PEBO ranks #2746 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PEBO is a top-conviction position for Peoples Bank /oh — at 8.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PEBO belongs to BlackRock, Inc., but the position matters far more to Peoples Bank /oh, who has 8.8% 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.
State Street has added to its PEBO position for two straight quarters, increasing it by $45.7M to reach $78.8M today.
UBS Group AG has trimmed its PEBO position for two straight quarters, cutting it by $4.1M while still holding $1.8M.
PEBO is up 0.4% today, and institutions have been net buyers of $120.8M this quarter — today's price move and the underlying institutional flow are pointing the same direction.