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 $3.54M 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 2023 Q2 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 1 reducing their positions, and closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more funds holding
Funds holding: 3 → 3 (0)
23% less capital invested
Capital invested by funds: $4.61M → $3.54M (-$1.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$197K |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$6.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.25M |
PACWP Hedge Fund Activity: Q2 2023 in Review
3 of the 6,369 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 Q2 2023, worth a combined $3.54M — down 23% from $4.61M a quarter earlier.
Fund positioning in PACWP was balanced in Q2 2023: 0 funds opened new positions, 0 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Pinnacle Holdings, adding an estimated $197K. The largest seller was Maltese Capital Management, cutting an estimated $1.25M.
- 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 Q2 2023, unchanged from Q1 2023.
- Funds reported $3.54M 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 Q2 2023, down 23% 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 Q2 2023 and 0 closed out.
- 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 Q2 2023 was Pinnacle Holdings, an estimated $197K 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 Q2 2023 was Maltese Capital Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2023.