Pioneer Bancorp
PBFS
42 hedge funds and large institutions have $40.1M invested in Pioneer Bancorp in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 6 reducing their positions, and 6 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 6
0.38% more ownership
Funds ownership: 16.49% → 16.87% (+0.38%)
7% less funds holding
Funds holding: 45 → 42 (-3)
10% less capital invested
Capital invested by funds: $44.5M → $40.1M (-$4.38M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$391K |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$273K |
| 3 |
SV
Stilwell Value
New York
|
+$233K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$207K |
| 5 |
State Street
Boston,
Massachusetts
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$327K |
| 2 |
FA
Fagan Associates
Troy,
New York
|
-$223K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$113K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$111K |
| 5 |
LBS
Lawrence B. Seidman
|
-$90.2K |
PBFS Hedge Fund Activity: Q2 2020 in Review
42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pioneer Bancorp (PBFS) for Q2 2020, worth a combined $40.1M — down 9.9% from $44.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PBFS and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 20 added.
The largest buyer was Kennedy Capital Management, adding an estimated $391K. The largest seller was BlackRock, cutting an estimated $327K.
- 42 institutional investors held Pioneer Bancorp (PBFS) as of Q2 2020, down from 45 in Q1 2020.
- Funds reported $40.1M of Pioneer Bancorp stock for Q2 2020, down 9.9% quarter-over-quarter.
- 3 funds opened new Pioneer Bancorp positions in Q2 2020 and 6 closed out, a net change of -3 holders.
- The largest Pioneer Bancorp buyer in Q2 2020 was Kennedy Capital Management, an estimated $391K added.
- The largest Pioneer Bancorp seller in Q2 2020 was BlackRock, an estimated $327K sold.
Based on aggregated 13F filings for Q2 2020.