PARAGON COMMERCIAL CORPORATION
PBNC
PBNC was delisted on the 26th of January, 2018.
33 hedge funds and large institutions have $52.6M invested in PARAGON COMMERCIAL CORPORATION in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
65% more funds holding
Funds holding: 20 → 33 (+13)
20% more capital invested
Capital invested by funds: $43.8M → $52.6M (+$8.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$2.56M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.68M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.05M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$845K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$825K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.74M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$440K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$45.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$21K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$18.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $50K | +$50.4K | +1,375 | New |
|
27
Wells Fargo
San Francisco,
California
| $18K | – | – | – |
|
|
SO
28
STRS Ohio
Columbus,
Ohio
| $10K | +$11K | +300 | New |
|
29
Morgan Stanley
New York
| $4K | +$4.44K | +121 | New |
|
30
Citigroup
New York
| $3K | +$2.53K | +69 | New |
|
|
BIM
31
BlackRock Investment Management
Wilmington,
Delaware
| $3K | +$2.75K | +75 | New |
|
32
Bank of America
Charlotte,
North Carolina
| $2K | +$1.61K | +44 | New |
|
33
BNP Paribas Financial Markets
Paris,
France
| $1.13K | +$1.14K | +31 | New |
|
|
MCM
34
Maltese Capital Management
New York
| – | -$1.74M | -49,769 | Closed |
|
|
35
UBS Group
Zurich,
Switzerland
| – | -$21K | -613 | Closed |
|
PBNC Hedge Fund Activity: Q3 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PARAGON COMMERCIAL CORPORATION (PBNC) for Q3 2016, worth a combined $52.6M — up 20% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBNC positions and 2 closed out — a net gain of 13 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $2.56M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.74M sold.
- 33 institutional investors held PARAGON COMMERCIAL CORPORATION (PBNC) as of Q3 2016, up from 20 in Q2 2016.
- Funds reported $52.6M of PARAGON COMMERCIAL CORPORATION stock for Q3 2016, up 20% quarter-over-quarter.
- 15 funds opened new PARAGON COMMERCIAL CORPORATION positions in Q3 2016 and 2 closed out, a net change of +13 holders.
- The largest PARAGON COMMERCIAL CORPORATION buyer in Q3 2016 was Mendon Capital Advisors, an estimated $2.56M added.
- The largest PARAGON COMMERCIAL CORPORATION seller in Q3 2016 was Maltese Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2016.