Patriot National Bancorp
PNBK
11 hedge funds and large institutions have $723K invested in Patriot National Bancorp in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
26% more capital invested
Capital invested by funds: $573K → $723K (+$150K)
15% less funds holding
Funds holding: 13 → 11 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.7K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.94K |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$987 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
-$20.8K |
| 2 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$4K |
| 3 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
-$1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Dimensional Fund Advisors
Austin,
Texas
| $260K | – | – | – |
|
|
2
Vanguard Group
Malvern,
Pennsylvania
| $202K | +$43.7K | +2,527 | +28% |
|
|
HCM
3
Highlander Capital Management
Short Hills,
New Jersey
| $102K | -$20.8K | -1,200 | -17% |
|
|
SM
4
Salzhauer Michael
| $43K | – | – | – |
|
5
California Public Employees Retirement System
Sacramento,
California
| $37K | – | – | – |
|
6
Geode Capital Management
Boston,
Massachusetts
| $28K | – | – | – |
|
7
State Street
Boston,
Massachusetts
| $25K | – | – | – |
|
|
U
8
UBS
Zurich,
Switzerland
| $15K | +$1.94K | +112 | +15% |
|
|
MSFP
9
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| $9K | – | – | – |
|
10
Morgan Stanley
New York
| $1K | – | – | – |
|
|
BIM
11
BlackRock Investment Management
Wilmington,
Delaware
| $1K | +$987 | +57 | New |
|
|
TDC
12
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -300 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$1K | -99 | Closed |
|
|
GSC
14
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$1K | -40 | Closed |
|
PNBK Hedge Fund Activity: Q3 2014 in Review
11 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q3 2014, worth a combined $723K — up 26% from $573K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNBK and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Vanguard Group, adding an estimated $43.7K. The largest seller was Highlander Capital Management, cutting an estimated $20.8K.
- 11 institutional investors held Patriot National Bancorp (PNBK) as of Q3 2014, down from 13 in Q2 2014.
- Funds reported $723K of Patriot National Bancorp stock for Q3 2014, up 26% quarter-over-quarter.
- 1 fund opened new Patriot National Bancorp positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest Patriot National Bancorp buyer in Q3 2014 was Vanguard Group, an estimated $43.7K added.
- The largest Patriot National Bancorp seller in Q3 2014 was Highlander Capital Management, an estimated $20.8K sold.
Based on aggregated 13F filings for Q3 2014.