Pioneer Bancorp
PBFS
46 hedge funds and large institutions have $62M invested in Pioneer Bancorp in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 4 reducing their positions, and 8 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 4
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
28% more capital invested
Capital invested by funds: $48.6M → $62M (+$13.5M)
5% more funds holding
Funds holding: 44 → 46 (+2)
0.63% more ownership
Funds ownership: 14.97% → 15.6% (+0.63%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.69M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.61M |
| 3 |
State Street
Boston,
Massachusetts
|
+$966K |
| 4 |
BCM
Basswood Capital Management
New York
|
+$666K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.09M |
| 2 |
Millennium Management
New York
|
-$532K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$398K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$246K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$157K |
PBFS Hedge Fund Activity: Q4 2019 in Review
46 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pioneer Bancorp (PBFS) for Q4 2019, worth a combined $62M — up 28% from $48.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PBFS positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 4 trimmed.
The largest buyer was Brandywine Global Investment Management, opening a new position worth an estimated $1.69M. The largest seller was Wellington Management Group, exiting entirely with an estimated $4.09M sold.
- 46 institutional investors held Pioneer Bancorp (PBFS) as of Q4 2019, up from 44 in Q3 2019.
- Funds reported $62M of Pioneer Bancorp stock for Q4 2019, up 28% quarter-over-quarter.
- 11 funds opened new Pioneer Bancorp positions in Q4 2019 and 8 closed out, a net change of +3 holders.
- The largest Pioneer Bancorp buyer in Q4 2019 was Brandywine Global Investment Management, an estimated $1.69M added.
- The largest Pioneer Bancorp seller in Q4 2019 was Wellington Management Group, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2019.