Peapack-Gladstone Financial
PGC
95 hedge funds and large institutions have $348M invested in Peapack-Gladstone Financial in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 27 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
66.48% more ownership
Funds ownership: 0% → 66.48% (+66%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more capital invested
Capital invested by funds: $236M → $348M (+$112M)
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
16% more funds holding
Funds holding: 82 → 95 (+13)
85% less call options, than puts
Call options by funds: $25K | Put options by funds: $164K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.25M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.01M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$1.81M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$1.33M |
| 5 |
Morgan Stanley
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.37M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$1.33M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.16M |
| 4 |
Renaissance Technologies
New York
|
-$971K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$969K |
PGC Hedge Fund Activity: Q4 2016 in Review
95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2016, worth a combined $348M — up 48% from $236M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PGC positions and 4 closed out — a net gain of 14 holders — while 36 added to existing stakes and 27 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.25M. The largest seller was Royce & Associates, cutting an estimated $1.37M.
- 95 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2016, up from 82 in Q3 2016.
- Funds reported $348M of Peapack-Gladstone Financial stock for Q4 2016, up 48% quarter-over-quarter.
- 18 funds opened new Peapack-Gladstone Financial positions in Q4 2016 and 4 closed out, a net change of +14 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2016 was Vanguard Group, an estimated $2.25M added.
- The largest Peapack-Gladstone Financial seller in Q4 2016 was Royce & Associates, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2016.