PCB Bancorp
PCB
55 hedge funds and large institutions have $53.3M invested in PCB Bancorp in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 7 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
1% more capital invested
Capital invested by funds: $52.6M → $53.3M (+$730K)
1.31% less ownership
Funds ownership: 34.96% → 33.64% (-1.3%)
2% less funds holding
Funds holding: 56 → 55 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$715K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$432K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$396K |
| 4 |
BlackRock
New York
|
+$300K |
| 5 |
State Street
Boston,
Massachusetts
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$2.02M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$582K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$429K |
| 4 |
MCM
Maltese Capital Management
New York
|
-$339K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | -$429K | -47,396 | -98% |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$118 | +13 | +4% |
|
|
MAM
53
Meeder Asset Management
Dublin,
Ohio
| $2K | -$19.8K | -2,187 | -91% |
|
|
TPWA
54
TRUE Private Wealth Advisors
Salem,
Oregon
| $2K | +$1.81K | +200 | New |
|
55
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$63 | -7 | -6% |
|
|
CCM
56
Cadence Capital Management
Boston,
Massachusetts
| – | -$582K | -59,517 | Closed |
|
|
MSL
57
Mackay Shields LLC
New York
| – | -$312K | -31,854 | Closed |
|
58
Two Sigma Investments
New York
| – | -$222K | -22,749 | Closed |
|
|
FL
59
Fourthstone LLC
St Louis,
Missouri
| – | -$100K | -10,247 | Closed |
|
|
RA
60
Royce & Associates
New York
| – | -$24K | -2,453 | Closed |
|
|
PAM
61
Panagora Asset Management
Boston,
Massachusetts
| – | -$8K | -792 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -137 | Closed |
|
PCB Hedge Fund Activity: Q2 2020 in Review
55 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PCB Bancorp (PCB) for Q2 2020, worth a combined $53.3M — up 1.4% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCB and 6 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 23 added.
The largest buyer was Wellington Management Group, adding an estimated $715K. The largest seller was Cutler Capital Management, cutting an estimated $2.02M.
- 55 institutional investors held PCB Bancorp (PCB) as of Q2 2020, down from 56 in Q1 2020.
- Funds reported $53.3M of PCB Bancorp stock for Q2 2020, up 1.4% quarter-over-quarter.
- 6 funds opened new PCB Bancorp positions in Q2 2020 and 7 closed out, a net change of -1 holder.
- The largest PCB Bancorp buyer in Q2 2020 was Wellington Management Group, an estimated $715K added.
- The largest PCB Bancorp seller in Q2 2020 was Cutler Capital Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q2 2020.