Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
47 hedge funds and large institutions have $81.6M invested in Pacific Mercantile Bancorp in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
11% more capital invested
Capital invested by funds: $73.6M → $81.6M (+$7.93M)
2% more funds holding
Funds holding: 46 → 47 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.08M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$252K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$211K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Clinton Group
New York
|
-$1.75M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.62M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.39M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$432K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
TFS Capital
West Chester,
Pennsylvania
| – | -$115K | -16,139 | Closed |
|
|
FNBT
52
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$36K | -5,000 | Closed |
|
53
Acadian Asset Management
Boston,
Massachusetts
| – | -$11K | -1,612 | Closed |
|
54
Citigroup
New York
| – | -$11K | -1,525 | Closed |
|
PMBC Hedge Fund Activity: Q3 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2016, worth a combined $81.6M — up 11% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PMBC positions and 7 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $7M. The largest seller was Clinton Group, exiting entirely with an estimated $1.75M sold.
- 47 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2016, up from 46 in Q2 2016.
- Funds reported $81.6M of Pacific Mercantile Bancorp stock for Q3 2016, up 11% quarter-over-quarter.
- 8 funds opened new Pacific Mercantile Bancorp positions in Q3 2016 and 7 closed out, a net change of +1 holder.
- The largest Pacific Mercantile Bancorp buyer in Q3 2016 was EJF Capital, an estimated $7M added.
- The largest Pacific Mercantile Bancorp seller in Q3 2016 was Clinton Group, an estimated $1.75M sold.
Based on aggregated 13F filings for Q3 2016.