Peapack-Gladstone Financial
PGC
114 hedge funds and large institutions have $379M invested in Peapack-Gladstone Financial in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 9 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
5% less capital invested
Capital invested by funds: $397M → $379M (-$18M)
3% less funds holding
Funds holding: 117 → 114 (-3)
3.14% less ownership
Funds ownership: 72.64% → 69.51% (-3.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
+$1.28M |
| 2 |
BlackRock
New York
|
+$1.16M |
| 3 |
Goldman Sachs
New York
|
+$1.03M |
| 4 |
Renaissance Technologies
New York
|
+$1.03M |
| 5 |
Two Sigma Investments
New York
|
+$934K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.54M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$3.6M |
| 3 |
LBS
Lawrence B. Seidman
|
-$2.2M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.94M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.94M |
PGC Hedge Fund Activity: Q3 2019 in Review
114 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2019, worth a combined $379M — down 4.5% from $397M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PGC and 6 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was Winton Group, opening a new position worth an estimated $1.28M. The largest seller was Basswood Capital Management, cutting an estimated $6.54M.
- 114 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2019, down from 117 in Q2 2019.
- Funds reported $379M of Peapack-Gladstone Financial stock for Q3 2019, down 4.5% quarter-over-quarter.
- 6 funds opened new Peapack-Gladstone Financial positions in Q3 2019 and 9 closed out, a net change of -3 holders.
- The largest Peapack-Gladstone Financial buyer in Q3 2019 was Winton Group, an estimated $1.28M added.
- The largest Peapack-Gladstone Financial seller in Q3 2019 was Basswood Capital Management, an estimated $6.54M sold.
Based on aggregated 13F filings for Q3 2019.