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Parke Bancorp

66 hedge funds and large institutions have $67.6M invested in Parke Bancorp in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

92% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 13

5% more funds holding

Funds holding: 6366 (+3)

3.39% less ownership

Funds ownership: 41.62%38.23% (-3.4%)

10% less capital invested

Capital invested by funds: $75M → $67.6M (-$7.34M)

Holders
66
Holders Change
+3
Holders Change %
+4.76%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
25
Reduced
13
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$6.84M
BlackRock
2
BlackRock
New York
$6.67M +$276K +15,594 +4%
BCM
3
Basswood Capital Management
New York
$6.5M -$1.03M -57,983 -13%
Vanguard Group
4
Vanguard Group
Pennsylvania
$6.35M +$1.12M +63,010 +20%
BCM
5
BHZ Capital Management
California
$4.78M +$1.73M +97,788 +53%
CCM
6
Cutler Capital Management
Massachusetts
$3.82M +$575K +32,478 +17%
PTC
7
Philadelphia Trust Company
Pennsylvania
$3.07M
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$2.64M +$383K +21,608 +16%
State of New Jersey Common Pension Fund D
9
State of New Jersey Common Pension Fund D
New Jersey
$2.59M
PRCP
10
Pacific Ridge Capital Partners
Oregon
$2.54M +$771K +43,505 +41%
Renaissance Technologies
11
Renaissance Technologies
New York
$2.19M -$425K -23,987 -16%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$2.18M +$1.08M +60,935 +90%
State Street
13
State Street
Massachusetts
$1.69M -$57.6K -3,249 -3%
BCM
14
Bridgeway Capital Management
Texas
$1.48M +$746K +42,130 +94%
Northern Trust
15
Northern Trust
Illinois
$1.43M +$30K +1,695 +2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.09M +$55K +3,107 +5%
LSV Asset Management
17
LSV Asset Management
Illinois
$1.06M -$117K -6,585 -10%
PH
18
Pinnacle Holdings
Oklahoma
$990K
WS
19
Wedbush Securities
California
$837K +$93.5K +5,280 +12%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$832K +$234K +13,182 +37%
First Manhattan
21
First Manhattan
New York
$712K
MAM
22
Martingale Asset Management
Massachusetts
$623K +$50.7K +2,860 +8%
Deutsche Bank
23
Deutsche Bank
Germany
$616K -$661K -37,290 -51%
Wells Fargo
24
Wells Fargo
California
$606K +$23K +1,297 +4%
BGIM
25
Brandywine Global Investment Management
Pennsylvania
$471K

PKBK Hedge Fund Activity: Q4 2018 in Review

66 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q4 2018, worth a combined $67.6M — down 9.8% from $75M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new PKBK positions and 2 closed out — a net gain of 3 holders — while 25 added to existing stakes and 13 trimmed.

The largest buyer was BHZ Capital Management, adding an estimated $1.73M. The largest seller was Basswood Capital Management, cutting an estimated $1.03M.

  • 66 institutional investors held Parke Bancorp (PKBK) as of Q4 2018, up from 63 in Q3 2018.
  • Funds reported $67.6M of Parke Bancorp stock for Q4 2018, down 9.8% quarter-over-quarter.
  • 5 funds opened new Parke Bancorp positions in Q4 2018 and 2 closed out, a net change of +3 holders.
  • The largest Parke Bancorp buyer in Q4 2018 was BHZ Capital Management, an estimated $1.73M added.
  • The largest Parke Bancorp seller in Q4 2018 was Basswood Capital Management, an estimated $1.03M sold.

Based on aggregated 13F filings for Q4 2018.