Parke Bancorp
PKBK
58 hedge funds and large institutions have $86.3M invested in Parke Bancorp in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 23 reducing their positions, and 15 closing their positions.
3.07% less ownership
Funds ownership: 40.2% → 37.13% (-3.1%)
6% less funds holding
Funds holding: 62 → 58 (-4)
9% less capital invested
Capital invested by funds: $95.1M → $86.3M (-$8.75M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
57% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.89M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2.61M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$2.29M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.98M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$2.97M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.62M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.41M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$810K |
PKBK Hedge Fund Activity: Q2 2021 in Review
58 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q2 2021, worth a combined $86.3M — down 9.2% from $95.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PKBK and 11 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 10 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.89M. The largest seller was BlackRock, cutting an estimated $12.5M.
- 58 institutional investors held Parke Bancorp (PKBK) as of Q2 2021, down from 62 in Q1 2021.
- Funds reported $86.3M of Parke Bancorp stock for Q2 2021, down 9.2% quarter-over-quarter.
- 11 funds opened new Parke Bancorp positions in Q2 2021 and 15 closed out, a net change of -4 holders.
- The largest Parke Bancorp buyer in Q2 2021 was Millennium Management, an estimated $3.89M added.
- The largest Parke Bancorp seller in Q2 2021 was BlackRock, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2021.