Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
55 hedge funds and large institutions have $77.5M invested in Pacific Mercantile Bancorp in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 55 → 55 (0)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
40% less capital invested
Capital invested by funds: $130M → $77.5M (-$52.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.94M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.85M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$326K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$306K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$676K |
| 2 |
Morgan Stanley
New York
|
-$311K |
| 3 |
State Street
Boston,
Massachusetts
|
-$287K |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$210K |
| 5 |
Millennium Management
New York
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $28.6K | +$8.7K | +1,346 | +28% |
|
52
Legal & General Group
London,
United Kingdom
| $12K | -$5.23K | -810 | -24% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $6K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | -$14.3K | -2,221 | -78% |
|
|
PAM
55
Panagora Asset Management
Boston,
Massachusetts
| $2K | – | – | – |
|
|
56
Millennium Management
New York
| – | -$113K | -13,879 | Closed |
|
|
OSAM
57
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$45K | -5,503 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -125 | Closed |
|
PMBC Hedge Fund Activity: Q1 2020 in Review
55 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q1 2020, worth a combined $77.5M — down 40% from $130M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PMBC positions and 3 closed out — a net gain of 1 holder — while 18 added to existing stakes and 22 trimmed.
The largest buyer was BHZ Capital Management, adding an estimated $1.94M. The largest seller was Renaissance Technologies, cutting an estimated $676K.
- 55 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $77.5M of Pacific Mercantile Bancorp stock for Q1 2020, down 40% quarter-over-quarter.
- 4 funds opened new Pacific Mercantile Bancorp positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Pacific Mercantile Bancorp buyer in Q1 2020 was BHZ Capital Management, an estimated $1.94M added.
- The largest Pacific Mercantile Bancorp seller in Q1 2020 was Renaissance Technologies, an estimated $676K sold.
Based on aggregated 13F filings for Q1 2020.