Peapack-Gladstone Financial
PGC
126 hedge funds and large institutions have $453M invested in Peapack-Gladstone Financial in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 56 increasing their positions, 33 reducing their positions, and 10 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.58% less ownership
Funds ownership: 72.17% → 71.59% (-0.58%)
1% less funds holding
Funds holding: 127 → 126 (-1)
2% less capital invested
Capital invested by funds: $462M → $453M (-$8.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$6.43M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$3.69M |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$3.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.24M |
| 5 |
Millennium Management
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$6.41M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.91M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.66M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.07M |
| 5 |
BCM
Basswood Capital Management
New York
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$1.07M | -30,554 | Closed |
|
|
MWNA
127
Marshall Wace North America
New York
| – | -$779K | -22,234 | Closed |
|
128
Squarepoint
New York
| – | -$331K | -9,457 | Closed |
|
|
DTL
129
Dynamic Technology Lab
Singapore
| – | -$317K | -9,051 | Closed |
|
130
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$293K | -8,375 | Closed |
|
|
MCM
131
Matarin Capital Management
New York
| – | -$270K | -7,699 | Closed |
|
|
TI
132
Trexquant Investment
Stamford,
Connecticut
| – | -$226K | -6,440 | Closed |
|
133
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$11K | -300 | Closed |
|
|
DCM
134
Delpha Capital Management
New York
| – | -$10K | -288 | Closed |
|
|
FMA
135
FNY Managed Accounts
New York
| – | -$70 | -2 | -8% |
|
PGC Hedge Fund Activity: Q1 2018 in Review
126 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2018, worth a combined $453M — down 1.9% from $462M a quarter earlier.
Fund positioning in PGC was balanced in Q1 2018: 10 funds opened new positions, 10 closed out, 56 added to existing stakes and 33 trimmed.
The largest buyer was State Street, adding an estimated $6.43M. The largest seller was Banc Funds Company, cutting an estimated $6.41M.
- 126 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2018, down from 127 in Q4 2017.
- Funds reported $453M of Peapack-Gladstone Financial stock for Q1 2018, down 1.9% quarter-over-quarter.
- 10 funds opened new Peapack-Gladstone Financial positions in Q1 2018 and 10 closed out, a net change of 0 holders.
- The largest Peapack-Gladstone Financial buyer in Q1 2018 was State Street, an estimated $6.43M added.
- The largest Peapack-Gladstone Financial seller in Q1 2018 was Banc Funds Company, an estimated $6.41M sold.
Based on aggregated 13F filings for Q1 2018.