PDLB ranks #4852 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
PDLB is a top-conviction position for M3F, Inc. — at 8.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PDLB belongs to T. Rowe Price Investment Management, Inc., but the position matters far more to M3F, Inc., who has 8.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its PDLB position for two straight quarters, increasing it by $7.9M to reach $34.6M today.
Barclays PLC has trimmed its PDLB position for two straight quarters, cutting it by $439.4K while still holding $62.1K.
PDLB is down 1.8% today, but institutions show net buying of $4.9M this quarter — a divergence between today's price move and the underlying institutional flow.