Peapack-Gladstone Financial
PGC
64 hedge funds and large institutions have $171M invested in Peapack-Gladstone Financial in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
51% more capital invested
Capital invested by funds: $113M → $171M (+$57.7M)
7% more funds holding
Funds holding: 60 → 64 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$10.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.64M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$9.58M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$5.98M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$1.62M |
| 2 |
CC
Consector Capital
New York
|
-$1.29M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$295K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$173K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$147K |
PGC Hedge Fund Activity: Q4 2014 in Review
64 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2014, worth a combined $171M — up 51% from $113M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PGC positions and 4 closed out — a net gain of 6 holders — while 25 added to existing stakes and 14 trimmed.
The largest buyer was EJF Capital, adding an estimated $10.8M. The largest seller was Jacobs Asset Management, cutting an estimated $1.62M.
- 64 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2014, up from 60 in Q3 2014.
- Funds reported $171M of Peapack-Gladstone Financial stock for Q4 2014, up 51% quarter-over-quarter.
- 10 funds opened new Peapack-Gladstone Financial positions in Q4 2014 and 4 closed out, a net change of +6 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2014 was EJF Capital, an estimated $10.8M added.
- The largest Peapack-Gladstone Financial seller in Q4 2014 was Jacobs Asset Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q4 2014.