Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
59 hedge funds and large institutions have $117M invested in Pacific Mercantile Bancorp in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 3 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
2% less funds holding
Funds holding: 60 → 59 (-1)
7% less capital invested
Capital invested by funds: $126M → $117M (-$8.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$1.97M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$823K |
| 3 |
Renaissance Technologies
New York
|
+$508K |
| 4 |
BlackRock
New York
|
+$361K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.44M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$288K |
| 3 |
First Manhattan
New York
|
-$254K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$169K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $20.6K | +$306 | +39 | +1% |
|
52
Citigroup
New York
| $17K | -$21.4K | -2,727 | -55% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $16K | +$1.04K | +132 | +7% |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $9K | – | – | – |
|
|
MAM
55
Meeder Asset Management
Dublin,
Ohio
| $5K | -$6.84K | -870 | -55% |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| $4K | -$39.9K | -5,083 | -91% |
|
|
CAW
57
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $2K | -$2.63K | -335 | -52% |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
59
AllianceBernstein
Nashville,
Tennessee
| – | -$1.44M | -174,685 | Closed |
|
60
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$109K | -13,218 | Closed |
|
|
FFA
61
First Foundation Advisors
Irvine,
California
| – | -$104K | -12,568 | Closed |
|
PMBC Hedge Fund Activity: Q3 2019 in Review
59 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2019, worth a combined $117M — down 6.9% from $126M a quarter earlier.
Fund positioning in PMBC was balanced in Q3 2019: 3 funds opened new positions, 3 closed out, 20 added to existing stakes and 17 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $1.97M. The largest seller was AllianceBernstein, exiting entirely with an estimated $1.44M sold.
- 59 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2019, down from 60 in Q2 2019.
- Funds reported $117M of Pacific Mercantile Bancorp stock for Q3 2019, down 6.9% quarter-over-quarter.
- 3 funds opened new Pacific Mercantile Bancorp positions in Q3 2019 and 3 closed out, a net change of 0 holders.
- The largest Pacific Mercantile Bancorp buyer in Q3 2019 was Elizabeth Park Capital Advisors, an estimated $1.97M added.
- The largest Pacific Mercantile Bancorp seller in Q3 2019 was AllianceBernstein, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2019.