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Preferred Bank

216 hedge funds and large institutions have $882M invested in Preferred Bank in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

7% more capital invested

Capital invested by funds: $821M → $882M (+$61.4M)

4% more funds holding

Funds holding: 208216 (+8)

0.73% more ownership

Funds ownership: 73.96%74.69% (+0.73%)

9% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 79

96% less call options, than puts

Call options by funds: $16K | Put options by funds: $401K

Holders
216
Holders Change
+8
Holders Change %
+3.85%
% of All Funds
3.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
72
Reduced
79
Closed
20
Calls
$16K
Puts
$401K
Net Calls
-$385K
Net Calls Change
-$53K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$106M -$23.7K -297 -0%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$90.2M +$3.48M +43,549 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$71.3M +$1.28M +16,035 +2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$54.1M -$487K -6,094 -0.9%
State Street
5
State Street
Massachusetts
$47.6M +$187K +2,339 +0.4%
Boston Partners
6
Boston Partners
Massachusetts
$41.6M +$5.98M +74,897 +17%
N
7
Nuveen
North Carolina
$37.5M -$4.66M -58,294 -11%
Charles Schwab
8
Charles Schwab
California
$33.4M +$566K +7,086 +2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$28.3M +$981K +12,283 +4%
Goldman Sachs
10
Goldman Sachs
New York
$23.4M +$5.25M +65,718 +29%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$18.9M +$115K +1,444 +0.6%
Morgan Stanley
12
Morgan Stanley
New York
$18M +$1.66M +20,753 +10%
JP Morgan Chase
13
JP Morgan Chase
New York
$14.9M +$2.87M +35,979 +24%
Northern Trust
14
Northern Trust
Illinois
$14.1M -$342K -4,285 -2%
LSV Asset Management
15
LSV Asset Management
Illinois
$13.4M -$327K -4,097 -2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$12M -$846K -10,589 -7%
Invesco
17
Invesco
Georgia
$11.1M +$835K +10,448 +8%
American Century Companies
18
American Century Companies
Missouri
$11.1M -$5.31M -66,492 -33%
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$9.69M -$487K -6,100 -5%
SCA
20
Stieven Capital Advisors
Missouri
$9.44M -$4.78M -59,814 -34%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$9.4M -$598K -7,481 -6%
Millennium Management
22
Millennium Management
New York
$9.21M +$2.07M +25,852 +29%
AQR Capital Management
23
AQR Capital Management
Connecticut
$7.85M +$1.61M +20,117 +26%
ProShare Advisors
24
ProShare Advisors
Maryland
$7.33M +$7.29M +91,279 New
DIA
25
Dana Investment Advisors
Wisconsin
$7.17M -$738K -9,233 -9%

PFBC Hedge Fund Activity: Q3 2024 in Review

216 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Preferred Bank (PFBC) for Q3 2024, worth a combined $882M — up 7.5% from $821M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PFBC positions and 20 closed out — a net gain of 9 holders — while 72 added to existing stakes and 79 trimmed.

The largest buyer was ProShare Advisors, opening a new position worth an estimated $7.29M. The largest seller was Oberweis Asset Management, exiting entirely with an estimated $7.17M sold.

  • 216 institutional investors held Preferred Bank (PFBC) as of Q3 2024, up from 208 in Q2 2024.
  • Funds reported $882M of Preferred Bank stock for Q3 2024, up 7.5% quarter-over-quarter.
  • 29 funds opened new Preferred Bank positions in Q3 2024 and 20 closed out, a net change of +9 holders.
  • The largest Preferred Bank buyer in Q3 2024 was ProShare Advisors, an estimated $7.29M added.
  • The largest Preferred Bank seller in Q3 2024 was Oberweis Asset Management, an estimated $7.17M sold.

Based on aggregated 13F filings for Q3 2024.