Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
55 hedge funds and large institutions have $130M invested in Pacific Mercantile Bancorp in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 9 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
11% more capital invested
Capital invested by funds: $117M → $130M (+$12.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 59 → 55 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.56M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.78M |
| 4 |
Renaissance Technologies
New York
|
+$999K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$9.35M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.23M |
| 3 |
First Manhattan
New York
|
-$1.02M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$597K |
| 5 |
JP Morgan Chase
New York
|
-$341K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| $28K | – | – | – |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $23K | +$5.6K | +766 | +37% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $10K | – | – | – |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| $4K | – | – | – |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
FCM
56
FJ Capital Management
Mclean,
Virginia
| – | -$9.35M | -1,245,000 | Closed |
|
|
57
Russell Investments Group
London,
United Kingdom
| – | -$597K | -79,490 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$94K | -12,521 | Closed |
|
|
AG
59
Advisor Group
Phoenix,
Arizona
| – | -$38K | -5,000 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$35K | -4,624 | Closed |
|
61
Victory Capital Management
San Antonio,
Texas
| – | -$24K | -3,132 | Closed |
|
|
MAM
62
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -721 | Closed |
|
|
CAW
63
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -314 | Closed |
|
PMBC Hedge Fund Activity: Q4 2019 in Review
55 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q4 2019, worth a combined $130M — up 11% from $117M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PMBC and 5 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 24 added.
The largest buyer was BlackRock, adding an estimated $5.2M. The largest seller was FJ Capital Management, exiting entirely with an estimated $9.35M sold.
- 55 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q4 2019, down from 59 in Q3 2019.
- Funds reported $130M of Pacific Mercantile Bancorp stock for Q4 2019, up 11% quarter-over-quarter.
- 5 funds opened new Pacific Mercantile Bancorp positions in Q4 2019 and 9 closed out, a net change of -4 holders.
- The largest Pacific Mercantile Bancorp buyer in Q4 2019 was BlackRock, an estimated $5.2M added.
- The largest Pacific Mercantile Bancorp seller in Q4 2019 was FJ Capital Management, an estimated $9.35M sold.
Based on aggregated 13F filings for Q4 2019.