Parke Bancorp
PKBK
64 hedge funds and large institutions have $63.7M invested in Parke Bancorp in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 28 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0.29% more ownership
Funds ownership: 39.57% → 39.86% (+0.29%)
3% less capital inflows, than outflows
Capital inflows: $7.04M | Capital outflows: $7.29M
2% less funds holding
Funds holding: 65 → 64 (-1)
32% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$677K |
| 3 |
Basswood Capital Management
New York
|
+$482K |
| 4 |
BlackRock
New York
|
+$462K |
| 5 |
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$3.86M |
| 2 |
Essex Investment Management
Boston,
Massachusetts
|
-$1.03M |
| 3 |
Cutler Capital Management
Worcester,
Massachusetts
|
-$584K |
| 4 |
Morgan Stanley
New York
|
-$237K |
| 5 |
Zebra Capital Management
Stamford,
Connecticut
|
-$225K |
PKBK Hedge Fund Activity: Q1 2020 in Review
64 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q1 2020, worth a combined $63.7M — down 41% from $107M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PKBK positions and 6 closed out — a net gain of 1 holder — while 19 added to existing stakes and 28 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.16M. The largest seller was Philadelphia Trust Company, exiting entirely with an estimated $3.86M sold.
- 64 institutional investors held Parke Bancorp (PKBK) as of Q1 2020, down from 65 in Q4 2019.
- Funds reported $63.7M of Parke Bancorp stock for Q1 2020, down 41% quarter-over-quarter.
- 7 funds opened new Parke Bancorp positions in Q1 2020 and 6 closed out, a net change of +1 holder.
- The largest Parke Bancorp buyer in Q1 2020 was Susquehanna International Group, an estimated $3.16M added.
- The largest Parke Bancorp seller in Q1 2020 was Philadelphia Trust Company, an estimated $3.86M sold.
Based on aggregated 13F filings for Q1 2020.