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Preferred Bank

208 hedge funds and large institutions have $821M invested in Preferred Bank in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 69 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 19

7% more funds holding

Funds holding: 195208 (+13)

1.96% more ownership

Funds ownership: 72%73.96% (+2%)

6% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 69

1% more capital invested

Capital invested by funds: $812M → $821M (+$9.07M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $332K

Holders
208
Holders Change
+13
Holders Change %
+6.67%
% of All Funds
3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
33
Increased
73
Reduced
69
Closed
19
Calls
Puts
$332K
Net Calls
-$332K
Net Calls Change
+$21K
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
126
Truist Financial
North Carolina
$370K
TRSOTSOK
127
Teachers Retirement System of the State of Kentucky
Kentucky
$359K
BHCM
128
Brevan Howard Capital Management
Jersey
$354K +$355K +4,691 New
AA
129
ALPS Advisors
Colorado
$354K -$1.97K -26 -0.6%
VOYA Investment Management
130
VOYA Investment Management
Georgia
$332K -$7.56K -100 -2%
Bank of Montreal
131
Bank of Montreal
Ontario, Canada
$325K +$324K +4,280 New
MSRPS
132
Maryland State Retirement & Pension System
Maryland
$324K -$18.6K -246 -5%
MHI
133
Miller Howard Investments
New York
$303K +$5.22K +69 +2%
SBIA
134
Sheaff Brock Investment Advisors
Indiana
$302K
Citadel Advisors
135
Citadel Advisors
Florida
$299K +$289K +3,823 +2,711%
SFA
136
Sequoia Financial Advisors
Ohio
$297K -$4.31K -57 -1%
PTC
137
Petrus Trust Company
Texas
$294K
AB
138
Amalgamated Bank
New York
$284K -$2.65K -35 -0.9%
ASRS
139
Arizona State Retirement System
Arizona
$273K +$5.07K +67 +2%
MYIA
140
Mount Yale Investment Advisors
Colorado
$255K -$3.93K -52 -2%
DA
141
Denali Advisors
California
$249K +$249K +3,300 New
SC
142
Savant Capital
Illinois
$239K +$239K +3,168 New
XT
143
XTX Topco
Cayman Islands
$229K +$229K +3,027 New
QT
144
Quantbot Technologies
New York
$227K +$212K +2,803 +1,388%
OPERF
145
Oregon Public Employees Retirement Fund
Oregon
$224K -$30.2K -400 -12%
Mariner
146
Mariner
Kansas
$218K +$218K +2,890 New
COPPSERS
147
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$200K -$3.78K -50 -2%
Ohio Public Employees Retirement System (OPERS)
148
Ohio Public Employees Retirement System (OPERS)
Ohio
$193K -$284K -3,753 -59%
PMAM
149
Picton Mahoney Asset Management
Ontario, Canada
$161K +$162K +2,137 New
Zurich Cantonal Bank
150
Zurich Cantonal Bank
Switzerland
$150K

PFBC Hedge Fund Activity: Q2 2024 in Review

208 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q2 2024, worth a combined $821M — up 1.1% from $812M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PFBC positions and 19 closed out — a net gain of 14 holders — while 73 added to existing stakes and 69 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $7.09M. The largest seller was HSBC Holdings, cutting an estimated $3.7M.

  • 208 institutional investors held Preferred Bank (PFBC) as of Q2 2024, up from 195 in Q1 2024.
  • Funds reported $821M of Preferred Bank stock for Q2 2024, up 1.1% quarter-over-quarter.
  • 33 funds opened new Preferred Bank positions in Q2 2024 and 19 closed out, a net change of +14 holders.
  • The largest Preferred Bank buyer in Q2 2024 was LSV Asset Management, an estimated $7.09M added.
  • The largest Preferred Bank seller in Q2 2024 was HSBC Holdings, an estimated $3.7M sold.

Based on aggregated 13F filings for Q2 2024.