Preferred Bank

PFBC

Market cap $1.27B

PFBC Hedge Fund Activity: Q1 2016 in Review

99 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q1 2016, worth a combined $234M — down 7.2% from $252M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFBC positions and 11 closed out — a net gain of 4 holders — while 37 added to existing stakes and 31 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $6.94M. The largest seller was THB Asset Management, cutting an estimated $4.05M.

• 99 institutional investors held Preferred Bank (PFBC) as of Q1 2016, up from 95 in Q4 2015.
• Funds reported $234M of Preferred Bank stock for Q1 2016, down 7.2% quarter-over-quarter.
• 15 funds opened new Preferred Bank positions in Q1 2016 and 11 closed out, a net change of +4 holders.
• The largest Preferred Bank buyer in Q1 2016 was Fidelity Investments, an estimated $6.94M added.
• The largest Preferred Bank seller in Q1 2016 was THB Asset Management, an estimated $4.05M sold.

Based on aggregated 13F filings for Q1 2016.