Peapack-Gladstone Financial
PGC
60 hedge funds and large institutions have $113M invested in Peapack-Gladstone Financial in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
5% more funds holding
Funds holding: 57 → 60 (+3)
16% less capital invested
Capital invested by funds: $134M → $113M (-$21.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$719K |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$558K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$499K |
| 4 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$469K |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$312K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$186K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$74.2K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$51.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$50.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
51
Glenmede Trust
Philadelphia,
Pennsylvania
| $13K | – | – | – |
|
52
Wells Fargo
San Francisco,
California
| $10K | -$8.29K | -438 | -44% |
|
|
PSI
53
Pinnacle Summer Investments
Fairfax,
Virginia
| $9K | – | – | – |
|
54
Citigroup
New York
| $8K | +$6.58K | +348 | +341% |
|
55
Barclays
London,
United Kingdom
| $7K | -$14.5K | -764 | -66% |
|
56
BlackRock
New York
| $7K | – | – | – |
|
57
Ameriprise
Minneapolis,
Minnesota
| $6K | +$6.24K | +330 | New |
|
|
GSC
58
Ground Swell Capital
Folly Beach,
South Carolina
| $4K | +$3.78K | +200 | New |
|
59
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $141 | +$55.1K | +2,911 | +56% |
|
|
VFA
60
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$22K | -1,026 | Closed |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -600 | Closed |
|
62
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -300 | Closed |
|
|
CAM
63
ClariVest Asset Management
San Diego,
California
| – | +$416 | +22 | New |
|
PGC Hedge Fund Activity: Q3 2014 in Review
60 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2014, worth a combined $113M — down 16% from $134M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGC positions and 3 closed out — a net gain of 3 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $719K. The largest seller was BlackRock Fund Advisors, cutting an estimated $312K.
- 60 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2014, up from 57 in Q2 2014.
- Funds reported $113M of Peapack-Gladstone Financial stock for Q3 2014, down 16% quarter-over-quarter.
- 6 funds opened new Peapack-Gladstone Financial positions in Q3 2014 and 3 closed out, a net change of +3 holders.
- The largest Peapack-Gladstone Financial buyer in Q3 2014 was AllianceBernstein, an estimated $719K added.
- The largest Peapack-Gladstone Financial seller in Q3 2014 was BlackRock Fund Advisors, an estimated $312K sold.
Based on aggregated 13F filings for Q3 2014.