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Peapack-Gladstone Financial

79 hedge funds and large institutions have $190M invested in Peapack-Gladstone Financial in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

12% more capital invested

Capital invested by funds: $169M → $190M (+$21M)

1% more funds holding

Funds holding: 7879 (+1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $441K

Holders
79
Holders Change
+1
Holders Change %
+1.28%
% of All Funds
2.11%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
27
Reduced
22
Closed
8
Calls
Puts
$441K
Net Calls
-$441K
Net Calls Change
-$441K
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$25.1M
BCM
2
Basswood Capital Management
New York
$18.6M +$9.83M +534,551 +114%
EC
3
EJF Capital
Virginia
$13.9M
PGFC
4
Peapack-Gladstone Financial Corp
New Jersey
$13M +$118K +6,390 +0.9%
RA
5
Royce & Associates
New York
$11.2M
PFP
6
Patriot Financial Partners
Pennsylvania
$10.6M
EM
7
Endicott Management
New York
$9.26M
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$8.97M +$328K +17,823 +4%
Vanguard Group
9
Vanguard Group
Pennsylvania
$7.54M +$176K +9,545 +2%
BFA
10
BlackRock Fund Advisors
California
$7.54M -$107K -5,810 -1%
BIT
11
BlackRock Institutional Trust
California
$6.96M -$51.8K -2,814 -0.7%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$5.62M -$447K -24,292 -7%
Renaissance Technologies
13
Renaissance Technologies
New York
$4.99M -$237K -12,900 -5%
State Street
14
State Street
Massachusetts
$3.96M -$161K -8,744 -4%
Northern Trust
15
Northern Trust
Illinois
$3.39M +$162K +8,788 +5%
SM
16
Salzhauer Michael
$2.08M +$2.07M +112,462 New
Geode Capital Management
17
Geode Capital Management
Massachusetts
$2M -$6.97K -379 -0.3%
PTC
18
Philadelphia Trust Company
Pennsylvania
$1.98M +$77.7K +4,225 +4%
MCM
19
Maltese Capital Management
New York
$1.95M +$281K +15,300 +17%
CRC
20
Curi RMB Capital
Illinois
$1.92M -$284K -15,442 -13%
MFP
21
Michael F. Price
$1.85M
CCM
22
Condor Capital Management
New Jersey
$1.65M -$88.3K -4,800 -5%
CAM
23
Cacti Asset Management
Georgia
$1.39M
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.39M +$4.03K +219 +0.3%
TCIM
25
TIAA CREF Investment Management
New York
$1.36M +$161K +8,774 +14%

PGC Hedge Fund Activity: Q2 2016 in Review

79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2016, worth a combined $190M — up 12% from $169M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PGC positions and 8 closed out — a net gain of 2 holders — while 27 added to existing stakes and 22 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $9.83M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $6.22M sold.

  • 79 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2016, up from 78 in Q1 2016.
  • Funds reported $190M of Peapack-Gladstone Financial stock for Q2 2016, up 12% quarter-over-quarter.
  • 10 funds opened new Peapack-Gladstone Financial positions in Q2 2016 and 8 closed out, a net change of +2 holders.
  • The largest Peapack-Gladstone Financial buyer in Q2 2016 was Basswood Capital Management, an estimated $9.83M added.
  • The largest Peapack-Gladstone Financial seller in Q2 2016 was Stieven Capital Advisors, an estimated $6.22M sold.

Based on aggregated 13F filings for Q2 2016.