Patriot National Bancorp
PNBK
10 hedge funds and large institutions have $501K invested in Patriot National Bancorp in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
20% less capital invested
Capital invested by funds: $626K → $501K (-$125K)
29% less funds holding
Funds holding: 14 → 10 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.3K |
| 2 |
Morgan Stanley
New York
|
+$82 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
-$213K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$19K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$15K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$235 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Dimensional Fund Advisors
Austin,
Texas
| $194K | -$235 | -20 | -0.1% |
|
|
2
Vanguard Group
Malvern,
Pennsylvania
| $103K | +$24.3K | +2,070 | +35% |
|
|
HCM
3
Highlander Capital Management
Short Hills,
New Jersey
| $90.1K | – | – | – |
|
|
SM
4
Salzhauer Michael
| $31K | – | – | – |
|
5
California Public Employees Retirement System
Sacramento,
California
| $28K | – | – | – |
|
6
Geode Capital Management
Boston,
Massachusetts
| $21K | – | – | – |
|
7
State Street
Boston,
Massachusetts
| $18K | – | – | – |
|
|
U
8
UBS
Zurich,
Switzerland
| $9K | – | – | – |
|
|
MSFP
9
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| $6K | +$5.86K | +500 | New |
|
|
10
Morgan Stanley
New York
| $1K | +$82 | +7 | +14% |
|
|
FTI
11
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$213K | -20,500 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$19K | -1,784 | Closed |
|
|
13
Northern Trust
Chicago,
Illinois
| – | -$15K | -1,461 | Closed |
|
PNBK Hedge Fund Activity: Q1 2014 in Review
10 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q1 2014, worth a combined $501K — down 20% from $626K a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PNBK and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Vanguard Group, adding an estimated $24.3K. The largest seller was Fiduciary Trust International, exiting entirely with an estimated $213K sold.
- 10 institutional investors held Patriot National Bancorp (PNBK) as of Q1 2014, down from 14 in Q4 2013.
- Funds reported $501K of Patriot National Bancorp stock for Q1 2014, down 20% quarter-over-quarter.
- 1 fund opened new Patriot National Bancorp positions in Q1 2014 and 5 closed out, a net change of -4 holders.
- The largest Patriot National Bancorp buyer in Q1 2014 was Vanguard Group, an estimated $24.3K added.
- The largest Patriot National Bancorp seller in Q1 2014 was Fiduciary Trust International, an estimated $213K sold.
Based on aggregated 13F filings for Q1 2014.