Peapack-Gladstone Financial
PGC
109 hedge funds and large institutions have $407M invested in Peapack-Gladstone Financial in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 50 reducing their positions, and 6 closing their positions.
35% more capital invested
Capital invested by funds: $301M → $407M (+$106M)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.01% less ownership
Funds ownership: 69.76% → 69.76% (-0.01%)
3% less funds holding
Funds holding: 112 → 109 (-3)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.62M |
| 2 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$5.33M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$3.23M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.42M |
| 5 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.13M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.05M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.72M |
| 4 |
Morgan Stanley
New York
|
-$1.19M |
| 5 |
ERWM
Elk River Wealth Management
Denver,
Colorado
|
-$1.18M |
PGC Hedge Fund Activity: Q1 2021 in Review
109 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2021, worth a combined $407M — up 35% from $301M a quarter earlier.
Fund positioning in PGC was balanced in Q1 2021: 6 funds opened new positions, 6 closed out, 31 added to existing stakes and 50 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $7.62M. The largest seller was Renaissance Technologies, cutting an estimated $2.13M.
- 109 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2021, down from 112 in Q4 2020.
- Funds reported $407M of Peapack-Gladstone Financial stock for Q1 2021, up 35% quarter-over-quarter.
- 6 funds opened new Peapack-Gladstone Financial positions in Q1 2021 and 6 closed out, a net change of 0 holders.
- The largest Peapack-Gladstone Financial buyer in Q1 2021 was Wellington Management Group, an estimated $7.62M added.
- The largest Peapack-Gladstone Financial seller in Q1 2021 was Renaissance Technologies, an estimated $2.13M sold.
Based on aggregated 13F filings for Q1 2021.