Patriot National Bancorp
PNBK
14 hedge funds and large institutions have $626K invested in Patriot National Bancorp in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
40% more funds holding
Funds holding: 10 → 14 (+4)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
31% less capital invested
Capital invested by funds: $906K → $626K (-$279K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.9K |
| 2 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
+$35K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$17K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.94K |
| 5 |
Morgan Stanley
New York
|
+$583 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
-$200K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.6K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$3.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTI
1
Fiduciary Trust International
Lincoln,
Massachusetts
| $213K | -$200K | -17,185 | -46% |
|
|
2
Dimensional Fund Advisors
Austin,
Texas
| $156K | -$16.6K | -1,427 | -9% |
|
|
HCM
3
Highlander Capital Management
Short Hills,
New Jersey
| $73.1K | +$35K | +3,000 | +74% |
|
|
4
Vanguard Group
Malvern,
Pennsylvania
| $62K | +$48.9K | +4,198 | +242% |
|
|
SM
5
Salzhauer Michael
| $25K | +$28.3K | +2,429 | New |
|
6
California Public Employees Retirement System
Sacramento,
California
| $23K | – | – | – |
|
|
7
Citadel Advisors
Miami,
Florida
| $19K | +$8.94K | +767 | +75% |
|
8
Geode Capital Management
Boston,
Massachusetts
| $17K | – | – | – |
|
9
State Street
Boston,
Massachusetts
| $15K | – | – | – |
|
|
10
Northern Trust
Chicago,
Illinois
| $15K | +$17K | +1,461 | New |
|
|
U
11
UBS
Zurich,
Switzerland
| $7K | -$3.3K | -283 | -28% |
|
|
12
Morgan Stanley
New York
| $1K | +$583 | +50 | New |
|
13
Bank of America
Charlotte,
North Carolina
| – | +$23 | +2 | New |
|
14
Citigroup
New York
| – | +$117 | +10 | New |
|
PNBK Hedge Fund Activity: Q4 2013 in Review
14 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q4 2013, worth a combined $626K — down 31% from $906K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PNBK positions and 1 closed out — a net gain of 4 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Vanguard Group, adding an estimated $48.9K. The largest seller was Fiduciary Trust International, cutting an estimated $200K.
- 14 institutional investors held Patriot National Bancorp (PNBK) as of Q4 2013, up from 10 in Q3 2013.
- Funds reported $626K of Patriot National Bancorp stock for Q4 2013, down 31% quarter-over-quarter.
- 5 funds opened new Patriot National Bancorp positions in Q4 2013 and 1 closed out, a net change of +4 holders.
- The largest Patriot National Bancorp buyer in Q4 2013 was Vanguard Group, an estimated $48.9K added.
- The largest Patriot National Bancorp seller in Q4 2013 was Fiduciary Trust International, an estimated $200K sold.
Based on aggregated 13F filings for Q4 2013.