Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
48 hedge funds and large institutions have $165M invested in Pacific Mercantile Bancorp in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 7 closing their positions.
25% more capital invested
Capital invested by funds: $131M → $165M (+$33.4M)
4% less funds holding
Funds holding: 50 → 48 (-2)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$21.8M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.14M |
| 3 |
PCM
Prelude Capital Management
New York
|
+$1.09M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$915K |
| 5 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.79M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$829K |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$745K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$643K |
| 5 |
First Manhattan
New York
|
-$597K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| – | -$21K | -2,402 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$15K | -1,716 | Closed |
|
53
Citigroup
New York
| – | -$1K | -110 | Closed |
|
54
Osaic Holdings
Scottsdale,
Arizona
| – | -$208 | -24 | -67% |
|
PMBC Hedge Fund Activity: Q3 2021 in Review
48 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2021, worth a combined $165M — up 25% from $131M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PMBC and 5 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $21.8M. The largest seller was Yakira Capital Management, cutting an estimated $1.79M.
- 48 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2021, down from 50 in Q2 2021.
- Funds reported $165M of Pacific Mercantile Bancorp stock for Q3 2021, up 25% quarter-over-quarter.
- 5 funds opened new Pacific Mercantile Bancorp positions in Q3 2021 and 7 closed out, a net change of -2 holders.
- The largest Pacific Mercantile Bancorp buyer in Q3 2021 was Patriot Financial Partners, an estimated $21.8M added.
- The largest Pacific Mercantile Bancorp seller in Q3 2021 was Yakira Capital Management, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2021.