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Peapack-Gladstone Financial
PGC

105 hedge funds and large institutions have $440M invested in Peapack-Gladstone Financial in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $412M → $440M (+$27.8M)

0.37% more ownership

Funds ownership: 69.63% → 70% (+0.37%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

3% less funds holding

Funds holding: 108 → 105 (-3)

24% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 41

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
105
Holders Change
-3
Holders Change %
-2.78%
% of All Funds
1.84%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
5
Increased
31
Reduced
41
Closed
7
Calls
$3K
Puts
–
Net Calls
+$3K
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
Basswood Capital Management
New York
+$11.9M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$2.54M
3
Goldman Sachs
Goldman Sachs
New York
+$1.17M
4
GI
GAMCO Investors
Connecticut
+$409K
5
SG Americas Securities
SG Americas Securities
New York
+$383K

Top Sellers

Rank Fund Capital Flow
1
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Illinois
-$6.42M
2
BFC
Banc Funds Company
Illinois
-$4M
3
ERWM
Elk River Wealth Management
Colorado
-$1.25M
4
Man Group
Man Group
United Kingdom
-$864K
5
PGFC
Peapack-Gladstone Financial Corp
New Jersey
-$851K
Name Holding Trade Value Shares
Change 		Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$939K +$26.5K +825 +3%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$839K -$2.45K -76 -0.3%
SO
53
STRS Ohio
Ohio
$830K -$38.6K -1,200 -5%
CC
54
Cannell & Co
New York
$794K – – –
Citadel Advisors
55
Citadel Advisors
Florida
$717K -$323K -10,050 -32%
VOYA Investment Management
56
VOYA Investment Management
Georgia
$679K +$11.7K +365 +2%
CIC
57
Cornercap Investment Counsel
Georgia
$650K +$15K +465 +2%
ERWM
58
Elk River Wealth Management
Colorado
$634K -$1.25M -38,774 -67%
Los Angeles Capital Management
59
Los Angeles Capital Management
California
$619K -$66K -2,050 -10%
IA
60
IndexIQ Advisors
New York
$486K +$47K +1,459 +11%
Bank of America
61
Bank of America
North Carolina
$450K -$60.2K -1,871 -12%
Deutsche Bank
62
Deutsche Bank
Germany
$449K -$14.6K -454 -3%
New York State Common Retirement Fund
63
New York State Common Retirement Fund
New York
$442K -$106K -3,306 -20%
TCA
64
Transcend Capital Advisors
New Jersey
$440K – – –
Morgan Stanley
65
Morgan Stanley
New York
$428K +$262K +8,142 +174%
CS
66
Credit Suisse
Switzerland
$426K +$55.9K +1,738 +16%
SEI Investments
67
SEI Investments
Pennsylvania
$397K – – –
SG Americas Securities
68
SG Americas Securities
New York
$397K +$383K +11,900 New
Two Sigma Advisers
69
Two Sigma Advisers
New York
$358K -$129K -4,000 -27%
AC
70
Addison Capital
Pennsylvania
$350K – – –
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$345K -$42.3K -1,314 -11%
UBS AM
72
UBS AM
Illinois
$341K – – –
Natixis Advisors
73
Natixis Advisors
Massachusetts
$339K – – –
Millennium Management
74
Millennium Management
New York
$339K +$327K +10,167 New
AIG
75
American International Group
New York
$331K -$11.1K -346 -3%
1 2
3
4 5

PGC Hedge Fund Activity: Q3 2021 in Review

105 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2021, worth a combined $440M — up 6.7% from $412M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PGC and 5 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 31 added.

The largest buyer was Basswood Capital Management, opening a new position worth an estimated $11.9M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $6.42M sold.

  • 105 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2021, down from 108 in Q2 2021.
  • Funds reported $440M of Peapack-Gladstone Financial stock for Q3 2021, up 6.7% quarter-over-quarter.
  • 5 funds opened new Peapack-Gladstone Financial positions in Q3 2021 and 7 closed out, a net change of -2 holders.
  • The largest Peapack-Gladstone Financial buyer in Q3 2021 was Basswood Capital Management, an estimated $11.9M added.
  • The largest Peapack-Gladstone Financial seller in Q3 2021 was Mesirow Financial Investment Management - Fixed Income, an estimated $6.42M sold.

Based on aggregated 13F filings for Q3 2021.