Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
50 hedge funds and large institutions have $132M invested in Pacific Mercantile Bancorp in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
83% more capital invested
Capital invested by funds: $72.1M → $132M (+$59.7M)
22% more funds holding
Funds holding: 41 → 50 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$10.8M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$3.46M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$3.09M |
| 4 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$1.63M |
| 5 |
E
Ergoteles
New York
|
+$782K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$7.19M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$5.57M |
| 3 |
First Manhattan
New York
|
-$3.35M |
| 4 |
BlackRock
New York
|
-$583K |
| 5 |
Renaissance Technologies
New York
|
-$514K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
51
Raymond James & Associates
St Petersburg,
Florida
| – | -$180K | -35,000 | Closed |
|
52
HSBC Holdings
London,
United Kingdom
| – | -$156K | -29,806 | Closed |
|
|
PWPS
53
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$16K | -3,178 | Closed |
|
54
JP Morgan Chase
New York
| – | -$35 | -5 | -9% |
|
PMBC Hedge Fund Activity: Q1 2021 in Review
50 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q1 2021, worth a combined $132M — up 83% from $72.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PMBC positions and 4 closed out — a net gain of 9 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $10.8M. The largest seller was Fourthstone LLC, cutting an estimated $7.19M.
- 50 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q1 2021, up from 41 in Q4 2020.
- Funds reported $132M of Pacific Mercantile Bancorp stock for Q1 2021, up 83% quarter-over-quarter.
- 13 funds opened new Pacific Mercantile Bancorp positions in Q1 2021 and 4 closed out, a net change of +9 holders.
- The largest Pacific Mercantile Bancorp buyer in Q1 2021 was FJ Capital Management, an estimated $10.8M added.
- The largest Pacific Mercantile Bancorp seller in Q1 2021 was Fourthstone LLC, an estimated $7.19M sold.
Based on aggregated 13F filings for Q1 2021.