Parke Bancorp
PKBK
65 hedge funds and large institutions have $79.1M invested in Parke Bancorp in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 6 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
17% more capital invested
Capital invested by funds: $67.6M → $79.1M (+$11.4M)
0.51% more ownership
Funds ownership: 38.23% → 38.74% (+0.51%)
2% less funds holding
Funds holding: 66 → 65 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.82M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$526K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$452K |
| 4 |
State Street
Boston,
Massachusetts
|
+$442K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$309K |
| 2 |
BlackRock
New York
|
-$281K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$266K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$233K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$130K |
PKBK Hedge Fund Activity: Q1 2019 in Review
65 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q1 2019, worth a combined $79.1M — up 17% from $67.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PKBK and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 25 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.82M. The largest seller was Morgan Stanley, cutting an estimated $309K.
- 65 institutional investors held Parke Bancorp (PKBK) as of Q1 2019, down from 66 in Q4 2018.
- Funds reported $79.1M of Parke Bancorp stock for Q1 2019, up 17% quarter-over-quarter.
- 5 funds opened new Parke Bancorp positions in Q1 2019 and 6 closed out, a net change of -1 holder.
- The largest Parke Bancorp buyer in Q1 2019 was Basswood Capital Management, an estimated $1.82M added.
- The largest Parke Bancorp seller in Q1 2019 was Morgan Stanley, an estimated $309K sold.
Based on aggregated 13F filings for Q1 2019.