Peapack-Gladstone Financial
PGC
79 hedge funds and large institutions have $190M invested in Peapack-Gladstone Financial in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
12% more capital invested
Capital invested by funds: $169M → $190M (+$21M)
1% more funds holding
Funds holding: 78 → 79 (+1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $441K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$9.83M |
| 2 |
SM
Salzhauer Michael
|
+$2.07M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$360K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$328K |
| 5 |
LBS
Lawrence B. Seidman
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$6.22M |
| 2 |
Millennium Management
New York
|
-$1.33M |
| 3 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$648K |
| 4 |
Two Sigma Investments
New York
|
-$475K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
76
Tower Research Capital (TRC)
New York
| $30K | -$8.74K | -475 | -22% |
|
77
Fuller & Thaler Asset Management
San Mateo,
California
| $13K | +$12.9K | +700 | New |
|
78
BNP Paribas Financial Markets
Paris,
France
| $11.2K | +$11.1K | +603 | New |
|
79
Federated Hermes
Pittsburgh,
Pennsylvania
| $2K | +$2.32K | +126 | New |
|
|
SCA
80
Stieven Capital Advisors
St. Louis,
Missouri
| – | -$6.22M | -368,348 | Closed |
|
|
WC
81
Weatherbie Capital
Boston,
Massachusetts
| – | -$648K | -38,320 | Closed |
|
82
Citadel Advisors
Miami,
Florida
| – | -$422K | -24,991 | Closed |
|
83
AQR Capital Management
Greenwich,
Connecticut
| – | -$343K | -20,302 | Closed |
|
|
DTL
84
Dynamic Technology Lab
Singapore
| – | -$231K | -13,679 | Closed |
|
|
TC
85
TFS Capital
West Chester,
Pennsylvania
| – | -$201K | -11,919 | Closed |
|
|
VIA
86
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$59K | -3,515 | Closed |
|
|
HCM
87
Highlander Capital Management
Short Hills,
New Jersey
| – | -$17K | -1,000 | Closed |
|
PGC Hedge Fund Activity: Q2 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2016, worth a combined $190M — up 12% from $169M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PGC positions and 8 closed out — a net gain of 2 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $9.83M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $6.22M sold.
- 79 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2016, up from 78 in Q1 2016.
- Funds reported $190M of Peapack-Gladstone Financial stock for Q2 2016, up 12% quarter-over-quarter.
- 10 funds opened new Peapack-Gladstone Financial positions in Q2 2016 and 8 closed out, a net change of +2 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2016 was Basswood Capital Management, an estimated $9.83M added.
- The largest Peapack-Gladstone Financial seller in Q2 2016 was Stieven Capital Advisors, an estimated $6.22M sold.
Based on aggregated 13F filings for Q2 2016.