Parke Bancorp
PKBK
34 hedge funds and large institutions have $27.4M invested in Parke Bancorp in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $24.9M → $27.4M (+$2.57M)
10% more funds holding
Funds holding: 31 → 34 (+3)
0.85% more ownership
Funds ownership: 24.01% → 24.86% (+0.85%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$594K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$445K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$337K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$304K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$607K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$545K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$217K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$68.7K |
| 5 |
Morgan Stanley
New York
|
-$58.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
26
Edge Advisors
Atlanta,
Georgia
| $29K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $23K | – | – | – |
|
|
AIM
28
Acrospire Investment Management
Chicago,
Illinois
| $21K | -$34.3K | -2,200 | -62% |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $16K | – | – | – |
|
30
JP Morgan Chase
New York
| $15K | +$14.5K | +932 | New |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
32
UBS Group
Zurich,
Switzerland
| $3K | -$20.2K | -1,296 | -86% |
|
|
DA
33
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
|
MA
34
MUFG Americas
New York
| $2K | – | – | – |
|
|
EIM
35
Essex Investment Management
Boston,
Massachusetts
| – | -$217K | -14,322 | Closed |
|
36
EARNEST Partners
Atlanta,
Georgia
| – | -$22K | -1,483 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$4K | -234 | Closed |
|
PKBK Hedge Fund Activity: Q1 2017 in Review
34 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q1 2017, worth a combined $27.4M — up 10% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PKBK positions and 3 closed out — a net gain of 6 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, adding an estimated $594K. The largest seller was PNC Financial Services Group, cutting an estimated $607K.
- 34 institutional investors held Parke Bancorp (PKBK) as of Q1 2017, up from 31 in Q4 2016.
- Funds reported $27.4M of Parke Bancorp stock for Q1 2017, up 10% quarter-over-quarter.
- 9 funds opened new Parke Bancorp positions in Q1 2017 and 3 closed out, a net change of +6 holders.
- The largest Parke Bancorp buyer in Q1 2017 was Vanguard Group, an estimated $594K added.
- The largest Parke Bancorp seller in Q1 2017 was PNC Financial Services Group, an estimated $607K sold.
Based on aggregated 13F filings for Q1 2017.