Parke Bancorp
PKBK
71 hedge funds and large institutions have $90.9M invested in Parke Bancorp in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.19% less ownership
Funds ownership: 43.37% → 43.18% (-0.19%)
1% less funds holding
Funds holding: 72 → 71 (-1)
9% less capital invested
Capital invested by funds: $100M → $90.9M (-$9.5M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$458K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$396K |
| 3 |
Goldman Sachs
New York
|
+$377K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$285K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$1.08M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$923K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$333K |
| 4 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$296K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$299 | +15 | New |
|
PKBK Hedge Fund Activity: Q1 2023 in Review
71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q1 2023, worth a combined $90.9M — down 9.5% from $100M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PKBK and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 30 added.
The largest buyer was Vanguard Group, adding an estimated $458K. The largest seller was Morgan Dempsey Capital Management, exiting entirely with an estimated $1.08M sold.
- 71 institutional investors held Parke Bancorp (PKBK) as of Q1 2023, down from 72 in Q4 2022.
- Funds reported $90.9M of Parke Bancorp stock for Q1 2023, down 9.5% quarter-over-quarter.
- 4 funds opened new Parke Bancorp positions in Q1 2023 and 5 closed out, a net change of -1 holder.
- The largest Parke Bancorp buyer in Q1 2023 was Vanguard Group, an estimated $458K added.
- The largest Parke Bancorp seller in Q1 2023 was Morgan Dempsey Capital Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q1 2023.