Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
45 hedge funds and large institutions have $50.9M invested in Pacific Mercantile Bancorp in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 24 reducing their positions, and 8 closing their positions.
12% less funds holding
Funds holding: 51 → 45 (-6)
14% less capital invested
Capital invested by funds: $59.1M → $50.9M (-$8.29M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
71% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 24
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.77M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$173K |
| 3 |
BlackRock
New York
|
+$76K |
| 4 |
Millennium Management
New York
|
+$17.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$8.01M |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.15M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.08M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$211K |
| 5 |
Jane Street
New York
|
-$198K |
PMBC Hedge Fund Activity: Q3 2020 in Review
45 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2020, worth a combined $50.9M — down 14% from $59.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PMBC and 2 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 7 added.
The largest buyer was Fourthstone LLC, adding an estimated $2.77M. The largest seller was Patriot Financial Partners, cutting an estimated $8.01M.
- 45 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2020, down from 51 in Q2 2020.
- Funds reported $50.9M of Pacific Mercantile Bancorp stock for Q3 2020, down 14% quarter-over-quarter.
- 2 funds opened new Pacific Mercantile Bancorp positions in Q3 2020 and 8 closed out, a net change of -6 holders.
- The largest Pacific Mercantile Bancorp buyer in Q3 2020 was Fourthstone LLC, an estimated $2.77M added.
- The largest Pacific Mercantile Bancorp seller in Q3 2020 was Patriot Financial Partners, an estimated $8.01M sold.
Based on aggregated 13F filings for Q3 2020.