PCB Bancorp
PCB
51 hedge funds and large institutions have $92.2M invested in PCB Bancorp in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
27% more capital invested
Capital invested by funds: $72.8M → $92.2M (+$19.4M)
4% more funds holding
Funds holding: 49 → 51 (+2)
3.87% more ownership
Funds ownership: 29.13% → 33% (+3.9%)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.22M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.23M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.09M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$5.75M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$933K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$818K |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$501K |
| 5 |
Morgan Stanley
New York
|
-$297K |
PCB Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PCB Bancorp (PCB) for Q1 2019, worth a combined $92.2M — up 27% from $72.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCB positions and 4 closed out — a net gain of 2 holders — while 20 added to existing stakes and 19 trimmed.
The largest buyer was EJF Capital, adding an estimated $12M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $5.75M sold.
- 51 institutional investors held PCB Bancorp (PCB) as of Q1 2019, up from 49 in Q4 2018.
- Funds reported $92.2M of PCB Bancorp stock for Q1 2019, up 27% quarter-over-quarter.
- 6 funds opened new PCB Bancorp positions in Q1 2019 and 4 closed out, a net change of +2 holders.
- The largest PCB Bancorp buyer in Q1 2019 was EJF Capital, an estimated $12M added.
- The largest PCB Bancorp seller in Q1 2019 was Basswood Capital Management, an estimated $5.75M sold.
Based on aggregated 13F filings for Q1 2019.