Pioneer Bancorp
PBFS
41 hedge funds and large institutions have $42.7M invested in Pioneer Bancorp in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 4 closing their positions.
7% more capital invested
Capital invested by funds: $40.1M → $42.7M (+$2.66M)
1.66% more ownership
Funds ownership: 16.87% → 18.53% (+1.7%)
2% less funds holding
Funds holding: 42 → 41 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$2.58M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.19M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$372K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$317K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.07M |
| 2 |
Renaissance Technologies
New York
|
-$119K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$81.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$24K |
| 5 |
Morgan Stanley
New York
|
-$21.7K |
PBFS Hedge Fund Activity: Q3 2020 in Review
41 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pioneer Bancorp (PBFS) for Q3 2020, worth a combined $42.7M — up 6.6% from $40.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PBFS and 3 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 10 added.
The largest buyer was M3F Inc, adding an estimated $2.58M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.07M sold.
- 41 institutional investors held Pioneer Bancorp (PBFS) as of Q3 2020, down from 42 in Q2 2020.
- Funds reported $42.7M of Pioneer Bancorp stock for Q3 2020, up 6.6% quarter-over-quarter.
- 3 funds opened new Pioneer Bancorp positions in Q3 2020 and 4 closed out, a net change of -1 holder.
- The largest Pioneer Bancorp buyer in Q3 2020 was M3F Inc, an estimated $2.58M added.
- The largest Pioneer Bancorp seller in Q3 2020 was Maltese Capital Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2020.