Preferred Bank
PFBC
177 hedge funds and large institutions have $787M invested in Preferred Bank in 2022 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 61 reducing their positions, and 6 closing their positions.
720% more call options, than puts
Call options by funds: $246K | Put options by funds: $30K
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
13% more funds holding
Funds holding: 156 → 177 (+21)
12% more capital invested
Capital invested by funds: $700M → $787M (+$87M)
2.98% more ownership
Funds ownership: 71.95% → 74.93% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.1M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$14.4M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$4.56M |
| 4 |
Morgan Stanley
New York
|
+$3.48M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.15M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.05M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$3.92M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
176
Everence Capital Management
Goshen,
Indiana
| $217 | +$212K | +2,910 | New |
|
|
SWA
177
Sutton Wealth Advisors
Tampa,
Florida
| $75 | – | – | – |
|
|
BCM
178
Bridgeway Capital Management
Houston,
Texas
| – | -$2.02M | -31,000 | Closed |
|
179
LSV Asset Management
Chicago,
Illinois
| – | -$659K | -10,100 | Closed |
|
|
GCP
180
GSA Capital Partners
London,
United Kingdom
| – | -$414K | -6,340 | Closed |
|
181
Tudor Investment Corp
Stamford,
Connecticut
| – | -$218K | -3,349 | Closed |
|
|
PHK
182
Point72 Hong Kong
Hong Kong
| – | -$55K | -845 | Closed |
|
|
MAM
183
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -27 | Closed |
|
PFBC Hedge Fund Activity: Q4 2022 in Review
177 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q4 2022, worth a combined $787M — up 12% from $700M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PFBC positions and 6 closed out — a net gain of 23 holders — while 59 added to existing stakes and 61 trimmed.
The largest buyer was Millennium Management, adding an estimated $18.1M. The largest seller was Putnam Investments, cutting an estimated $4.4M.
- 177 institutional investors held Preferred Bank (PFBC) as of Q4 2022, up from 156 in Q3 2022.
- Funds reported $787M of Preferred Bank stock for Q4 2022, up 12% quarter-over-quarter.
- 29 funds opened new Preferred Bank positions in Q4 2022 and 6 closed out, a net change of +23 holders.
- The largest Preferred Bank buyer in Q4 2022 was Millennium Management, an estimated $18.1M added.
- The largest Preferred Bank seller in Q4 2022 was Putnam Investments, an estimated $4.4M sold.
Based on aggregated 13F filings for Q4 2022.