Patriot National Bancorp
PNBK
11 hedge funds and large institutions have $3.44M invested in Patriot National Bancorp in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
13% more capital invested
Capital invested by funds: $3.05M → $3.44M (+$389K)
0.76% more ownership
Funds ownership: 6.15% → 6.91% (+0.76%)
21% less funds holding
Funds holding: 14 → 11 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$371K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.75K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$3K |
| 2 |
Morgan Stanley
New York
|
-$12 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AllianceBernstein
Nashville,
Tennessee
| $2M | +$371K | +29,749 | +23% |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $517K | – | – | – |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $439K | – | – | – |
|
4
Dimensional Fund Advisors
Austin,
Texas
| $279K | – | – | – |
|
|
KIG
5
Kessler Investment Group
Columbus,
Indiana
| $127K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $28K | +$6.75K | +541 | +33% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $25K | +$3.84K | +308 | +18% |
|
|
8
Morgan Stanley
New York
| $19K | -$12 | -1 | -0.1% |
|
9
BlackRock
New York
| $5K | – | – | – |
|
|
10
Victory Capital Management
San Antonio,
Texas
| – | -$3K | -250 | Closed |
|
PNBK Hedge Fund Activity: Q4 2019 in Review
11 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q4 2019, worth a combined $3.44M — up 13% from $3.05M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNBK and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was AllianceBernstein, adding an estimated $371K. The largest seller was Victory Capital Management, exiting entirely with an estimated $3K sold.
- 11 institutional investors held Patriot National Bancorp (PNBK) as of Q4 2019, down from 14 in Q3 2019.
- Funds reported $3.44M of Patriot National Bancorp stock for Q4 2019, up 13% quarter-over-quarter.
- 0 funds opened new Patriot National Bancorp positions in Q4 2019 and 3 closed out, a net change of -3 holders.
- The largest Patriot National Bancorp buyer in Q4 2019 was AllianceBernstein, an estimated $371K added.
- The largest Patriot National Bancorp seller in Q4 2019 was Victory Capital Management, an estimated $3K sold.
Based on aggregated 13F filings for Q4 2019.