Patriot National Bancorp
PNBK
14 hedge funds and large institutions have $3.05M invested in Patriot National Bancorp in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
8% more funds holding
Funds holding: 13 → 14 (+1)
0.2% more ownership
Funds ownership: 5.95% → 6.15% (+0.2%)
13% less capital invested
Capital invested by funds: $3.52M → $3.05M (-$469K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$135K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.57K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$3.45K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$387 |
| 5 |
Barclays
London,
United Kingdom
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
-$39.4K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$704 |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$304 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AllianceBernstein
Nashville,
Tennessee
| $1.62M | +$135K | +9,742 | +8% |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $516K | – | – | – |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $439K | – | – | – |
|
4
Dimensional Fund Advisors
Austin,
Texas
| $279K | – | – | – |
|
|
KIG
5
Kessler Investment Group
Columbus,
Indiana
| $127K | -$39.4K | -2,850 | -22% |
|
|
6
UBS Group
Zurich,
Switzerland
| $21K | +$387 | +28 | +2% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $21K | +$9.57K | +693 | +71% |
|
8
Morgan Stanley
New York
| $19K | – | – | – |
|
9
BlackRock
New York
| $5K | – | – | – |
|
|
10
Victory Capital Management
San Antonio,
Texas
| $3K | +$3.45K | +250 | New |
|
|
11
Wells Fargo
San Francisco,
California
| – | -$704 | -51 | Closed |
|
|
12
Bank of America
Charlotte,
North Carolina
| – | -$304 | -22 | -55% |
|
|
13
Barclays
London,
United Kingdom
| – | +$28 | +2 | New |
|
PNBK Hedge Fund Activity: Q3 2019 in Review
14 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q3 2019, worth a combined $3.05M — down 13% from $3.52M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PNBK positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $135K. The largest seller was Kessler Investment Group, cutting an estimated $39.4K.
- 14 institutional investors held Patriot National Bancorp (PNBK) as of Q3 2019, up from 13 in Q2 2019.
- Funds reported $3.05M of Patriot National Bancorp stock for Q3 2019, down 13% quarter-over-quarter.
- 2 funds opened new Patriot National Bancorp positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Patriot National Bancorp buyer in Q3 2019 was AllianceBernstein, an estimated $135K added.
- The largest Patriot National Bancorp seller in Q3 2019 was Kessler Investment Group, an estimated $39.4K sold.
Based on aggregated 13F filings for Q3 2019.