Peoples Bancorp of North Carolina
PEBK
25 hedge funds and large institutions have $20.3M invested in Peoples Bancorp of North Carolina in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 5 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
3% more capital invested
Capital invested by funds: $19.7M → $20.3M (+$665K)
7% less funds holding
Funds holding: 27 → 25 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$954K |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
+$571K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$436K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$239K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$70.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.12M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$654K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$388K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Basswood Capital Management
New York
| – | -$1.12M | -79,248 | Closed |
|
|
CFA
27
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$388K | -27,350 | Closed |
|
|
28
Bank of America
Charlotte,
North Carolina
| – | -$16K | -1,109 | Closed |
|
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$12K | -880 | Closed |
|
30
Wells Fargo
San Francisco,
California
| – | -$15 | -1 | Closed |
|
PEBK Hedge Fund Activity: Q2 2014 in Review
25 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Peoples Bancorp of North Carolina (PEBK) for Q2 2014, worth a combined $20.3M — up 3.4% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PEBK and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 9 added.
The largest buyer was AllianceBernstein, adding an estimated $954K. The largest seller was Basswood Capital Management, exiting entirely with an estimated $1.12M sold.
- 25 institutional investors held Peoples Bancorp of North Carolina (PEBK) as of Q2 2014, down from 27 in Q1 2014.
- Funds reported $20.3M of Peoples Bancorp of North Carolina stock for Q2 2014, up 3.4% quarter-over-quarter.
- 3 funds opened new Peoples Bancorp of North Carolina positions in Q2 2014 and 5 closed out, a net change of -2 holders.
- The largest Peoples Bancorp of North Carolina buyer in Q2 2014 was AllianceBernstein, an estimated $954K added.
- The largest Peoples Bancorp of North Carolina seller in Q2 2014 was Basswood Capital Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2014.