Parke Bancorp
PKBK
25 hedge funds and large institutions have $18.4M invested in Parke Bancorp in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $15.3M → $18.4M (+$3.11M)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
4% more funds holding
Funds holding: 24 → 25 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$577K |
| 2 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$571K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$384K |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$353K |
| 5 |
Renaissance Technologies
New York
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.88M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$40.1K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$11K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.86K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9K |
PKBK Hedge Fund Activity: Q3 2016 in Review
25 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q3 2016, worth a combined $18.4M — up 20% from $15.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PKBK positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $577K. The largest seller was Banc Funds Company, cutting an estimated $1.88M.
- 25 institutional investors held Parke Bancorp (PKBK) as of Q3 2016, up from 24 in Q2 2016.
- Funds reported $18.4M of Parke Bancorp stock for Q3 2016, up 20% quarter-over-quarter.
- 4 funds opened new Parke Bancorp positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest Parke Bancorp buyer in Q3 2016 was Morgan Stanley, an estimated $577K added.
- The largest Parke Bancorp seller in Q3 2016 was Banc Funds Company, an estimated $1.88M sold.
Based on aggregated 13F filings for Q3 2016.