Peoples Financial Services
PFIS
55 hedge funds and large institutions have $80.5M invested in Peoples Financial Services in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 4 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
5% more capital invested
Capital invested by funds: $76.7M → $80.5M (+$3.81M)
0.25% more ownership
Funds ownership: 24.44% → 24.69% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 56 → 55 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.83M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$643K |
| 3 |
BlackRock
New York
|
+$396K |
| 4 |
Renaissance Technologies
New York
|
+$264K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$391K |
| 3 |
Bank of New York Mellon
New York
|
-$342K |
| 4 |
State Street
Boston,
Massachusetts
|
-$297K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $10.1K | -$764 | -18 | -7% |
|
|
APC
52
Aspire Private Capital
Cornelius,
North Carolina
| $10K | +$9.98K | +235 | New |
|
53
Barclays
London,
United Kingdom
| $9K | -$113K | -2,665 | -93% |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | -$127 | -3 | -3% |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | +$2.04K | +48 | +102% |
|
|
KCM
56
Kennedy Capital Management
St Louis,
Missouri
| – | -$1.71M | -40,275 | Closed |
|
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$391K | -9,228 | Closed |
|
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$296K | -6,989 | Closed |
|
|
SPIA
59
Steward Partners Investment Advisory
New York
| – | -$21K | -500 | Closed |
|
PFIS Hedge Fund Activity: Q4 2018 in Review
55 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Peoples Financial Services (PFIS) for Q4 2018, worth a combined $80.5M — up 5% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PFIS and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 23 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $1.83M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.71M sold.
- 55 institutional investors held Peoples Financial Services (PFIS) as of Q4 2018, down from 56 in Q3 2018.
- Funds reported $80.5M of Peoples Financial Services stock for Q4 2018, up 5% quarter-over-quarter.
- 3 funds opened new Peoples Financial Services positions in Q4 2018 and 4 closed out, a net change of -1 holder.
- The largest Peoples Financial Services buyer in Q4 2018 was Bridgeway Capital Management, an estimated $1.83M added.
- The largest Peoples Financial Services seller in Q4 2018 was Kennedy Capital Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2018.