Preferred Bank
PFBC
137 hedge funds and large institutions have $552M invested in Preferred Bank in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 17 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
5% more capital invested
Capital invested by funds: $525M → $552M (+$27.4M)
0.11% more ownership
Funds ownership: 88.44% → 88.55% (+0.11%)
6% less funds holding
Funds holding: 146 → 137 (-9)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Matarin Capital Management
New York
|
+$4.88M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.99M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$3.36M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.33M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$5.81M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3.15M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.72M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.66M |
| 5 |
JC
JCSD Capital
Walnut Creek,
California
|
-$2.3M |
PFBC Hedge Fund Activity: Q2 2019 in Review
137 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q2 2019, worth a combined $552M — up 5.2% from $525M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PFBC and 10 opened new positions — a net loss of 7 holders — while 48 trimmed existing stakes and 61 added.
The largest buyer was Matarin Capital Management, adding an estimated $4.88M. The largest seller was Rothschild & Co Asset Management US, exiting entirely with an estimated $5.81M sold.
- 137 institutional investors held Preferred Bank (PFBC) as of Q2 2019, down from 146 in Q1 2019.
- Funds reported $552M of Preferred Bank stock for Q2 2019, up 5.2% quarter-over-quarter.
- 10 funds opened new Preferred Bank positions in Q2 2019 and 17 closed out, a net change of -7 holders.
- The largest Preferred Bank buyer in Q2 2019 was Matarin Capital Management, an estimated $4.88M added.
- The largest Preferred Bank seller in Q2 2019 was Rothschild & Co Asset Management US, an estimated $5.81M sold.
Based on aggregated 13F filings for Q2 2019.