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Parke Bancorp

71 hedge funds and large institutions have $90.9M invested in Parke Bancorp in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 20

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.19% less ownership

Funds ownership: 43.37%43.18% (-0.19%)

1% less funds holding

Funds holding: 7271 (-1)

9% less capital invested

Capital invested by funds: $100M → $90.9M (-$9.5M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
71
Holders Change
-1
Holders Change %
-1.39%
% of All Funds
1.13%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
30
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$9.89M -$5.93K -298 -0.1%
MI
2
M3F Inc
Utah
$9.6M +$42.8K +2,150 +0.4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$8.87M +$458K +23,007 +5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$6.29M +$396K +19,907 +6%
PRCP
5
Pacific Ridge Capital Partners
Oregon
$5.4M -$45.3K -2,276 -0.7%
CCM
6
Cutler Capital Management
Massachusetts
$5.36M +$125K +6,258 +2%
BCM
7
Basswood Capital Management
New York
$5.06M
BCM
8
BHZ Capital Management
California
$3.54M -$19.4K -973 -0.5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$3.23M +$285K +14,332 +9%
PTC
10
Philadelphia Trust Company
Pennsylvania
$2.89M
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$2.82M
SCP
12
Siena Capital Partners
Illinois
$2.57M
State Street
13
State Street
Massachusetts
$2.39M +$192K +9,661 +8%
Hotchkis & Wiley Capital Management
14
Hotchkis & Wiley Capital Management
California
$2.07M +$75.7K +3,800 +3%
Renaissance Technologies
15
Renaissance Technologies
New York
$1.89M -$165K -8,287 -7%
CSC
16
Caldwell Sutter Capital
California
$1.8M +$8.38K +421 +0.4%
BGIM
17
Brandywine Global Investment Management
Pennsylvania
$1.8M -$538 -27 -0%
BCM
18
Bridgeway Capital Management
Texas
$1.61M +$73.7K +3,700 +4%
Northern Trust
19
Northern Trust
Illinois
$1.44M -$47.1K -2,363 -3%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$1.41M -$923K -46,349 -37%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.18M -$61.6K -3,092 -4%
American Century Companies
22
American Century Companies
Missouri
$1.12M +$21.7K +1,089 +2%
PH
23
Pinnacle Holdings
Oklahoma
$897K +$125K +6,280 +14%
First Manhattan
24
First Manhattan
New York
$732K
MP
25
McDonald Partners
Ohio
$684K

PKBK Hedge Fund Activity: Q1 2023 in Review

71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q1 2023, worth a combined $90.9M — down 9.5% from $100M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of PKBK and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 30 added.

The largest buyer was Vanguard Group, adding an estimated $458K. The largest seller was Morgan Dempsey Capital Management, exiting entirely with an estimated $1.08M sold.

  • 71 institutional investors held Parke Bancorp (PKBK) as of Q1 2023, down from 72 in Q4 2022.
  • Funds reported $90.9M of Parke Bancorp stock for Q1 2023, down 9.5% quarter-over-quarter.
  • 4 funds opened new Parke Bancorp positions in Q1 2023 and 5 closed out, a net change of -1 holder.
  • The largest Parke Bancorp buyer in Q1 2023 was Vanguard Group, an estimated $458K added.
  • The largest Parke Bancorp seller in Q1 2023 was Morgan Dempsey Capital Management, an estimated $1.08M sold.

Based on aggregated 13F filings for Q1 2023.