Peapack-Gladstone Financial
PGC
112 hedge funds and large institutions have $301M invested in Peapack-Gladstone Financial in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 9 closing their positions.
56% more capital invested
Capital invested by funds: $192M → $301M (+$109M)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more funds holding
Funds holding: 108 → 112 (+4)
2.6% more ownership
Funds ownership: 67.15% → 69.75% (+2.6%)
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.35M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.26M |
| 3 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$2.73M |
| 4 |
JP Morgan Chase
New York
|
+$2.55M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.69M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.58M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.54M |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$745K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$745K |
PGC Hedge Fund Activity: Q4 2020 in Review
112 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2020, worth a combined $301M — up 56% from $192M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PGC positions and 9 closed out — a net gain of 4 holders — while 36 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $5.35M. The largest seller was Royce & Associates, exiting entirely with an estimated $3.69M sold.
- 112 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2020, up from 108 in Q3 2020.
- Funds reported $301M of Peapack-Gladstone Financial stock for Q4 2020, up 56% quarter-over-quarter.
- 13 funds opened new Peapack-Gladstone Financial positions in Q4 2020 and 9 closed out, a net change of +4 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2020 was BlackRock, an estimated $5.35M added.
- The largest Peapack-Gladstone Financial seller in Q4 2020 was Royce & Associates, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2020.