Peapack-Gladstone Financial
PGC
127 hedge funds and large institutions have $462M invested in Peapack-Gladstone Financial in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 6 closing their positions.
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
52% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 33
15% more funds holding
Funds holding: 110 → 127 (+17)
8% more capital invested
Capital invested by funds: $428M → $462M (+$33.6M)
1.1% more ownership
Funds ownership: 71.08% → 72.17% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$5.19M |
| 2 |
Millennium Management
New York
|
+$3.05M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.99M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.44M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$9.13M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.65M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.73M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$783K |
| 5 |
MCM
Matarin Capital Management
New York
|
-$751K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
126
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1.73M | -51,273 | Closed |
|
|
MCM
127
Maltese Capital Management
New York
| – | -$337K | -10,000 | Closed |
|
|
CG
128
Caprock Group
Boise,
Idaho
| – | -$236K | -6,995 | Closed |
|
|
VF
129
Virtu Financial
New York
| – | -$220K | -6,520 | Closed |
|
|
TRCT
130
Tower Research Capital (TRC)
New York
| – | -$77.8K | -2,275 | -99% |
|
|
PCM
131
Prelude Capital Management
New York
| – | -$74K | -2,200 | Closed |
|
132
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$58K | -1,708 | Closed |
|
|
FMA
133
FNY Managed Accounts
New York
| – | -$2.67K | -78 | -75% |
|
PGC Hedge Fund Activity: Q4 2017 in Review
127 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2017, worth a combined $462M — up 7.8% from $428M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PGC positions and 6 closed out — a net gain of 17 holders — while 50 added to existing stakes and 33 trimmed.
The largest buyer was Boston Partners, adding an estimated $5.19M. The largest seller was Basswood Capital Management, cutting an estimated $9.13M.
- 127 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2017, up from 110 in Q3 2017.
- Funds reported $462M of Peapack-Gladstone Financial stock for Q4 2017, up 7.8% quarter-over-quarter.
- 23 funds opened new Peapack-Gladstone Financial positions in Q4 2017 and 6 closed out, a net change of +17 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2017 was Boston Partners, an estimated $5.19M added.
- The largest Peapack-Gladstone Financial seller in Q4 2017 was Basswood Capital Management, an estimated $9.13M sold.
Based on aggregated 13F filings for Q4 2017.