Pioneer Bancorp
PBFS
45 hedge funds and large institutions have $44.5M invested in Pioneer Bancorp in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 4 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
0.88% more ownership
Funds ownership: 15.6% → 16.48% (+0.88%)
2% less funds holding
Funds holding: 46 → 45 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
28% less capital invested
Capital invested by funds: $62M → $44.5M (-$17.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.72M |
| 2 |
LBS
Lawrence B. Seidman
|
+$1.91M |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.07M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$406K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$321K |
| 3 |
Morgan Stanley
New York
|
-$292K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$224K |
| 5 |
FC
Farley Capital
New York
|
-$128K |
PBFS Hedge Fund Activity: Q1 2020 in Review
45 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pioneer Bancorp (PBFS) for Q1 2020, worth a combined $44.5M — down 28% from $62M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PBFS and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 16 added.
The largest buyer was Vanguard Group, adding an estimated $2.72M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $3.6M sold.
- 45 institutional investors held Pioneer Bancorp (PBFS) as of Q1 2020, down from 46 in Q4 2019.
- Funds reported $44.5M of Pioneer Bancorp stock for Q1 2020, down 28% quarter-over-quarter.
- 3 funds opened new Pioneer Bancorp positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest Pioneer Bancorp buyer in Q1 2020 was Vanguard Group, an estimated $2.72M added.
- The largest Pioneer Bancorp seller in Q1 2020 was Basswood Capital Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2020.