Peapack-Gladstone Financial
PGC
108 hedge funds and large institutions have $192M invested in Peapack-Gladstone Financial in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 46 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.78% less ownership
Funds ownership: 68.93% → 67.15% (-1.8%)
5% less funds holding
Funds holding: 114 → 108 (-6)
21% less capital invested
Capital invested by funds: $243M → $192M (-$50.4M)
30% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 46
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.55M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$918K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$910K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$517K |
| 5 |
Man Group
London,
United Kingdom
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.58M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.81M |
| 3 |
State Street
Boston,
Massachusetts
|
-$924K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$781K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$734K |
PGC Hedge Fund Activity: Q3 2020 in Review
108 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2020, worth a combined $192M — down 21% from $243M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PGC and 8 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $1.55M. The largest seller was Royce & Associates, cutting an estimated $2.58M.
- 108 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2020, down from 114 in Q2 2020.
- Funds reported $192M of Peapack-Gladstone Financial stock for Q3 2020, down 21% quarter-over-quarter.
- 8 funds opened new Peapack-Gladstone Financial positions in Q3 2020 and 14 closed out, a net change of -6 holders.
- The largest Peapack-Gladstone Financial buyer in Q3 2020 was BlackRock, an estimated $1.55M added.
- The largest Peapack-Gladstone Financial seller in Q3 2020 was Royce & Associates, an estimated $2.58M sold.
Based on aggregated 13F filings for Q3 2020.