Parke Bancorp
PKBK
71 hedge funds and large institutions have $109M invested in Parke Bancorp in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 3 closing their positions.
1,458% more call options, than puts
Call options by funds: $919K | Put options by funds: $59K
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
28% more capital invested
Capital invested by funds: $85M → $109M (+$24.1M)
3% more funds holding
Funds holding: 69 → 71 (+2)
1.5% more ownership
Funds ownership: 43.58% → 45.09% (+1.5%)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.63M |
| 2 |
BlackRock
New York
|
+$1.33M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$376K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$313K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$504K |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$334K |
| 3 |
Bank of New York Mellon
New York
|
-$232K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$222K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$121K |
PKBK Hedge Fund Activity: Q4 2023 in Review
71 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q4 2023, worth a combined $109M — up 28% from $85M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PKBK positions and 3 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.63M. The largest seller was Basswood Capital Management, cutting an estimated $504K.
- 71 institutional investors held Parke Bancorp (PKBK) as of Q4 2023, up from 69 in Q3 2023.
- Funds reported $109M of Parke Bancorp stock for Q4 2023, up 28% quarter-over-quarter.
- 5 funds opened new Parke Bancorp positions in Q4 2023 and 3 closed out, a net change of +2 holders.
- The largest Parke Bancorp buyer in Q4 2023 was Morgan Stanley, an estimated $1.63M added.
- The largest Parke Bancorp seller in Q4 2023 was Basswood Capital Management, an estimated $504K sold.
Based on aggregated 13F filings for Q4 2023.