Peapack-Gladstone Financial
PGC
122 hedge funds and large institutions have $466M invested in Peapack-Gladstone Financial in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 50 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
11% more funds holding
Funds holding: 110 → 122 (+12)
2.24% more ownership
Funds ownership: 71.44% → 73.68% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $471M → $466M (-$4.19M)
32% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$4.46M |
| 2 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$3.4M |
| 3 |
Millennium Management
New York
|
+$2.47M |
| 4 |
Goldman Sachs
New York
|
+$2.01M |
| 5 |
JP Morgan Chase
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$10.6M |
| 2 |
Renaissance Technologies
New York
|
-$2.77M |
| 3 |
BlackRock
New York
|
-$2.33M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.54M |
| 5 |
GCM
Gator Capital Management
Tampa,
Florida
|
-$898K |
PGC Hedge Fund Activity: Q1 2022 in Review
122 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2022, worth a combined $466M — down 0.89% from $471M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PGC positions and 5 closed out — a net gain of 12 holders — while 34 added to existing stakes and 50 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $4.46M. The largest seller was Basswood Capital Management, cutting an estimated $10.6M.
- 122 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2022, up from 110 in Q4 2021.
- Funds reported $466M of Peapack-Gladstone Financial stock for Q1 2022, down 0.89% quarter-over-quarter.
- 17 funds opened new Peapack-Gladstone Financial positions in Q1 2022 and 5 closed out, a net change of +12 holders.
- The largest Peapack-Gladstone Financial buyer in Q1 2022 was Elizabeth Park Capital Advisors, an estimated $4.46M added.
- The largest Peapack-Gladstone Financial seller in Q1 2022 was Basswood Capital Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2022.