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PCB Bancorp

50 hedge funds and large institutions have $84.6M invested in PCB Bancorp in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more capital invested

Capital invested by funds: $51.9M → $84.6M (+$32.7M)

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

4% more funds holding

Funds holding: 4850 (+2)

3.15% more ownership

Funds ownership: 33.42%36.57% (+3.2%)

30% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 20

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
14
Reduced
20
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$17.8M -$4.31M -319,632 -21%
BlackRock
2
BlackRock
New York
$14.1M +$920K +68,212 +8%
BCM
3
Basswood Capital Management
New York
$11.2M +$10.1M +745,335 New
Vanguard Group
4
Vanguard Group
Pennsylvania
$9.9M +$108K +8,028 +1%
State Street
5
State Street
Massachusetts
$2.85M -$393K -29,107 -13%
BCM
6
BHZ Capital Management
California
$2.85M +$36K +2,669 +1%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.79M +$158K +11,693 +7%
AllianceBernstein
8
AllianceBernstein
Tennessee
$2.47M -$12.7K -942 -0.6%
BCM
9
Bridgeway Capital Management
Texas
$2.44M -$337K -25,000 -13%
Northern Trust
10
Northern Trust
Illinois
$1.86M -$88.4K -6,554 -5%
LSV Asset Management
11
LSV Asset Management
Illinois
$1.57M +$801K +59,375 +131%
State of Wisconsin Investment Board
12
State of Wisconsin Investment Board
Wisconsin
$1.53M
RIP
13
Rhino Investment Partners
Pennsylvania
$1.5M +$1.35M +99,862 New
Bank of New York Mellon
14
Bank of New York Mellon
New York
$1.16M +$22.1K +1,639 +2%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$1.14M -$94.7K -7,024 -8%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$1.13M +$214K +15,862 +27%
Bank of America
17
Bank of America
North Carolina
$855K -$35.1K -2,601 -4%
Renaissance Technologies
18
Renaissance Technologies
New York
$822K -$750K -55,600 -50%
JP Morgan Chase
19
JP Morgan Chase
New York
$716K +$59.1K +4,385 +10%
Morgan Stanley
20
Morgan Stanley
New York
$571K -$189K -13,981 -27%
Charles Schwab
21
Charles Schwab
California
$490K
PPA
22
Parametric Portfolio Associates
Washington
$468K -$93K -6,893 -18%
Deutsche Bank
23
Deutsche Bank
Germany
$441K +$277K +20,530 +232%
N
24
Nuveen
North Carolina
$421K
SO
25
STRS Ohio
Ohio
$349K

PCB Hedge Fund Activity: Q1 2021 in Review

50 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PCB Bancorp (PCB) for Q1 2021, worth a combined $84.6M — up 63% from $51.9M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PCB positions and 6 closed out — a net gain of 2 holders — while 14 added to existing stakes and 20 trimmed.

The largest buyer was Basswood Capital Management, opening a new position worth an estimated $10.1M. The largest seller was EJF Capital, cutting an estimated $4.31M.

  • 50 institutional investors held PCB Bancorp (PCB) as of Q1 2021, up from 48 in Q4 2020.
  • Funds reported $84.6M of PCB Bancorp stock for Q1 2021, up 63% quarter-over-quarter.
  • 8 funds opened new PCB Bancorp positions in Q1 2021 and 6 closed out, a net change of +2 holders.
  • The largest PCB Bancorp buyer in Q1 2021 was Basswood Capital Management, an estimated $10.1M added.
  • The largest PCB Bancorp seller in Q1 2021 was EJF Capital, an estimated $4.31M sold.

Based on aggregated 13F filings for Q1 2021.