Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
50 hedge funds and large institutions have $104M invested in Pacific Mercantile Bancorp in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 4 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $100M → $104M (+$3.41M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 51 → 50 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$330K |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$210K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$198K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$185K |
| 5 |
Renaissance Technologies
New York
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$782K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$761K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$142K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$136K |
| 5 |
Millennium Management
New York
|
-$100K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$100K | -11,345 | Closed |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| – | -$4K | -503 | Closed |
|
53
Creative Planning
Overland Park,
Kansas
| – | -$2K | -200 | Closed |
|
54
Citigroup
New York
| – | -$1.36K | -162 | -98% |
|
PMBC Hedge Fund Activity: Q3 2017 in Review
50 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2017, worth a combined $104M — up 3.4% from $100M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PMBC and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 16 added.
The largest buyer was JP Morgan Chase, adding an estimated $330K. The largest seller was Endeavour Capital Advisors, cutting an estimated $782K.
- 50 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2017, down from 51 in Q2 2017.
- Funds reported $104M of Pacific Mercantile Bancorp stock for Q3 2017, up 3.4% quarter-over-quarter.
- 3 funds opened new Pacific Mercantile Bancorp positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest Pacific Mercantile Bancorp buyer in Q3 2017 was JP Morgan Chase, an estimated $330K added.
- The largest Pacific Mercantile Bancorp seller in Q3 2017 was Endeavour Capital Advisors, an estimated $782K sold.
Based on aggregated 13F filings for Q3 2017.