Preferred Bank
PFBC
128 hedge funds and large institutions have $498M invested in Preferred Bank in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 6 closing their positions.
432% more call options, than puts
Call options by funds: $3.96M | Put options by funds: $744K
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
72.03% more ownership
Funds ownership: 0% → 72.03% (+72%)
59% more capital invested
Capital invested by funds: $313M → $498M (+$185M)
37% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 38
20% more funds holding
Funds holding: 107 → 128 (+21)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
Top Sellers
PFBC Hedge Fund Activity: Q4 2016 in Review
128 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q4 2016, worth a combined $498M — up 59% from $313M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PFBC positions and 6 closed out — a net gain of 23 holders — while 52 added to existing stakes and 38 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $5.55M. The largest seller was Basswood Capital Management, cutting an estimated $9.11M.
- 128 institutional investors held Preferred Bank (PFBC) as of Q4 2016, up from 107 in Q3 2016.
- Funds reported $498M of Preferred Bank stock for Q4 2016, up 59% quarter-over-quarter.
- 29 funds opened new Preferred Bank positions in Q4 2016 and 6 closed out, a net change of +23 holders.
- The largest Preferred Bank buyer in Q4 2016 was Driehaus Capital Management, an estimated $5.55M added.
- The largest Preferred Bank seller in Q4 2016 was Basswood Capital Management, an estimated $9.11M sold.
Based on aggregated 13F filings for Q4 2016.