Peapack-Gladstone Financial
PGC
137 hedge funds and large institutions have $439M invested in Peapack-Gladstone Financial in 2024 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 6 closing their positions.
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 39
23% more capital invested
Capital invested by funds: $356M → $439M (+$83M)
12% more funds holding
Funds holding: 122 → 137 (+15)
4.7% more ownership
Funds ownership: 73.51% → 78.21% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
73% less call options, than puts
Call options by funds: $19K | Put options by funds: $71K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$8.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.71M |
| 3 |
Goldman Sachs
New York
|
+$3.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$2.25M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$965K |
| 3 |
Renaissance Technologies
New York
|
-$902K |
| 4 |
Two Sigma Investments
New York
|
-$823K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$729K |
PGC Hedge Fund Activity: Q4 2024 in Review
137 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Peapack-Gladstone Financial (PGC) for Q4 2024, worth a combined $439M — up 23% from $356M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PGC positions and 6 closed out — a net gain of 15 holders — while 53 added to existing stakes and 39 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $8.2M. The largest seller was Peapack-Gladstone Financial Corp, cutting an estimated $2.25M.
- 137 institutional investors held Peapack-Gladstone Financial (PGC) as of Q4 2024, up from 122 in Q3 2024.
- Funds reported $439M of Peapack-Gladstone Financial stock for Q4 2024, up 23% quarter-over-quarter.
- 21 funds opened new Peapack-Gladstone Financial positions in Q4 2024 and 6 closed out, a net change of +15 holders.
- The largest Peapack-Gladstone Financial buyer in Q4 2024 was Basswood Capital Management, an estimated $8.2M added.
- The largest Peapack-Gladstone Financial seller in Q4 2024 was Peapack-Gladstone Financial Corp, an estimated $2.25M sold.
Based on aggregated 13F filings for Q4 2024.