Peapack-Gladstone Financial
PGC
124 hedge funds and large institutions have $354M invested in Peapack-Gladstone Financial in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 46 reducing their positions, and 18 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
0.02% more ownership
Funds ownership: 72.53% → 72.54% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 130 → 124 (-6)
7% less capital invested
Capital invested by funds: $383M → $354M (-$28.4M)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$1.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.54M |
| 3 |
BlackRock
New York
|
+$1.28M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.16M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.01M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.6M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$1.05M |
| 4 |
JP Morgan Chase
New York
|
-$1.03M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.01M |
PGC Hedge Fund Activity: Q2 2023 in Review
124 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q2 2023, worth a combined $354M — down 7.4% from $383M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PGC and 12 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 48 added.
The largest buyer was North Reef Capital Management, adding an estimated $1.7M. The largest seller was Millennium Management, cutting an estimated $2.01M.
- 124 institutional investors held Peapack-Gladstone Financial (PGC) as of Q2 2023, down from 130 in Q1 2023.
- Funds reported $354M of Peapack-Gladstone Financial stock for Q2 2023, down 7.4% quarter-over-quarter.
- 12 funds opened new Peapack-Gladstone Financial positions in Q2 2023 and 18 closed out, a net change of -6 holders.
- The largest Peapack-Gladstone Financial buyer in Q2 2023 was North Reef Capital Management, an estimated $1.7M added.
- The largest Peapack-Gladstone Financial seller in Q2 2023 was Millennium Management, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2023.