Peapack-Gladstone Financial
PGC
90 hedge funds and large institutions have $343M invested in Peapack-Gladstone Financial in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 8 closing their positions.
379% more call options, than puts
Call options by funds: $254K | Put options by funds: $53K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.49% less ownership
Funds ownership: 66.48% → 65.99% (-0.49%)
2% less capital invested
Capital invested by funds: $348M → $343M (-$5.25M)
5% less funds holding
Funds holding: 95 → 90 (-5)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$30.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$19M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
+$2.05M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.87M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$5.76M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$3.12M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.2M |
| 4 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$1.15M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$990K |
PGC Hedge Fund Activity: Q1 2017 in Review
90 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2017, worth a combined $343M — down 1.5% from $348M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGC and 7 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $30.4M. The largest seller was EJF Capital, cutting an estimated $5.76M.
- 90 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2017, down from 95 in Q4 2016.
- Funds reported $343M of Peapack-Gladstone Financial stock for Q1 2017, down 1.5% quarter-over-quarter.
- 7 funds opened new Peapack-Gladstone Financial positions in Q1 2017 and 8 closed out, a net change of -1 holder.
- The largest Peapack-Gladstone Financial buyer in Q1 2017 was BlackRock, an estimated $30.4M added.
- The largest Peapack-Gladstone Financial seller in Q1 2017 was EJF Capital, an estimated $5.76M sold.
Based on aggregated 13F filings for Q1 2017.