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Peapack-Gladstone Financial

122 hedge funds and large institutions have $356M invested in Peapack-Gladstone Financial in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

21% more capital invested

Capital invested by funds: $295M → $356M (+$60.9M)

8% more funds holding

Funds holding: 113122 (+9)

0.15% more ownership

Funds ownership: 73.36%73.51% (+0.15%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 41

31% less call options, than puts

Call options by funds: $36K | Put options by funds: $52K

Holders
122
Holders Change
+9
Holders Change %
+7.96%
% of All Funds
1.75%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
39
Reduced
41
Closed
9
Calls
$36K
Puts
$52K
Net Calls
-$16K
Net Calls Change
+$99K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$48.7M +$1.49M +56,645 +3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$30.3M -$902K -34,388 -3%
PGFC
3
Peapack-Gladstone Financial Corp
New Jersey
$25.5M -$126K -4,815 -0.5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$24M +$609K +23,218 +3%
Boston Partners
5
Boston Partners
Massachusetts
$21.1M -$2.67M -101,771 -12%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$17.3M +$411K +15,667 +3%
BFC
7
Banc Funds Company
Illinois
$16.5M -$1.91M -73,000 -11%
State Street
8
State Street
Massachusetts
$14.4M +$323K +12,332 +2%
Brown Advisory
9
Brown Advisory
Maryland
$14.1M +$183K +6,970 +1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$10.4M +$109K +4,172 +1%
SVBP
11
Strategic Value Bank Partners
Ohio
$10.3M
PTC
12
Philadelphia Trust Company
Pennsylvania
$9.09M -$19K -725 -0.2%
SAM
13
Synergy Asset Management
Washington
$8.87M +$8.49M +323,727 New
American Century Companies
14
American Century Companies
Missouri
$8.33M +$745K +28,413 +10%
Hotchkis & Wiley Capital Management
15
Hotchkis & Wiley Capital Management
California
$6.85M -$739K -28,180 -10%
SM
16
Salzhauer Michael
$4.18M +$5.22K +199 +0.1%
Prudential Financial
17
Prudential Financial
New Jersey
$4.16M +$713K +27,200 +22%
JP Morgan Chase
18
JP Morgan Chase
New York
$4.04M +$220K +8,393 +6%
Northern Trust
19
Northern Trust
Illinois
$4.02M -$818K -31,203 -18%
KCM
20
Kennedy Capital Management
Missouri
$3.84M -$4.41M -167,966 -55%
Charles Schwab
21
Charles Schwab
California
$3.54M -$4.91K -187 -0.1%
Renaissance Technologies
22
Renaissance Technologies
New York
$2.8M -$677K -25,800 -20%
Goldman Sachs
23
Goldman Sachs
New York
$2.76M +$669K +25,517 +34%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$2.54M -$869K -33,119 -26%
BCM
25
Bridgeway Capital Management
Texas
$2.54M +$63.3K +2,412 +3%

PGC Hedge Fund Activity: Q3 2024 in Review

122 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q3 2024, worth a combined $356M — up 21% from $295M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PGC positions and 9 closed out — a net gain of 9 holders — while 39 added to existing stakes and 41 trimmed.

The largest buyer was Synergy Asset Management, opening a new position worth an estimated $8.49M. The largest seller was Kennedy Capital Management, cutting an estimated $4.41M.

  • 122 institutional investors held Peapack-Gladstone Financial (PGC) as of Q3 2024, up from 113 in Q2 2024.
  • Funds reported $356M of Peapack-Gladstone Financial stock for Q3 2024, up 21% quarter-over-quarter.
  • 18 funds opened new Peapack-Gladstone Financial positions in Q3 2024 and 9 closed out, a net change of +9 holders.
  • The largest Peapack-Gladstone Financial buyer in Q3 2024 was Synergy Asset Management, an estimated $8.49M added.
  • The largest Peapack-Gladstone Financial seller in Q3 2024 was Kennedy Capital Management, an estimated $4.41M sold.

Based on aggregated 13F filings for Q3 2024.