Preferred Bank
PFBC
127 hedge funds and large institutions have $736M invested in Preferred Bank in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 8 closing their positions.
3% more capital invested
Capital invested by funds: $712M → $736M (+$24.3M)
1.46% less ownership
Funds ownership: 75.53% → 74.07% (-1.5%)
2% less funds holding
Funds holding: 129 → 127 (-2)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.66M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.23M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.11M |
| 5 |
SG Americas Securities
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$5.33M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.08M |
| 3 |
Goldman Sachs
New York
|
-$2.69M |
| 4 |
JP Morgan Chase
New York
|
-$2.39M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIG
126
Kowal Investment Group
Brookfield,
Wisconsin
| $2K | +$1.84K | +30 | New |
|
|
AA
127
AlphaMark Advisors
Ft. Wright,
Kentucky
| $1K | – | – | – |
|
|
HI
128
Harbour Investments
Madison,
Wisconsin
| $1K | +$61 | +1 | +13% |
|
|
PFMOSF
129
Philadelphia Financial Management of San Francisco
San Francisco,
California
| – | -$5.33M | -84,233 | Closed |
|
|
ETC
130
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$708K | -11,195 | Closed |
|
131
California Public Employees Retirement System
Sacramento,
California
| – | -$436K | -6,890 | Closed |
|
132
ProShare Advisors
Bethesda,
Maryland
| – | -$250K | -3,946 | Closed |
|
|
6M
133
6 Meridian
Wichita,
Kansas
| – | -$217K | -3,430 | Closed |
|
|
MIM
134
Macroview Investment Management
Bethesda,
Maryland
| – | -$34K | -535 | Closed |
|
|
PAM
135
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -27 | Closed |
|
|
ASN
136
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -11 | Closed |
|
PFBC Hedge Fund Activity: Q3 2021 in Review
127 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q3 2021, worth a combined $736M — up 3.4% from $712M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PFBC and 6 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 44 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.66M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $5.33M sold.
- 127 institutional investors held Preferred Bank (PFBC) as of Q3 2021, down from 129 in Q2 2021.
- Funds reported $736M of Preferred Bank stock for Q3 2021, up 3.4% quarter-over-quarter.
- 6 funds opened new Preferred Bank positions in Q3 2021 and 8 closed out, a net change of -2 holders.
- The largest Preferred Bank buyer in Q3 2021 was Royal Bank of Canada, an estimated $1.66M added.
- The largest Preferred Bank seller in Q3 2021 was Philadelphia Financial Management of San Francisco, an estimated $5.33M sold.
Based on aggregated 13F filings for Q3 2021.