Peapack-Gladstone Financial
PGC
58 hedge funds and large institutions have $113M invested in Peapack-Gladstone Financial in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 8 reducing their positions, and 6 closing their positions.
338% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
58% more capital invested
Capital invested by funds: $71.9M → $113M (+$41.5M)
5% more funds holding
Funds holding: 55 → 58 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.69M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$6.43M |
| 3 |
JAM
Jacobs Asset Management
New York
|
+$3.7M |
| 4 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$3.65M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.23M |
| 2 |
FBC
Fairfield, Bush & Co
Darien,
Connecticut
|
-$68K |
| 3 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$65K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$48K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$43K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $21K | +$17.3K | +950 | +655% |
|
|
GT
52
Glenmede Trust
Philadelphia,
Pennsylvania
| $14K | – | – | – |
|
|
PSI
53
Pinnacle Summer Investments
Fairfax,
Virginia
| $10K | +$5.91K | +324 | +154% |
|
54
BlackRock
New York
| $6K | -$858 | -47 | -12% |
|
55
BNP Paribas Financial Markets
Paris,
France
| $2.22K | +$2.12K | +116 | New |
|
56
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
57
Wells Fargo
San Francisco,
California
| $2K | +$1.81K | +99 | +9,900% |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $30 | +$2.13K | +117 | +8% |
|
|
MI
59
M3F Inc
Salt Lake City,
Utah
| – | -$1.23M | -66,058 | Closed |
|
|
FBC
60
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$68K | -3,675 | Closed |
|
|
CCA
61
Catalyst Capital Advisors
Huntington,
New York
| – | -$65K | -3,500 | Closed |
|
|
RFC
62
Russell Frank Company
Seattle,
Washington
| – | -$48K | -2,599 | Closed |
|
63
Ameriprise
Minneapolis,
Minnesota
| – | -$10K | -561 | Closed |
|
64
AllianceBernstein
Nashville,
Tennessee
| – | -$6K | -300 | Closed |
|
PGC Hedge Fund Activity: Q4 2013 in Review
58 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2013, worth a combined $113M — up 58% from $71.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PGC positions and 6 closed out — a net gain of 4 holders — while 35 added to existing stakes and 8 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $6.69M. The largest seller was M3F Inc, exiting entirely with an estimated $1.23M sold.
- 58 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2013, up from 55 in Q3 2013.
- Funds reported $113M of Peapack-Gladstone Financial stock for Q4 2013, up 58% quarter-over-quarter.
- 10 funds opened new Peapack-Gladstone Financial positions in Q4 2013 and 6 closed out, a net change of +4 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2013 was Wellington Management Group, an estimated $6.69M added.
- The largest Peapack-Gladstone Financial seller in Q4 2013 was M3F Inc, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2013.