (+$74M)
4% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 51
6% less call options, than puts
Call options by funds: $23.9M | Put options by funds: $25.5M
2% less funds holding
Funds holding: 259 → 255 (-4)
31% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 88
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$49.4M |
| 2 |
WIC
Water Island Capital
New York
|
+$19.5M |
| 3 |
SIG
Senator Investment Group
New York
|
+$16.7M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10.7M |
| 5 |
Barclays
London,
United Kingdom
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$14.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$12.1M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$5.11M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$4.15M |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
-$3.82M |
PACW Hedge Fund Activity: Q3 2023 in Review
255 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PacWest Bancorp (PACW) for Q3 2023, worth a combined $768M — up 11% from $694M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PACW and 49 opened new positions — a net loss of 2 holders — while 88 trimmed existing stakes and 61 added.
The largest buyer was Goldman Sachs, adding an estimated $49.4M. The largest seller was First Trust Advisors, cutting an estimated $14.5M.
- 255 institutional investors held PacWest Bancorp (PACW) as of Q3 2023, down from 259 in Q2 2023.
- Funds reported $768M of PacWest Bancorp stock for Q3 2023, up 11% quarter-over-quarter.
- 49 funds opened new PacWest Bancorp positions in Q3 2023 and 51 closed out, a net change of -2 holders.
- The largest PacWest Bancorp buyer in Q3 2023 was Goldman Sachs, an estimated $49.4M added.
- The largest PacWest Bancorp seller in Q3 2023 was First Trust Advisors, an estimated $14.5M sold.
Based on aggregated 13F filings for Q3 2023.