Patriot National Bancorp
PNBK
17 hedge funds and large institutions have $13.1M invested in Patriot National Bancorp in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0.13% more ownership
Funds ownership: 37.26% → 37.39% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 18 → 17 (-1)
15% less capital invested
Capital invested by funds: $15.4M → $13.1M (-$2.33M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
+$211K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.07K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.76K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74 |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$119K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$7.4K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$64 |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11 |
PNBK Hedge Fund Activity: Q1 2023 in Review
17 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Patriot National Bancorp (PNBK) for Q1 2023, worth a combined $13.1M — down 15% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PNBK and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was Caldwell Sutter Capital, adding an estimated $211K. The largest seller was Bridgeway Capital Management, cutting an estimated $119K.
- 17 institutional investors held Patriot National Bancorp (PNBK) as of Q1 2023, down from 18 in Q4 2022.
- Funds reported $13.1M of Patriot National Bancorp stock for Q1 2023, down 15% quarter-over-quarter.
- 1 fund opened new Patriot National Bancorp positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Patriot National Bancorp buyer in Q1 2023 was Caldwell Sutter Capital, an estimated $211K added.
- The largest Patriot National Bancorp seller in Q1 2023 was Bridgeway Capital Management, an estimated $119K sold.
Based on aggregated 13F filings for Q1 2023.