Peoples Bancorp of North Carolina
PEBK
33 hedge funds and large institutions have $42.6M invested in Peoples Bancorp of North Carolina in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 7 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $35.4M → $42.6M (+$7.16M)
0.41% more ownership
Funds ownership: 28.62% → 29.03% (+0.41%)
3% less funds holding
Funds holding: 34 → 33 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$5.41M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$866K |
| 3 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$691K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$378K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.76M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.18M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.15M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.04M |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
-$647K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $26K | +$24.4K | +990 | New |
|
|
KF
27
Krilogy Financial
St. Louis,
Missouri
| $25K | – | – | – |
|
|
NFA
28
Nationwide Fund Advisors
Columbus,
Ohio
| $19K | – | – | – |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| $14K | +$13.1K | +534 | New |
|
30
Morgan Stanley
New York
| $13K | +$10.8K | +440 | +800% |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
|
DA
32
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
33
Acadian Asset Management
Boston,
Massachusetts
| $2K | +$2.21K | +90 | New |
|
|
BFC
34
Banc Funds Company
Chicago,
Illinois
| – | -$2.76M | -121,239 | Closed |
|
|
CRC
35
Curi RMB Capital
Chicago,
Illinois
| – | -$1.18M | -51,748 | Closed |
|
|
APCM
36
Arbiter Partners Capital Management
New York
| – | -$647K | -28,373 | Closed |
|
37
SEI Investments
Oaks,
Pennsylvania
| – | -$19K | -825 | Closed |
|
38
EARNEST Partners
Atlanta,
Georgia
| – | -$10K | -440 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | -$25 | -1 | Closed |
|
PEBK Hedge Fund Activity: Q1 2017 in Review
33 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Peoples Bancorp of North Carolina (PEBK) for Q1 2017, worth a combined $42.6M — up 20% from $35.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PEBK positions and 7 closed out — a net gain of 3 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Castine Capital Management, opening a new position worth an estimated $5.41M. The largest seller was Banc Funds Company, exiting entirely with an estimated $2.76M sold.
- 33 institutional investors held Peoples Bancorp of North Carolina (PEBK) as of Q1 2017, down from 34 in Q4 2016.
- Funds reported $42.6M of Peoples Bancorp of North Carolina stock for Q1 2017, up 20% quarter-over-quarter.
- 10 funds opened new Peoples Bancorp of North Carolina positions in Q1 2017 and 7 closed out, a net change of +3 holders.
- The largest Peoples Bancorp of North Carolina buyer in Q1 2017 was Castine Capital Management, an estimated $5.41M added.
- The largest Peoples Bancorp of North Carolina seller in Q1 2017 was Banc Funds Company, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2017.