Pioneer Bancorp
PBFS
42 hedge funds and large institutions have $60M invested in Pioneer Bancorp in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 3 closing their positions.
0.42% more ownership
Funds ownership: 23.01% → 23.43% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 43 → 42 (-1)
12% less capital invested
Capital invested by funds: $67.9M → $60M (-$7.82M)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$899K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$269K |
| 3 |
State Street
Boston,
Massachusetts
|
+$143K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$111K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$99.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$200K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$125K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$40.9K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$39.9K |
| 5 |
Bank of New York Mellon
New York
|
-$25.6K |
PBFS Hedge Fund Activity: Q1 2023 in Review
42 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pioneer Bancorp (PBFS) for Q1 2023, worth a combined $60M — down 12% from $67.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PBFS and 2 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.
The largest buyer was M3F Inc, adding an estimated $899K. The largest seller was BlackRock, cutting an estimated $200K.
- 42 institutional investors held Pioneer Bancorp (PBFS) as of Q1 2023, down from 43 in Q4 2022.
- Funds reported $60M of Pioneer Bancorp stock for Q1 2023, down 12% quarter-over-quarter.
- 2 funds opened new Pioneer Bancorp positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest Pioneer Bancorp buyer in Q1 2023 was M3F Inc, an estimated $899K added.
- The largest Pioneer Bancorp seller in Q1 2023 was BlackRock, an estimated $200K sold.
Based on aggregated 13F filings for Q1 2023.