Preferred Bank
PFBC
95 hedge funds and large institutions have $252M invested in Preferred Bank in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 8 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 31
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more funds holding
Funds holding: 93 → 95 (+2)
3% more capital invested
Capital invested by funds: $244M → $252M (+$8.15M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.8M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.38M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.37M |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$1.16M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.11M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.05M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.37M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$2.28M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
101
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$294K | -9,313 | Closed |
|
|
PCM
102
Prelude Capital Management
New York
| – | -$57K | -1,800 | Closed |
|
103
Barclays
London,
United Kingdom
| – | -$2K | -61 | Closed |
|
PFBC Hedge Fund Activity: Q4 2015 in Review
95 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q4 2015, worth a combined $252M — up 3.3% from $244M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFBC positions and 8 closed out — a net gain of 2 holders — while 41 added to existing stakes and 31 trimmed.
The largest buyer was THB Asset Management, adding an estimated $3.8M. The largest seller was TFS Capital, exiting entirely with an estimated $3.11M sold.
- 95 institutional investors held Preferred Bank (PFBC) as of Q4 2015, up from 93 in Q3 2015.
- Funds reported $252M of Preferred Bank stock for Q4 2015, up 3.3% quarter-over-quarter.
- 10 funds opened new Preferred Bank positions in Q4 2015 and 8 closed out, a net change of +2 holders.
- The largest Preferred Bank buyer in Q4 2015 was THB Asset Management, an estimated $3.8M added.
- The largest Preferred Bank seller in Q4 2015 was TFS Capital, an estimated $3.11M sold.
Based on aggregated 13F filings for Q4 2015.