Preferred Bank
PFBC
129 hedge funds and large institutions have $712M invested in Preferred Bank in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 41 increasing their positions, 55 reducing their positions, and 10 closing their positions.
0.99% less ownership
Funds ownership: 76.52% → 75.53% (-0.99%)
2% less capital invested
Capital invested by funds: $726M → $712M (-$13.9M)
2% less funds holding
Funds holding: 132 → 129 (-3)
25% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 55
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.76M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.69M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.58M |
| 4 |
JP Morgan Chase
New York
|
+$2.63M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.05M |
| 2 |
BlackRock
New York
|
-$6.53M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.78M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.88M |
| 5 |
Goldman Sachs
New York
|
-$3.34M |
PFBC Hedge Fund Activity: Q2 2021 in Review
129 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q2 2021, worth a combined $712M — down 1.9% from $726M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PFBC and 7 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 41 added.
The largest buyer was Royce & Associates, adding an estimated $5.76M. The largest seller was Nuveen, cutting an estimated $7.05M.
- 129 institutional investors held Preferred Bank (PFBC) as of Q2 2021, down from 132 in Q1 2021.
- Funds reported $712M of Preferred Bank stock for Q2 2021, down 1.9% quarter-over-quarter.
- 7 funds opened new Preferred Bank positions in Q2 2021 and 10 closed out, a net change of -3 holders.
- The largest Preferred Bank buyer in Q2 2021 was Royce & Associates, an estimated $5.76M added.
- The largest Preferred Bank seller in Q2 2021 was Nuveen, an estimated $7.05M sold.
Based on aggregated 13F filings for Q2 2021.