PCB Bancorp
PCB
41 hedge funds and large institutions have $88M invested in PCB Bancorp in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
0.85% less ownership
Funds ownership: 33% → 32.15% (-0.85%)
5% less capital invested
Capital invested by funds: $92.2M → $88M (-$4.17M)
20% less funds holding
Funds holding: 51 → 41 (-10)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.51M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$952K |
| 3 |
BlackRock
New York
|
+$869K |
| 4 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$781K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$2.4M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.77M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.13M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$883K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$417K |
PCB Hedge Fund Activity: Q2 2019 in Review
41 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PCB Bancorp (PCB) for Q2 2019, worth a combined $88M — down 4.5% from $92.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PCB and 3 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was EJF Capital, adding an estimated $1.51M. The largest seller was Maltese Capital Management, cutting an estimated $2.4M.
- 41 institutional investors held PCB Bancorp (PCB) as of Q2 2019, down from 51 in Q1 2019.
- Funds reported $88M of PCB Bancorp stock for Q2 2019, down 4.5% quarter-over-quarter.
- 3 funds opened new PCB Bancorp positions in Q2 2019 and 11 closed out, a net change of -8 holders.
- The largest PCB Bancorp buyer in Q2 2019 was EJF Capital, an estimated $1.51M added.
- The largest PCB Bancorp seller in Q2 2019 was Maltese Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2019.