Peapack-Gladstone Financial
PGC
117 hedge funds and large institutions have $397M invested in Peapack-Gladstone Financial in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 10 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
9% more capital invested
Capital invested by funds: $365M → $397M (+$32.3M)
0.71% more ownership
Funds ownership: 71.93% → 72.64% (+0.71%)
0% more funds holding
Funds holding: 117 → 117 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$4.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$4.43M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$3.67M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.25M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$5.59M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$5.46M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.81M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$950K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$892K |
PGC Hedge Fund Activity: Q2 2019 in Review
117 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2019, worth a combined $397M — up 8.9% from $365M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PGC positions and 10 closed out — a net gain of 2 holders — while 48 added to existing stakes and 32 trimmed.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $4.6M. The largest seller was Basswood Capital Management, cutting an estimated $5.59M.
- 117 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $397M of Peapack-Gladstone Financial stock for Q2 2019, up 8.9% quarter-over-quarter.
- 12 funds opened new Peapack-Gladstone Financial positions in Q2 2019 and 10 closed out, a net change of +2 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2019 was GW&K Investment Management, an estimated $4.6M added.
- The largest Peapack-Gladstone Financial seller in Q2 2019 was Basswood Capital Management, an estimated $5.59M sold.
Based on aggregated 13F filings for Q2 2019.