Preferred Bank
PFBC
70 hedge funds and large institutions have $157M invested in Preferred Bank in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 31 reducing their positions, and 9 closing their positions.
68% more capital inflows, than outflows
Capital inflows: $7.36M | Capital outflows: $4.38M
0.98% more ownership
Funds ownership: 51.93% → 52.91% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 75 → 70 (-5)
35% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 31
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.77M |
| 2 |
Basswood Capital Management
New York
|
+$2.41M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$639K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$273K |
| 5 |
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$807K |
| 2 |
JP Morgan Chase
New York
|
-$688K |
| 3 |
GSA Capital Partners
London,
United Kingdom
|
-$427K |
| 4 |
Blackthorn Investment Group
Overland Park,
Kansas
|
-$402K |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
-$291K |
PFBC Hedge Fund Activity: Q3 2014 in Review
70 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q3 2014, worth a combined $157M — down 2.9% from $162M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PFBC and 4 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 20 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $2.77M. The largest seller was Citadel Advisors, exiting entirely with an estimated $807K sold.
- 70 institutional investors held Preferred Bank (PFBC) as of Q3 2014, down from 75 in Q2 2014.
- Funds reported $157M of Preferred Bank stock for Q3 2014, down 2.9% quarter-over-quarter.
- 4 funds opened new Preferred Bank positions in Q3 2014 and 9 closed out, a net change of -5 holders.
- The largest Preferred Bank buyer in Q3 2014 was T. Rowe Price Associates, an estimated $2.77M added.
- The largest Preferred Bank seller in Q3 2014 was Citadel Advisors, an estimated $807K sold.
Based on aggregated 13F filings for Q3 2014.