Peoples Bancorp of North Carolina
PEBK
45 hedge funds and large institutions have $65.2M invested in Peoples Bancorp of North Carolina in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 6 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
22% more funds holding
Funds holding: 37 → 45 (+8)
14% more capital invested
Capital invested by funds: $57.1M → $65.2M (+$8.07M)
4.63% more ownership
Funds ownership: 37.56% → 42.2% (+4.6%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.88M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.63M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.07M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$663K |
| 5 |
Goldman Sachs
New York
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$3.51M |
| 2 |
Millennium Management
New York
|
-$1.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$880K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$312K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$279K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4 | -143 | Closed |
|
PEBK Hedge Fund Activity: Q2 2024 in Review
45 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Peoples Bancorp of North Carolina (PEBK) for Q2 2024, worth a combined $65.2M — up 14% from $57.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PEBK positions and 6 closed out — a net gain of 8 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, adding an estimated $5.88M. The largest seller was Fourthstone LLC, cutting an estimated $3.51M.
- 45 institutional investors held Peoples Bancorp of North Carolina (PEBK) as of Q2 2024, up from 37 in Q1 2024.
- Funds reported $65.2M of Peoples Bancorp of North Carolina stock for Q2 2024, up 14% quarter-over-quarter.
- 14 funds opened new Peoples Bancorp of North Carolina positions in Q2 2024 and 6 closed out, a net change of +8 holders.
- The largest Peoples Bancorp of North Carolina buyer in Q2 2024 was BlackRock, an estimated $5.88M added.
- The largest Peoples Bancorp of North Carolina seller in Q2 2024 was Fourthstone LLC, an estimated $3.51M sold.
Based on aggregated 13F filings for Q2 2024.