PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
PACWP
PACWP was delisted on the 30th of November, 2023.
3 hedge funds and large institutions have $6.02M invested in PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
25% less funds holding
Funds holding: 4 → 3 (-1)
36% less capital invested
Capital invested by funds: $9.41M → $6.02M (-$3.39M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$90.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.93M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.52M |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$18.9K |
PACWP Hedge Fund Activity: Q4 2022 in Review
3 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (PACWP) for Q4 2022, worth a combined $6.02M — down 36% from $9.41M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PACWP and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Pinnacle Holdings, adding an estimated $90.1K. The largest seller was Maltese Capital Management, cutting an estimated $1.93M.
- 3 institutional investors held PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (PACWP) as of Q4 2022, down from 4 in Q3 2022.
- Funds reported $6.02M of PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A stock for Q4 2022, down 36% quarter-over-quarter.
- 0 funds opened new PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A positions in Q4 2022 and 1 closed out, a net change of -1 holder.
- The largest PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A buyer in Q4 2022 was Pinnacle Holdings, an estimated $90.1K added.
- The largest PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A seller in Q4 2022 was Maltese Capital Management, an estimated $1.93M sold.
Based on aggregated 13F filings for Q4 2022.