Peapack-Gladstone Financial
PGC
106 hedge funds and large institutions have $378M invested in Peapack-Gladstone Financial in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 17 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
171% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 17
18% more funds holding
Funds holding: 90 → 106 (+16)
10% more capital invested
Capital invested by funds: $343M → $378M (+$35.2M)
2.72% more ownership
Funds ownership: 65.99% → 68.71% (+2.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$7.05M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$7.02M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.28M |
| 4 |
Millennium Management
New York
|
+$3.85M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$17M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$15.3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.53M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$562K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$417K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
101
Meeder Asset Management
Dublin,
Ohio
| $10K | +$9.51K | +310 | New |
|
102
Barclays
London,
United Kingdom
| $7K | +$5.34K | +174 | +242% |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| $3K | +$2.55K | +83 | +488% |
|
|
QCG
105
Quadrant Capital Group
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
PA
106
Parallel Advisors
San Francisco,
California
| $1K | +$1.1K | +36 | New |
|
|
PFP
107
Patriot Financial Partners
Radnor,
Pennsylvania
| – | -$17M | -574,711 | Closed |
|
|
EC
108
EJF Capital
Arlington,
Virginia
| – | -$15.3M | -518,254 | Closed |
|
|
109
LSV Asset Management
Chicago,
Illinois
| – | -$1.53M | -51,800 | Closed |
|
|
SCA
110
Secor Capital Advisors
New York
| – | -$218K | -7,367 | Closed |
|
111
SG Americas Securities
New York
| – | -$140K | -4,722 | Closed |
|
PGC Hedge Fund Activity: Q2 2017 in Review
106 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2017, worth a combined $378M — up 10% from $343M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PGC positions and 5 closed out — a net gain of 16 holders — while 46 added to existing stakes and 17 trimmed.
The largest buyer was Mendon Capital Advisors, opening a new position worth an estimated $7.05M. The largest seller was Patriot Financial Partners, exiting entirely with an estimated $17M sold.
- 106 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2017, up from 90 in Q1 2017.
- Funds reported $378M of Peapack-Gladstone Financial stock for Q2 2017, up 10% quarter-over-quarter.
- 21 funds opened new Peapack-Gladstone Financial positions in Q2 2017 and 5 closed out, a net change of +16 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2017 was Mendon Capital Advisors, an estimated $7.05M added.
- The largest Peapack-Gladstone Financial seller in Q2 2017 was Patriot Financial Partners, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2017.