Patriot National Bancorp
PNBK
13 hedge funds and large institutions have $3.52M invested in Patriot National Bancorp in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 12 → 13 (+1)
8% more capital invested
Capital invested by funds: $3.27M → $3.52M (+$250K)
0.45% more ownership
Funds ownership: 5.5% → 5.95% (+0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$274K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$26.6K |
| 3 |
Morgan Stanley
New York
|
+$23.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.87K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
-$34.4K |
| 2 |
MSFP
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
|
-$12K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$297 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AllianceBernstein
Nashville,
Tennessee
| $1.8M | +$274K | +17,505 | +18% |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $605K | – | – | – |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $514K | -$297 | -19 | -0.1% |
|
|
4
Dimensional Fund Advisors
Austin,
Texas
| $327K | +$26.6K | +1,697 | +8% |
|
|
KIG
5
Kessler Investment Group
Columbus,
Indiana
| $197K | -$34.4K | -2,200 | -15% |
|
|
6
UBS Group
Zurich,
Switzerland
| $25K | +$4.87K | +311 | +24% |
|
|
7
Morgan Stanley
New York
| $23K | +$23.5K | +1,500 | +150,000% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $15K | +$1.63K | +104 | +12% |
|
9
BlackRock
New York
| $6K | +$720 | +46 | +14% |
|
10
Bank of America
Charlotte,
North Carolina
| $1K | +$626 | +40 | New |
|
11
Wells Fargo
San Francisco,
California
| $1K | +$798 | +51 | New |
|
|
MSFP
12
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | -$12K | -800 | Closed |
|
PNBK Hedge Fund Activity: Q2 2019 in Review
13 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q2 2019, worth a combined $3.52M — up 7.7% from $3.27M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PNBK positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $274K. The largest seller was Kessler Investment Group, cutting an estimated $34.4K.
- 13 institutional investors held Patriot National Bancorp (PNBK) as of Q2 2019, up from 12 in Q1 2019.
- Funds reported $3.52M of Patriot National Bancorp stock for Q2 2019, up 7.7% quarter-over-quarter.
- 2 funds opened new Patriot National Bancorp positions in Q2 2019 and 1 closed out, a net change of +1 holder.
- The largest Patriot National Bancorp buyer in Q2 2019 was AllianceBernstein, an estimated $274K added.
- The largest Patriot National Bancorp seller in Q2 2019 was Kessler Investment Group, an estimated $34.4K sold.
Based on aggregated 13F filings for Q2 2019.