Patriot National Bancorp
PNBK
13 hedge funds and large institutions have $611K invested in Patriot National Bancorp in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
7% less funds holding
Funds holding: 14 → 13 (-1)
14% less capital invested
Capital invested by funds: $707K → $611K (-$96K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$318K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.3K |
| 3 |
Morgan Stanley
New York
|
+$14.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
-$40K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$27K |
| 3 |
State Street
Boston,
Massachusetts
|
-$21K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$66 |
| 5 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
-$16 |
PNBK Hedge Fund Activity: Q1 2015 in Review
13 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q1 2015, worth a combined $611K — down 14% from $707K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNBK and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 6 added.
The largest buyer was California Public Employees Retirement System, adding an estimated $318K. The largest seller was Salzhauer Michael, exiting entirely with an estimated $40K sold.
- 13 institutional investors held Patriot National Bancorp (PNBK) as of Q1 2015, down from 14 in Q4 2014.
- Funds reported $611K of Patriot National Bancorp stock for Q1 2015, down 14% quarter-over-quarter.
- 2 funds opened new Patriot National Bancorp positions in Q1 2015 and 3 closed out, a net change of -1 holder.
- The largest Patriot National Bancorp buyer in Q1 2015 was California Public Employees Retirement System, an estimated $318K added.
- The largest Patriot National Bancorp seller in Q1 2015 was Salzhauer Michael, an estimated $40K sold.
Based on aggregated 13F filings for Q1 2015.