Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
60 hedge funds and large institutions have $139M invested in Pacific Mercantile Bancorp in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 10 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 10
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
34% more capital invested
Capital invested by funds: $104M → $139M (+$35M)
7% more funds holding
Funds holding: 56 → 60 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$21.4M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$8.82M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$6.16M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$4.83M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.08M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$641K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$277K |
| 4 |
First Manhattan
New York
|
-$219K |
| 5 |
CP
Clover Partners
Dallas,
Texas
|
-$204K |
PMBC Hedge Fund Activity: Q3 2018 in Review
60 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q3 2018, worth a combined $139M — up 34% from $104M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PMBC positions and 5 closed out — a net gain of 4 holders — while 28 added to existing stakes and 10 trimmed.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $21.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $2.08M.
- 60 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q3 2018, up from 56 in Q2 2018.
- Funds reported $139M of Pacific Mercantile Bancorp stock for Q3 2018, up 34% quarter-over-quarter.
- 9 funds opened new Pacific Mercantile Bancorp positions in Q3 2018 and 5 closed out, a net change of +4 holders.
- The largest Pacific Mercantile Bancorp buyer in Q3 2018 was Patriot Financial Partners, an estimated $21.4M added.
- The largest Pacific Mercantile Bancorp seller in Q3 2018 was T. Rowe Price Associates, an estimated $2.08M sold.
Based on aggregated 13F filings for Q3 2018.