Preferred Bank
PFBC
216 hedge funds and large institutions have $882M invested in Preferred Bank in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
7% more capital invested
Capital invested by funds: $821M → $882M (+$61.4M)
4% more funds holding
Funds holding: 208 → 216 (+8)
0.73% more ownership
Funds ownership: 73.96% → 74.69% (+0.73%)
9% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 79
96% less call options, than puts
Call options by funds: $16K | Put options by funds: $401K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.29M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$5.98M |
| 3 |
Goldman Sachs
New York
|
+$5.25M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.87M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$7.17M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$5.31M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$4.78M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.66M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
226
Petrus Trust Company
Dallas,
Texas
| – | -$294K | -3,899 | Closed |
|
|
DA
227
Denali Advisors
San Diego,
California
| – | -$249K | -3,300 | Closed |
|
|
CIA
228
Capital Impact Advisors
Boston,
Massachusetts
| – | -$84.4K | -1,118 | Closed |
|
|
UFF
229
USA Financial Formulas
Ada,
Michigan
| – | -$36.1K | -478 | Closed |
|
|
CFB
230
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$5.21K | -69 | Closed |
|
|
AWM
231
Avior Wealth Management
Omaha,
Nebraska
| – | -$5.13K | -68 | Closed |
|
232
Lazard Asset Management
New York
| – | -$4K | -66 | Closed |
|
|
CA
233
Continuum Advisory
Eagle,
Idaho
| – | -$2.49K | -33 | Closed |
|
|
CAM
234
Creekmur Asset Management
Morton,
Illinois
| – | -$1.96K | -26 | Closed |
|
|
AFWM
235
Abich Financial Wealth Management
Ashburn,
Virginia
| – | -$1.02K | -13 | Closed |
|
PFBC Hedge Fund Activity: Q3 2024 in Review
216 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q3 2024, worth a combined $882M — up 7.5% from $821M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PFBC positions and 20 closed out — a net gain of 9 holders — while 72 added to existing stakes and 79 trimmed.
The largest buyer was ProShare Advisors, opening a new position worth an estimated $7.29M. The largest seller was Oberweis Asset Management, exiting entirely with an estimated $7.17M sold.
- 216 institutional investors held Preferred Bank (PFBC) as of Q3 2024, up from 208 in Q2 2024.
- Funds reported $882M of Preferred Bank stock for Q3 2024, up 7.5% quarter-over-quarter.
- 29 funds opened new Preferred Bank positions in Q3 2024 and 20 closed out, a net change of +9 holders.
- The largest Preferred Bank buyer in Q3 2024 was ProShare Advisors, an estimated $7.29M added.
- The largest Preferred Bank seller in Q3 2024 was Oberweis Asset Management, an estimated $7.17M sold.
Based on aggregated 13F filings for Q3 2024.