Peapack-Gladstone Financial
PGC
130 hedge funds and large institutions have $383M invested in Peapack-Gladstone Financial in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 55 increasing their positions, 36 reducing their positions, and 19 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 36
7.38% more ownership
Funds ownership: 65.14% → 72.53% (+7.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 137 → 130 (-7)
12% less capital invested
Capital invested by funds: $434M → $383M (-$51.7M)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$2.23M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$2.05M |
| 3 |
JP Morgan Chase
New York
|
+$1.69M |
| 4 |
Millennium Management
New York
|
+$1.55M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$4.51M |
| 2 |
BlackRock
New York
|
-$3.02M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.31M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$1.11M |
| 5 |
JCP
Jennifer C. Price
|
-$1.04M |
PGC Hedge Fund Activity: Q1 2023 in Review
130 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q1 2023, worth a combined $383M — down 12% from $434M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PGC and 12 opened new positions — a net loss of 7 holders — while 36 trimmed existing stakes and 55 added.
The largest buyer was Boston Partners, adding an estimated $2.23M. The largest seller was Siena Capital Partners, exiting entirely with an estimated $4.51M sold.
- 130 institutional investors held Peapack-Gladstone Financial (PGC) as of Q1 2023, down from 137 in Q4 2022.
- Funds reported $383M of Peapack-Gladstone Financial stock for Q1 2023, down 12% quarter-over-quarter.
- 12 funds opened new Peapack-Gladstone Financial positions in Q1 2023 and 19 closed out, a net change of -7 holders.
- The largest Peapack-Gladstone Financial buyer in Q1 2023 was Boston Partners, an estimated $2.23M added.
- The largest Peapack-Gladstone Financial seller in Q1 2023 was Siena Capital Partners, an estimated $4.51M sold.
Based on aggregated 13F filings for Q1 2023.