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Preferred Bank

86 hedge funds and large institutions have $222M invested in Preferred Bank in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

50% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 26

11% more capital invested

Capital invested by funds: $200M → $222M (+$21.8M)

9% more funds holding

Funds holding: 7986 (+7)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
86
Holders Change
+7
Holders Change %
+8.86%
% of All Funds
2.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
39
Reduced
26
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SO
51
STRS Ohio
Ohio
$438K +$28.6K +1,000 +7%
AAM
52
Advisors Asset Management
Colorado
$436K +$115K +4,019 +38%
Millennium Management
53
Millennium Management
New York
$422K +$14.2K +498 +4%
New York State Common Retirement Fund
54
New York State Common Retirement Fund
New York
$404K +$384K +13,447 New
PPA
55
Parametric Portfolio Associates
Washington
$397K +$7.6K +266 +2%
CEP
56
Chicago Equity Partners
Illinois
$375K +$72.3K +2,530 +25%
RFC
57
Russell Frank Company
Washington
$370K +$26.4K +923 +8%
Bank of Montreal
58
Bank of Montreal
Ontario, Canada
$367K +$20.5K +717 +6%
OSAM
59
O'Shaughnessy Asset Management
Connecticut
$357K -$1.92K -67 -0.6%
MLICM
60
Metropolitan Life Insurance Company (MetLife)
New York
$296K -$13K -455 -4%
AQR Capital Management
61
AQR Capital Management
Connecticut
$273K +$259K +9,077 New
PP
62
PDT Partners
New York
$271K +$257K +9,002 New
Wells Fargo
63
Wells Fargo
California
$262K +$149K +5,210 +148%
BA
64
BlackRock Advisors
Delaware
$259K +$11.6K +406 +5%
NCCM
65
Nine Chapters Capital Management
New Jersey
$243K +$232K +8,100 New
GCP
66
GSA Capital Partners
United Kingdom
$210K -$14.3K -500 -7%
AIG
67
American International Group
New York
$206K -$15.2K -531 -7%
Invesco
68
Invesco
Georgia
$185K -$30.2K -1,055 -15%
CAM
69
ClariVest Asset Management
California
$149K
BGIM
70
Brandywine Global Investment Management
Pennsylvania
$134K
Citigroup
71
Citigroup
New York
$72K +$1.89K +66 +3%
FQ
72
First Quadrant
California
$69K +$20K +700 +44%
Legal & General Group
73
Legal & General Group
United Kingdom
$59K
MOACM
74
Mutual of America Capital Management
New York
$54K +$9.29K +325 +22%
Royal Bank of Canada
75
Royal Bank of Canada
Ontario, Canada
$30K +$20.5K +716 +286%

PFBC Hedge Fund Activity: Q2 2015 in Review

86 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q2 2015, worth a combined $222M — up 11% from $200M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PFBC positions and 2 closed out — a net gain of 7 holders — while 39 added to existing stakes and 26 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $1.93M. The largest seller was Basswood Capital Management, cutting an estimated $2.76M.

  • 86 institutional investors held Preferred Bank (PFBC) as of Q2 2015, up from 79 in Q1 2015.
  • Funds reported $222M of Preferred Bank stock for Q2 2015, up 11% quarter-over-quarter.
  • 9 funds opened new Preferred Bank positions in Q2 2015 and 2 closed out, a net change of +7 holders.
  • The largest Preferred Bank buyer in Q2 2015 was Allianz Asset Management, an estimated $1.93M added.
  • The largest Preferred Bank seller in Q2 2015 was Basswood Capital Management, an estimated $2.76M sold.

Based on aggregated 13F filings for Q2 2015.