Peapack-Gladstone Financial
PGC
105 hedge funds and large institutions have $440M invested in Peapack-Gladstone Financial in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 7 closing their positions.
7% more capital invested
Capital invested by funds: $412M → $440M (+$27.8M)
0.37% more ownership
Funds ownership: 69.63% → 70% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 108 → 105 (-3)
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$11.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.54M |
| 3 |
Goldman Sachs
New York
|
+$1.17M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$409K |
| 5 |
SG Americas Securities
New York
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$6.42M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$4M |
| 3 |
ERWM
Elk River Wealth Management
Denver,
Colorado
|
-$1.25M |
| 4 |
Man Group
London,
United Kingdom
|
-$864K |
| 5 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$851K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $5K | – | – | – |
|
|
QCG
102
Quadrant Capital Group
Cincinnati,
Ohio
| $3K | +$2.35K | +73 | +252% |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$2.19K | +68 | New |
|
|
EBA
104
Eagle Bay Advisors
New York
| $1K | – | – | – |
|
105
Nisa Investment Advisors
St. Louis,
Missouri
| $108 | – | – | – |
|
|
MFIMFI
106
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
| – | -$6.42M | -206,664 | Closed |
|
|
107
Man Group
London,
United Kingdom
| – | -$864K | -27,800 | Closed |
|
108
Tudor Investment Corp
Stamford,
Connecticut
| – | -$622K | -20,034 | Closed |
|
109
California Public Employees Retirement System
Sacramento,
California
| – | -$276K | -8,876 | Closed |
|
|
ECM
110
ExodusPoint Capital Management
New York
| – | -$221K | -7,101 | Closed |
|
111
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$20K | -642 | Closed |
|
|
QT
112
Quantbot Technologies
New York
| – | -$7K | -241 | Closed |
|
PGC Hedge Fund Activity: Q3 2021 in Review
105 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2021, worth a combined $440M — up 6.7% from $412M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PGC and 5 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 31 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $11.9M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $6.42M sold.
- 105 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2021, down from 108 in Q2 2021.
- Funds reported $440M of Peapack-Gladstone Financial stock for Q3 2021, up 6.7% quarter-over-quarter.
- 5 funds opened new Peapack-Gladstone Financial positions in Q3 2021 and 7 closed out, a net change of -2 holders.
- The largest Peapack-Gladstone Financial buyer in Q3 2021 was Basswood Capital Management, an estimated $11.9M added.
- The largest Peapack-Gladstone Financial seller in Q3 2021 was Mesirow Financial Investment Management - Fixed Income, an estimated $6.42M sold.
Based on aggregated 13F filings for Q3 2021.