Ponce Financial Group
PDLB
50 hedge funds and large institutions have $93.7M invested in Ponce Financial Group in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 19 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
20% more capital invested
Capital invested by funds: $78.4M → $93.7M (+$15.4M)
3.24% more ownership
Funds ownership: 40.09% → 43.33% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 53 → 50 (-3)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.49M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.49M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.24M |
| 4 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$979K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$974K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$3.79M |
| 2 |
Millennium Management
New York
|
-$1.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$977K |
| 4 |
Jane Street
New York
|
-$854K |
| 5 |
NM
Newtyn Management
New York
|
-$552K |
PDLB Hedge Fund Activity: Q2 2023 in Review
50 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Ponce Financial Group (PDLB) for Q2 2023, worth a combined $93.7M — up 20% from $78.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PDLB and 16 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was BlackRock, adding an estimated $9.49M. The largest seller was Rhino Investment Partners, exiting entirely with an estimated $3.79M sold.
- 50 institutional investors held Ponce Financial Group (PDLB) as of Q2 2023, down from 53 in Q1 2023.
- Funds reported $93.7M of Ponce Financial Group stock for Q2 2023, up 20% quarter-over-quarter.
- 16 funds opened new Ponce Financial Group positions in Q2 2023 and 19 closed out, a net change of -3 holders.
- The largest Ponce Financial Group buyer in Q2 2023 was BlackRock, an estimated $9.49M added.
- The largest Ponce Financial Group seller in Q2 2023 was Rhino Investment Partners, an estimated $3.79M sold.
Based on aggregated 13F filings for Q2 2023.