Peapack-Gladstone Financial
PGC
113 hedge funds and large institutions have $295M invested in Peapack-Gladstone Financial in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 20 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 37
0.04% more ownership
Funds ownership: 73.32% → 73.36% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 117 → 113 (-4)
7% less capital invested
Capital invested by funds: $316M → $295M (-$20.9M)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
82% less call options, than puts
Call options by funds: $25K | Put options by funds: $140K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.04M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$2.35M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$1.74M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.64M |
| 5 |
JP Morgan Chase
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
-$9.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$4.16M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.41M |
| 4 |
GCM
GoodHaven Capital Management
Millburn,
New Jersey
|
-$1.69M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
126
American International Group
New York
| – | -$202K | -8,319 | Closed |
|
|
ACM
127
Aquatic Capital Management
Chicago,
Illinois
| – | -$58.4K | -2,400 | Closed |
|
|
MLICM
128
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$25.5K | -1,049 | Closed |
|
|
CFGS
129
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$23.5K | -1,035 | Closed |
|
130
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1.02K | -45 | -94% |
|
|
S
131
SignatureFD
Atlanta,
Georgia
| – | -$1.05K | -43 | Closed |
|
132
Allspring Global Investments
Charlotte,
North Carolina
| – | -$1.02K | -42 | Closed |
|
|
AWM
133
Avior Wealth Management
Omaha,
Nebraska
| – | -$72 | -3 | Closed |
|
PGC Hedge Fund Activity: Q2 2024 in Review
113 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2024, worth a combined $295M — down 6.6% from $316M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PGC and 17 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 48 added.
The largest buyer was BlackRock, adding an estimated $6.04M. The largest seller was North Reef Capital Management, exiting entirely with an estimated $9.7M sold.
- 113 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2024, down from 117 in Q1 2024.
- Funds reported $295M of Peapack-Gladstone Financial stock for Q2 2024, down 6.6% quarter-over-quarter.
- 17 funds opened new Peapack-Gladstone Financial positions in Q2 2024 and 20 closed out, a net change of -3 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2024 was BlackRock, an estimated $6.04M added.
- The largest Peapack-Gladstone Financial seller in Q2 2024 was North Reef Capital Management, an estimated $9.7M sold.
Based on aggregated 13F filings for Q2 2024.