Patriot National Bancorp
PNBK
12 hedge funds and large institutions have $3.27M invested in Patriot National Bancorp in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
13% more capital invested
Capital invested by funds: $2.89M → $3.27M (+$376K)
0.3% more ownership
Funds ownership: 5.2% → 5.5% (+0.3%)
8% less funds holding
Funds holding: 13 → 12 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
+$222K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$23.7K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$7.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
-$63K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$37.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$15 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
AllianceBernstein
Nashville,
Tennessee
| $1.51M | – | – | – |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $650K | – | – | – |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $526K | – | – | – |
|
|
4
Dimensional Fund Advisors
Austin,
Texas
| $308K | +$23.7K | +1,600 | +9% |
|
|
KIG
5
Kessler Investment Group
Columbus,
Indiana
| $227K | +$222K | +15,000 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $20K | -$37.4K | -2,526 | -66% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $13K | +$7.29K | +492 | +131% |
|
|
MSFP
8
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| $12K | – | – | – |
|
9
BlackRock
New York
| $5K | – | – | – |
|
|
ROC
10
River Oaks Capital
Wayzata,
Minnesota
| – | -$63K | -4,453 | Closed |
|
|
11
Wells Fargo
San Francisco,
California
| – | -$15 | -1 | Closed |
|
PNBK Hedge Fund Activity: Q1 2019 in Review
12 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q1 2019, worth a combined $3.27M — up 13% from $2.89M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PNBK and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Kessler Investment Group, opening a new position worth an estimated $222K. The largest seller was River Oaks Capital, exiting entirely with an estimated $63K sold.
- 12 institutional investors held Patriot National Bancorp (PNBK) as of Q1 2019, down from 13 in Q4 2018.
- Funds reported $3.27M of Patriot National Bancorp stock for Q1 2019, up 13% quarter-over-quarter.
- 1 fund opened new Patriot National Bancorp positions in Q1 2019 and 2 closed out, a net change of -1 holder.
- The largest Patriot National Bancorp buyer in Q1 2019 was Kessler Investment Group, an estimated $222K added.
- The largest Patriot National Bancorp seller in Q1 2019 was River Oaks Capital, an estimated $63K sold.
Based on aggregated 13F filings for Q1 2019.