Poage Bankshares, Inc.
PBSK
PBSK was delisted on the 7th of December, 2018.
12 hedge funds and large institutions have $22.1M invested in Poage Bankshares, Inc. in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $24.7M → $22.1M (-$2.6M)
14% less funds holding
Funds holding: 14 → 12 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.22M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$27.9K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$1.59M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$231K |
| 3 |
SV
Stilwell Value
New York
|
-$38.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SV
1
Stilwell Value
New York
| $6.6M | -$38.5K | -2,000 | -0.6% |
|
|
MCM
2
Maltese Capital Management
New York
| $6.02M | +$27.9K | +1,446 | +0.5% |
|
3
Wellington Management Group
Boston,
Massachusetts
| $3.37M | – | – | – |
|
|
WSL
4
Western Standard LLC
Los Angeles,
California
| $2.44M | +$1.22M | +63,100 | +101% |
|
|
FVP
5
Firefly Value Partners
Newtown,
Pennsylvania
| $1.32M | – | – | – |
|
|
6
AllianceBernstein
Nashville,
Tennessee
| $1.15M | -$231K | -11,978 | -17% |
|
|
SCP
7
Seizert Capital Partners
Birmingham,
Michigan
| $511K | – | – | – |
|
|
RJA
8
Raymond James & Associates
St Petersburg,
Florida
| $414K | +$9.63K | +500 | +2% |
|
|
FCM
9
FJ Capital Management
Mclean,
Virginia
| $306K | – | – | – |
|
10
BlackRock
New York
| $22K | – | – | – |
|
|
GJL
11
Gendell Jeffrey L
| – | -$1.59M | -75,676 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$21K | -1,015 | Closed |
|
PBSK Hedge Fund Activity: Q1 2018 in Review
12 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Poage Bankshares, Inc. (PBSK) for Q1 2018, worth a combined $22.1M — down 10% from $24.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PBSK and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Western Standard LLC, adding an estimated $1.22M. The largest seller was Gendell Jeffrey L, exiting entirely with an estimated $1.59M sold.
- 12 institutional investors held Poage Bankshares, Inc. (PBSK) as of Q1 2018, down from 14 in Q4 2017.
- Funds reported $22.1M of Poage Bankshares, Inc. stock for Q1 2018, down 10% quarter-over-quarter.
- 0 funds opened new Poage Bankshares, Inc. positions in Q1 2018 and 2 closed out, a net change of -2 holders.
- The largest Poage Bankshares, Inc. buyer in Q1 2018 was Western Standard LLC, an estimated $1.22M added.
- The largest Poage Bankshares, Inc. seller in Q1 2018 was Gendell Jeffrey L, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2018.