Patriot National Bancorp
PNBK
13 hedge funds and large institutions have $2.89M invested in Patriot National Bancorp in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0.21% more ownership
Funds ownership: 4.99% → 5.2% (+0.21%)
19% less funds holding
Funds holding: 16 → 13 (-3)
33% less capital invested
Capital invested by funds: $4.29M → $2.89M (-$1.4M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$770K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$441K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$64.7K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.85K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
-$894K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$216K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$6K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5K |
PNBK Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q4 2018, worth a combined $2.89M — down 33% from $4.29M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PNBK and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $770K. The largest seller was River Oaks Capital, cutting an estimated $894K.
- 13 institutional investors held Patriot National Bancorp (PNBK) as of Q4 2018, down from 16 in Q3 2018.
- Funds reported $2.89M of Patriot National Bancorp stock for Q4 2018, down 33% quarter-over-quarter.
- 2 funds opened new Patriot National Bancorp positions in Q4 2018 and 5 closed out, a net change of -3 holders.
- The largest Patriot National Bancorp buyer in Q4 2018 was Bridgeway Capital Management, an estimated $770K added.
- The largest Patriot National Bancorp seller in Q4 2018 was River Oaks Capital, an estimated $894K sold.
Based on aggregated 13F filings for Q4 2018.