Preferred Bank
PFBC
79 hedge funds and large institutions have $200M invested in Preferred Bank in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
3% more funds holding
Funds holding: 77 → 79 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $200M → $200M (-$7.45K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$1.5M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$1.26M |
| 3 |
JP Morgan Chase
New York
|
+$1.08M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$856K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$605K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$566K |
| 5 |
BCM
Basswood Capital Management
New York
|
-$369K |
PFBC Hedge Fund Activity: Q1 2015 in Review
79 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q1 2015, worth a combined $200M — down 0% from $200M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFBC positions and 5 closed out — a net gain of 2 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was Prudential Financial, adding an estimated $1.5M. The largest seller was Stifel Financial, exiting entirely with an estimated $1.33M sold.
- 79 institutional investors held Preferred Bank (PFBC) as of Q1 2015, up from 77 in Q4 2014.
- Funds reported $200M of Preferred Bank stock for Q1 2015, down 0% quarter-over-quarter.
- 7 funds opened new Preferred Bank positions in Q1 2015 and 5 closed out, a net change of +2 holders.
- The largest Preferred Bank buyer in Q1 2015 was Prudential Financial, an estimated $1.5M added.
- The largest Preferred Bank seller in Q1 2015 was Stifel Financial, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2015.