Parke Bancorp
PKBK
52 hedge funds and large institutions have $42.6M invested in Parke Bancorp in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
55% more capital invested
Capital invested by funds: $27.4M → $42.6M (+$15.2M)
53% more funds holding
Funds holding: 34 → 52 (+18)
8.53% more ownership
Funds ownership: 24.86% → 33.39% (+8.5%)
Top Buyers
| 1 |
BlackRock
New York
|
+$5.47M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.84M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.15M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.08M |
| 5 |
Renaissance Technologies
New York
|
+$626K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $1K | +$587 | +34 | New |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$457K | -28,493 | Closed |
|
|
SCM
54
Segantii Capital Management
Hong Kong
| – | -$45K | -2,795 | Closed |
|
|
MA
55
MUFG Americas
New York
| – | -$2K | -117 | Closed |
|
PKBK Hedge Fund Activity: Q2 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q2 2017, worth a combined $42.6M — up 55% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PKBK positions and 3 closed out — a net gain of 18 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $5.47M. The largest seller was AllianceBernstein, cutting an estimated $2.98M.
- 52 institutional investors held Parke Bancorp (PKBK) as of Q2 2017, up from 34 in Q1 2017.
- Funds reported $42.6M of Parke Bancorp stock for Q2 2017, up 55% quarter-over-quarter.
- 21 funds opened new Parke Bancorp positions in Q2 2017 and 3 closed out, a net change of +18 holders.
- The largest Parke Bancorp buyer in Q2 2017 was BlackRock, an estimated $5.47M added.
- The largest Parke Bancorp seller in Q2 2017 was AllianceBernstein, an estimated $2.98M sold.
Based on aggregated 13F filings for Q2 2017.