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Peapack-Gladstone Financial

127 hedge funds and large institutions have $462M invested in Peapack-Gladstone Financial in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

283% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 6

52% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 33

15% more funds holding

Funds holding: 110127 (+17)

8% more capital invested

Capital invested by funds: $428M → $462M (+$33.6M)

1.1% more ownership

Funds ownership: 71.08%72.17% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
127
Holders Change
+17
Holders Change %
+15.45%
% of All Funds
2.88%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
23
Increased
50
Reduced
33
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$51.6M +$1.44M +42,000 +3%
BlackRock
2
BlackRock
New York
$37.4M +$717K +20,968 +2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$33.8M -$2.65M -77,470 -7%
BCM
4
Basswood Capital Management
New York
$31.9M -$9.13M -266,772 -23%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$26M +$1.99M +58,018 +8%
PGFC
6
Peapack-Gladstone Financial Corp
New Jersey
$24.2M +$698K +20,397 +3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$24M +$980K +28,650 +4%
RA
8
Royce & Associates
New York
$18M -$599K -17,497 -3%
EM
9
Endicott Management
New York
$17.5M
Boston Partners
10
Boston Partners
Massachusetts
$11.4M +$5.19M +151,663 +88%
Renaissance Technologies
11
Renaissance Technologies
New York
$10.9M +$134K +3,912 +1%
State Street
12
State Street
Massachusetts
$10.1M +$523K +15,286 +6%
Millennium Management
13
Millennium Management
New York
$8.3M +$3.05M +89,202 +60%
MCA
14
Mendon Capital Advisors
Florida
$8.05M
Northern Trust
15
Northern Trust
Illinois
$7.79M +$87.2K +2,548 +1%
CAM
16
ClariVest Asset Management
California
$6.73M +$557K +16,289 +9%
CRC
17
Curi RMB Capital
Illinois
$6.04M
Russell Investments Group
18
Russell Investments Group
United Kingdom
$5.65M +$320K +9,363 +6%
SCP
19
Siena Capital Partners
Illinois
$5.32M +$684K +20,000 +15%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$5.14M -$245K -7,175 -5%
AL
21
AJO LP
Pennsylvania
$4.91M +$1.19M +34,655 +33%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$4.69M +$671K +19,600 +17%
Deutsche Bank
23
Deutsche Bank
Germany
$4.41M +$751K +21,941 +21%
MAM
24
Martingale Asset Management
Massachusetts
$4.14M +$257K +7,506 +7%
PTC
25
Philadelphia Trust Company
Pennsylvania
$4.11M -$68.4K -2,000 -2%

PGC Hedge Fund Activity: Q4 2017 in Review

127 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2017, worth a combined $462M — up 7.8% from $428M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PGC positions and 6 closed out — a net gain of 17 holders — while 50 added to existing stakes and 33 trimmed.

The largest buyer was Boston Partners, adding an estimated $5.19M. The largest seller was Basswood Capital Management, cutting an estimated $9.13M.

  • 127 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2017, up from 110 in Q3 2017.
  • Funds reported $462M of Peapack-Gladstone Financial stock for Q4 2017, up 7.8% quarter-over-quarter.
  • 23 funds opened new Peapack-Gladstone Financial positions in Q4 2017 and 6 closed out, a net change of +17 holders.
  • The largest Peapack-Gladstone Financial buyer in Q4 2017 was Boston Partners, an estimated $5.19M added.
  • The largest Peapack-Gladstone Financial seller in Q4 2017 was Basswood Capital Management, an estimated $9.13M sold.

Based on aggregated 13F filings for Q4 2017.