Parke Bancorp
PKBK
62 hedge funds and large institutions have $73.7M invested in Parke Bancorp in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 6 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
28% more capital invested
Capital invested by funds: $57.4M → $73.7M (+$16.3M)
0.66% less ownership
Funds ownership: 40.58% → 39.92% (-0.66%)
2% less funds holding
Funds holding: 63 → 62 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.42M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.48M |
| 3 |
BlackRock
New York
|
+$595K |
| 4 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$486K |
| 5 |
JP Morgan Chase
New York
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.58M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$804K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$409K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$165K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$113K |
PKBK Hedge Fund Activity: Q4 2020 in Review
62 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q4 2020, worth a combined $73.7M — up 28% from $57.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PKBK and 5 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 23 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $2.42M. The largest seller was Basswood Capital Management, cutting an estimated $6.58M.
- 62 institutional investors held Parke Bancorp (PKBK) as of Q4 2020, down from 63 in Q3 2020.
- Funds reported $73.7M of Parke Bancorp stock for Q4 2020, up 28% quarter-over-quarter.
- 5 funds opened new Parke Bancorp positions in Q4 2020 and 6 closed out, a net change of -1 holder.
- The largest Parke Bancorp buyer in Q4 2020 was Goldman Sachs, an estimated $2.42M added.
- The largest Parke Bancorp seller in Q4 2020 was Basswood Capital Management, an estimated $6.58M sold.
Based on aggregated 13F filings for Q4 2020.