Parke Bancorp
PKBK
63 hedge funds and large institutions have $75M invested in Parke Bancorp in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 6 closing their positions.
170% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 10
1.57% more ownership
Funds ownership: 40.05% → 41.62% (+1.6%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less capital invested
Capital invested by funds: $76M → $75M (-$1.04M)
2% less funds holding
Funds holding: 64 → 63 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.42M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$713K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$595K |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$309K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.59M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$357K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$257K |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$202K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$157K |
PKBK Hedge Fund Activity: Q3 2018 in Review
63 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q3 2018, worth a combined $75M — down 1.4% from $76M a quarter earlier.
Fund positioning in PKBK was balanced in Q3 2018: 6 funds opened new positions, 6 closed out, 27 added to existing stakes and 10 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $1.42M. The largest seller was Basswood Capital Management, cutting an estimated $1.59M.
- 63 institutional investors held Parke Bancorp (PKBK) as of Q3 2018, down from 64 in Q2 2018.
- Funds reported $75M of Parke Bancorp stock for Q3 2018, down 1.4% quarter-over-quarter.
- 6 funds opened new Parke Bancorp positions in Q3 2018 and 6 closed out, a net change of 0 holders.
- The largest Parke Bancorp buyer in Q3 2018 was Fidelity Investments, an estimated $1.42M added.
- The largest Parke Bancorp seller in Q3 2018 was Basswood Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2018.