Peapack-Gladstone Financial
PGC
122 hedge funds and large institutions have $351M invested in Peapack-Gladstone Financial in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 46 reducing their positions, and 15 closing their positions.
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more funds holding
Funds holding: 121 → 122 (+1)
0.13% more ownership
Funds ownership: 72.33% → 72.46% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 46
17% less capital invested
Capital invested by funds: $425M → $351M (-$73.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$7.15M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$6.98M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$3.36M |
| 4 |
LBS
Lawrence B. Seidman
|
+$2.76M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$3.39M |
| 2 |
Millennium Management
New York
|
-$3.27M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$2.96M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.25M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Citadel Advisors
Miami,
Florida
| – | -$732K | -23,704 | Closed |
|
|
B
127
Bailard
Foster City,
California
| – | -$568K | -18,400 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$530K | -17,166 | Closed |
|
|
SRAM
129
Stone Ridge Asset Management
New York
| – | -$269K | -8,693 | Closed |
|
130
Creative Planning
Overland Park,
Kansas
| – | -$227K | -7,355 | Closed |
|
131
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$222K | -7,202 | Closed |
|
132
VOYA Investment Management
Atlanta,
Georgia
| – | -$220K | -7,112 | Closed |
|
133
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$201K | -6,500 | Closed |
|
134
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$7K | -230 | Closed |
|
|
GRP
135
Global Retirement Partners
San Rafael,
California
| – | -$6K | -207 | Closed |
|
|
APP
136
Avantax Planning Partners
Dubuque,
Iowa
| – | -$2K | -69 | Closed |
|
137
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -24 | Closed |
|
PGC Hedge Fund Activity: Q4 2018 in Review
122 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2018, worth a combined $351M — down 17% from $425M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PGC positions and 15 closed out — a net gain of 1 holder — while 39 added to existing stakes and 46 trimmed.
The largest buyer was Peapack-Gladstone Financial Corp, adding an estimated $7.15M. The largest seller was Boston Advisors, exiting entirely with an estimated $3.39M sold.
- 122 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2018, up from 121 in Q3 2018.
- Funds reported $351M of Peapack-Gladstone Financial stock for Q4 2018, down 17% quarter-over-quarter.
- 16 funds opened new Peapack-Gladstone Financial positions in Q4 2018 and 15 closed out, a net change of +1 holder.
- The largest Peapack-Gladstone Financial buyer in Q4 2018 was Peapack-Gladstone Financial Corp, an estimated $7.15M added.
- The largest Peapack-Gladstone Financial seller in Q4 2018 was Boston Advisors, an estimated $3.39M sold.
Based on aggregated 13F filings for Q4 2018.