Peapack-Gladstone Financial
PGC
68 hedge funds and large institutions have $211M invested in Peapack-Gladstone Financial in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more funds holding
Funds holding: 64 → 68 (+4)
3% more capital invested
Capital invested by funds: $206M → $211M (+$5.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$2.92M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.1M |
| 3 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$841K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$593K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$3.45M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.24M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$1.75M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$786K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$419K |
PGC Hedge Fund Activity: Q2 2015 in Review
68 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2015, worth a combined $211M — up 2.7% from $206M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PGC positions and 5 closed out — a net gain of 4 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $2.92M. The largest seller was Peapack-Gladstone Financial Corp, cutting an estimated $3.45M.
- 68 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2015, up from 64 in Q1 2015.
- Funds reported $211M of Peapack-Gladstone Financial stock for Q2 2015, up 2.7% quarter-over-quarter.
- 9 funds opened new Peapack-Gladstone Financial positions in Q2 2015 and 5 closed out, a net change of +4 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2015 was Basswood Capital Management, an estimated $2.92M added.
- The largest Peapack-Gladstone Financial seller in Q2 2015 was Peapack-Gladstone Financial Corp, an estimated $3.45M sold.
Based on aggregated 13F filings for Q2 2015.