Parke Bancorp
PKBK
31 hedge funds and large institutions have $24.9M invested in Parke Bancorp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
35% more capital invested
Capital invested by funds: $18.4M → $24.9M (+$6.46M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
24.01% more ownership
Funds ownership: 0% → 24.01% (+24%)
24% more funds holding
Funds holding: 25 → 31 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.69M |
| 2 |
Axa
Paris,
France
|
+$329K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$181K |
| 4 |
Renaissance Technologies
New York
|
+$123K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$95.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.68M |
| 2 |
Morgan Stanley
New York
|
-$633K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$106K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$9.94K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$8.39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
26
BlackRock Investment Management
Wilmington,
Delaware
| $17K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $15K | +$12.6K | +998 | New |
|
28
Federated Hermes
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $4K | +$2.95K | +234 | New |
|
|
MA
30
MUFG Americas
New York
| $2K | -$1.67K | -132 | -53% |
|
|
DA
31
Denali Advisors
San Diego,
California
| $2K | +$1.94K | +154 | New |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -113 | Closed |
|
PKBK Hedge Fund Activity: Q4 2016 in Review
31 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q4 2016, worth a combined $24.9M — up 35% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PKBK positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was EJF Capital, adding an estimated $1.69M. The largest seller was Banc Funds Company, cutting an estimated $1.68M.
- 31 institutional investors held Parke Bancorp (PKBK) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $24.9M of Parke Bancorp stock for Q4 2016, up 35% quarter-over-quarter.
- 7 funds opened new Parke Bancorp positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest Parke Bancorp buyer in Q4 2016 was EJF Capital, an estimated $1.69M added.
- The largest Parke Bancorp seller in Q4 2016 was Banc Funds Company, an estimated $1.68M sold.
Based on aggregated 13F filings for Q4 2016.