Parke Bancorp
PKBK
64 hedge funds and large institutions have $76M invested in Parke Bancorp in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
60% more capital invested
Capital invested by funds: $47.4M → $76M (+$28.6M)
7% more funds holding
Funds holding: 60 → 64 (+4)
5.67% more ownership
Funds ownership: 34.38% → 40.05% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$9.86M |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$1.89M |
| 3 |
Renaissance Technologies
New York
|
+$1.41M |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$1.33M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$910K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$3.43M |
| 2 |
Axa
Paris,
France
|
-$655K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$416K |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$226K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$62.5K |
PKBK Hedge Fund Activity: Q2 2018 in Review
64 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q2 2018, worth a combined $76M — up 60% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PKBK positions and 3 closed out — a net gain of 4 holders — while 29 added to existing stakes and 18 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $9.86M. The largest seller was EJF Capital, exiting entirely with an estimated $3.43M sold.
- 64 institutional investors held Parke Bancorp (PKBK) as of Q2 2018, up from 60 in Q1 2018.
- Funds reported $76M of Parke Bancorp stock for Q2 2018, up 60% quarter-over-quarter.
- 7 funds opened new Parke Bancorp positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Parke Bancorp buyer in Q2 2018 was Basswood Capital Management, an estimated $9.86M added.
- The largest Parke Bancorp seller in Q2 2018 was EJF Capital, an estimated $3.43M sold.
Based on aggregated 13F filings for Q2 2018.