Peapack-Gladstone Financial
PGC
64 hedge funds and large institutions have $206M invested in Peapack-Gladstone Financial in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 3 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
21% more capital invested
Capital invested by funds: $171M → $206M (+$35M)
0% more funds holding
Funds holding: 64 → 64 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$4.79M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.73M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.1M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$1.58M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$4.87M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$2.17M |
| 3 |
Two Sigma Investments
New York
|
-$1.08M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.03M |
| 5 |
Morgan Stanley
New York
|
-$510K |
PGC Hedge Fund Activity: Q1 2015 in Review
64 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2015, worth a combined $206M — up 21% from $171M a quarter earlier.
Fund positioning in PGC was balanced in Q1 2015: 3 funds opened new positions, 3 closed out, 26 added to existing stakes and 20 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $4.79M. The largest seller was EJF Capital, cutting an estimated $4.87M.
- 64 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $206M of Peapack-Gladstone Financial stock for Q1 2015, up 21% quarter-over-quarter.
- 3 funds opened new Peapack-Gladstone Financial positions in Q1 2015 and 3 closed out, a net change of 0 holders.
- The largest Peapack-Gladstone Financial buyer in Q1 2015 was Basswood Capital Management, an estimated $4.79M added.
- The largest Peapack-Gladstone Financial seller in Q1 2015 was EJF Capital, an estimated $4.87M sold.
Based on aggregated 13F filings for Q1 2015.