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Peapack-Gladstone Financial

138 hedge funds and large institutions have $434M invested in Peapack-Gladstone Financial in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 47 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 7

175% more call options, than puts

Call options by funds: $11K | Put options by funds: $4K

10% more funds holding

Funds holding: 126138 (+12)

0.4% more ownership

Funds ownership: 72.06%72.46% (+0.4%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

2% less capital invested

Capital invested by funds: $442M → $434M (-$7.18M)

2% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 47

Holders
138
Holders Change
+12
Holders Change %
+9.52%
% of All Funds
2.22%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
20
Increased
46
Reduced
47
Closed
7
Calls
$11K
Puts
$4K
Net Calls
+$7K
Net Calls Change
+$7K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$54.6M -$2.76M -72,306 -5%
PGFC
2
Peapack-Gladstone Financial Corp
New Jersey
$33.9M -$1.9M -49,774 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$30.9M -$1.04M -27,367 -3%
BFC
4
Banc Funds Company
Illinois
$27.2M -$1.68M -43,891 -6%
Boston Partners
5
Boston Partners
Massachusetts
$26.4M +$21.2M +556,465 +360%
Brown Advisory
6
Brown Advisory
Maryland
$20.4M -$853K -22,338 -4%
State Street
7
State Street
Massachusetts
$16.5M +$274K +7,192 +2%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$14.3M -$1.06M -27,844 -7%
JP Morgan Chase
9
JP Morgan Chase
New York
$13.4M +$112K +2,938 +0.8%
PTC
10
Philadelphia Trust Company
Pennsylvania
$13.4M -$311K -8,160 -2%
SVBP
11
Strategic Value Bank Partners
Ohio
$12.6M
Geode Capital Management
12
Geode Capital Management
Massachusetts
$11.7M +$286K +7,495 +2%
Renaissance Technologies
13
Renaissance Technologies
New York
$7.82M -$527K -13,800 -6%
Northern Trust
14
Northern Trust
Illinois
$7.58M -$59.2K -1,550 -0.8%
NRCM
15
North Reef Capital Management
California
$7.4M +$3.79M +99,392 +100%
SM
16
Salzhauer Michael
$7.07M -$902K -23,647 -11%
KCM
17
Kennedy Capital Management
Missouri
$6.79M -$48.1K -1,261 -0.7%
SCP
18
Siena Capital Partners
Illinois
$4.74M
EPCA
19
Elizabeth Park Capital Advisors
Ohio
$4.52M
Charles Schwab
20
Charles Schwab
California
$4.51M -$8.85K -232 -0.2%
American Century Companies
21
American Century Companies
Missouri
$4.5M +$822K +21,528 +22%
Franklin Resources
22
Franklin Resources
California
$4.28M
PAM
23
Panagora Asset Management
Massachusetts
$3.91M +$726K +19,011 +22%
N
24
Nuveen
North Carolina
$3.86M -$531K -13,925 -12%
PI
25
Putnam Investments
Massachusetts
$3.73M +$3.5M +91,718 +1,091%

PGC Hedge Fund Activity: Q4 2022 in Review

138 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2022, worth a combined $434M — down 1.6% from $442M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PGC positions and 7 closed out — a net gain of 13 holders — while 46 added to existing stakes and 47 trimmed.

The largest buyer was Boston Partners, adding an estimated $21.2M. The largest seller was FJ Capital Management, exiting entirely with an estimated $21.9M sold.

  • 138 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2022, up from 126 in Q3 2022.
  • Funds reported $434M of Peapack-Gladstone Financial stock for Q4 2022, down 1.6% quarter-over-quarter.
  • 20 funds opened new Peapack-Gladstone Financial positions in Q4 2022 and 7 closed out, a net change of +13 holders.
  • The largest Peapack-Gladstone Financial buyer in Q4 2022 was Boston Partners, an estimated $21.2M added.
  • The largest Peapack-Gladstone Financial seller in Q4 2022 was FJ Capital Management, an estimated $21.9M sold.

Based on aggregated 13F filings for Q4 2022.