Preferred Bank
PFBC
163 hedge funds and large institutions have $828M invested in Preferred Bank in 2022 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 62 reducing their positions, and 11 closing their positions.
164% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more funds holding
Funds holding: 145 → 163 (+18)
1.05% more ownership
Funds ownership: 73.96% → 75.01% (+1%)
5% more capital invested
Capital invested by funds: $791M → $828M (+$36.9M)
29% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.06M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.87M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.43M |
| 4 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$3M |
| 5 |
Millennium Management
New York
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.57M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.73M |
| 3 |
Renaissance Technologies
New York
|
-$3.04M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$2.99M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.89M |
PFBC Hedge Fund Activity: Q1 2022 in Review
163 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q1 2022, worth a combined $828M — up 4.7% from $791M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PFBC positions and 11 closed out — a net gain of 18 holders — while 44 added to existing stakes and 62 trimmed.
The largest buyer was Invesco, adding an estimated $8.06M. The largest seller was Ameriprise, cutting an estimated $5.57M.
- 163 institutional investors held Preferred Bank (PFBC) as of Q1 2022, up from 145 in Q4 2021.
- Funds reported $828M of Preferred Bank stock for Q1 2022, up 4.7% quarter-over-quarter.
- 29 funds opened new Preferred Bank positions in Q1 2022 and 11 closed out, a net change of +18 holders.
- The largest Preferred Bank buyer in Q1 2022 was Invesco, an estimated $8.06M added.
- The largest Preferred Bank seller in Q1 2022 was Ameriprise, an estimated $5.57M sold.
Based on aggregated 13F filings for Q1 2022.