Peapack-Gladstone Financial
PGC
121 hedge funds and large institutions have $415M invested in Peapack-Gladstone Financial in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
9% more capital invested
Capital invested by funds: $379M → $415M (+$35.6M)
6% more funds holding
Funds holding: 114 → 121 (+7)
0.97% more ownership
Funds ownership: 69.51% → 70.48% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.84M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.57M |
| 3 |
Morgan Stanley
New York
|
+$2.1M |
| 4 |
BlackRock
New York
|
+$1.38M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$14.7M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$4.23M |
| 3 |
Goldman Sachs
New York
|
-$2.94M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.69M |
| 5 |
LBS
Lawrence B. Seidman
|
-$1.51M |
PGC Hedge Fund Activity: Q4 2019 in Review
121 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2019, worth a combined $415M — up 9.4% from $379M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PGC positions and 7 closed out — a net gain of 7 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was EJF Capital, adding an estimated $2.84M. The largest seller was Russell Investments Group, cutting an estimated $14.7M.
- 121 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2019, up from 114 in Q3 2019.
- Funds reported $415M of Peapack-Gladstone Financial stock for Q4 2019, up 9.4% quarter-over-quarter.
- 14 funds opened new Peapack-Gladstone Financial positions in Q4 2019 and 7 closed out, a net change of +7 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2019 was EJF Capital, an estimated $2.84M added.
- The largest Peapack-Gladstone Financial seller in Q4 2019 was Russell Investments Group, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2019.