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Preferred Bank

208 hedge funds and large institutions have $821M invested in Preferred Bank in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 69 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 19

7% more funds holding

Funds holding: 195208 (+13)

1.96% more ownership

Funds ownership: 72%73.96% (+2%)

6% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 69

1% more capital invested

Capital invested by funds: $812M → $821M (+$9.07M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $332K

Holders
208
Holders Change
+13
Holders Change %
+6.67%
% of All Funds
3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
33
Increased
73
Reduced
69
Closed
19
Calls
Puts
$332K
Net Calls
-$332K
Net Calls Change
+$21K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$100M -$163K -2,159 -0.2%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$81.6M +$480K +6,353 +0.6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$65.8M +$311K +4,118 +0.5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$51.4M +$343K +4,539 +0.7%
State Street
5
State Street
Massachusetts
$44.6M -$1.1M -14,613 -2%
N
6
Nuveen
North Carolina
$39.7M +$622K +8,232 +2%
Boston Partners
7
Boston Partners
Massachusetts
$33.4M -$1.53M -20,242 -4%
Charles Schwab
8
Charles Schwab
California
$30.8M +$211K +2,794 +0.7%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$25.7M +$1.75M +23,129 +7%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$17.7M -$3.7M -48,881 -17%
Goldman Sachs
11
Goldman Sachs
New York
$17M +$2.98M +39,396 +21%
American Century Companies
12
American Century Companies
Missouri
$15.4M -$681K -9,012 -4%
Morgan Stanley
13
Morgan Stanley
New York
$15.3M -$823K -10,886 -5%
Northern Trust
14
Northern Trust
Illinois
$13.6M -$360K -4,767 -3%
SCA
15
Stieven Capital Advisors
Missouri
$13.4M -$952K -12,600 -7%
LSV Asset Management
16
LSV Asset Management
Illinois
$12.9M +$7.09M +93,815 +121%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$12M -$104K -1,375 -0.9%
JP Morgan Chase
18
JP Morgan Chase
New York
$11.3M -$2.08M -27,453 -15%
Invesco
19
Invesco
Georgia
$9.69M +$4.95M +65,465 +104%
Hotchkis & Wiley Capital Management
20
Hotchkis & Wiley Capital Management
California
$9.57M +$206K +2,730 +2%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$9.41M -$38.5K -509 -0.4%
MCM
22
Maltese Capital Management
New York
$9.41M +$31.7K +419 +0.3%
DIA
23
Dana Investment Advisors
Wisconsin
$7.44M +$515K +6,809 +7%
OAM
24
Oberweis Asset Management
Illinois
$7.17M
Millennium Management
25
Millennium Management
New York
$6.71M -$728K -9,627 -10%

PFBC Hedge Fund Activity: Q2 2024 in Review

208 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q2 2024, worth a combined $821M — up 1.1% from $812M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PFBC positions and 19 closed out — a net gain of 14 holders — while 73 added to existing stakes and 69 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $7.09M. The largest seller was HSBC Holdings, cutting an estimated $3.7M.

  • 208 institutional investors held Preferred Bank (PFBC) as of Q2 2024, up from 195 in Q1 2024.
  • Funds reported $821M of Preferred Bank stock for Q2 2024, up 1.1% quarter-over-quarter.
  • 33 funds opened new Preferred Bank positions in Q2 2024 and 19 closed out, a net change of +14 holders.
  • The largest Preferred Bank buyer in Q2 2024 was LSV Asset Management, an estimated $7.09M added.
  • The largest Preferred Bank seller in Q2 2024 was HSBC Holdings, an estimated $3.7M sold.

Based on aggregated 13F filings for Q2 2024.