Pacific Mercantile Bancorp
PMBC
PMBC was delisted on the 18th of October, 2021.
60 hedge funds and large institutions have $105M invested in Pacific Mercantile Bancorp in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 6 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
0% more funds holding
Funds holding: 60 → 60 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
24% less capital invested
Capital invested by funds: $139M → $105M (-$33.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.88M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$401K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$357K |
| 4 |
JP Morgan Chase
New York
|
+$311K |
| 5 |
Renaissance Technologies
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
-$4.94M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.48M |
| 3 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$870K |
| 4 |
Millennium Management
New York
|
-$367K |
| 5 |
First Manhattan
New York
|
-$171K |
PMBC Hedge Fund Activity: Q4 2018 in Review
60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pacific Mercantile Bancorp (PMBC) for Q4 2018, worth a combined $105M — down 24% from $139M a quarter earlier.
Fund positioning in PMBC was balanced in Q4 2018: 6 funds opened new positions, 6 closed out, 22 added to existing stakes and 15 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $1.88M. The largest seller was Clover Partners, exiting entirely with an estimated $4.94M sold.
- 60 institutional investors held Pacific Mercantile Bancorp (PMBC) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $105M of Pacific Mercantile Bancorp stock for Q4 2018, down 24% quarter-over-quarter.
- 6 funds opened new Pacific Mercantile Bancorp positions in Q4 2018 and 6 closed out, a net change of 0 holders.
- The largest Pacific Mercantile Bancorp buyer in Q4 2018 was Banc Funds Company, an estimated $1.88M added.
- The largest Pacific Mercantile Bancorp seller in Q4 2018 was Clover Partners, an estimated $4.94M sold.
Based on aggregated 13F filings for Q4 2018.