Parke Bancorp
PKBK
69 hedge funds and large institutions have $85M invested in Parke Bancorp in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 3 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.33% less ownership
Funds ownership: 43.91% → 43.58% (-0.33%)
5% less capital invested
Capital invested by funds: $89.2M → $85M (-$4.24M)
3% less funds holding
Funds holding: 71 → 69 (-2)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$841K |
| 2 |
Morgan Stanley
New York
|
+$484K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$395K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$172K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.03M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$989K |
| 3 |
Goldman Sachs
New York
|
-$204K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$62.2K |
| 5 |
BlackRock
New York
|
-$58.1K |
PKBK Hedge Fund Activity: Q3 2023 in Review
69 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q3 2023, worth a combined $85M — down 4.8% from $89.2M a quarter earlier.
Fund positioning in PKBK was balanced in Q3 2023: 3 funds opened new positions, 3 closed out, 23 added to existing stakes and 20 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $841K. The largest seller was BHZ Capital Management, cutting an estimated $1.03M.
- 69 institutional investors held Parke Bancorp (PKBK) as of Q3 2023, down from 71 in Q2 2023.
- Funds reported $85M of Parke Bancorp stock for Q3 2023, down 4.8% quarter-over-quarter.
- 3 funds opened new Parke Bancorp positions in Q3 2023 and 3 closed out, a net change of 0 holders.
- The largest Parke Bancorp buyer in Q3 2023 was Dimensional Fund Advisors, an estimated $841K added.
- The largest Parke Bancorp seller in Q3 2023 was BHZ Capital Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2023.