PacWest Bancorp
PACW
PACW was delisted on the 30th of November, 2023.
276 hedge funds and large institutions have $909M invested in PacWest Bancorp in 2023 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 95 increasing their positions, 93 reducing their positions, and 75 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 93
8% less funds holding
Funds holding: 300 → 276 (-24)
11% less call options, than puts
Call options by funds: $39.2M | Put options by funds: $43.9M
25% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 75
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
62% less capital invested
Capital invested by funds: $2.4B → $909M (-$1.49B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$68.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$52M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$37.5M |
| 4 |
Millennium Management
New York
|
+$35.1M |
| 5 |
Two Sigma Advisers
New York
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$176M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$64.3M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$59.5M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$42M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$37.5M |
PACW Hedge Fund Activity: Q1 2023 in Review
276 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PacWest Bancorp (PACW) for Q1 2023, worth a combined $909M — down 62% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of PACW and 56 opened new positions — a net loss of 19 holders — while 93 trimmed existing stakes and 95 added.
The largest buyer was State Street, adding an estimated $68.3M. The largest seller was Fidelity Investments, cutting an estimated $176M.
- 276 institutional investors held PacWest Bancorp (PACW) as of Q1 2023, down from 300 in Q4 2022.
- Funds reported $909M of PacWest Bancorp stock for Q1 2023, down 62% quarter-over-quarter.
- 56 funds opened new PacWest Bancorp positions in Q1 2023 and 75 closed out, a net change of -19 holders.
- The largest PacWest Bancorp buyer in Q1 2023 was State Street, an estimated $68.3M added.
- The largest PacWest Bancorp seller in Q1 2023 was Fidelity Investments, an estimated $176M sold.
Based on aggregated 13F filings for Q1 2023.