13F-HR: Peapack Gladstone Financial Corp's Q1 2024 13F Filing Reveals $6.4 Billion in Holdings

Peapack Gladstone Financial Corp's latest 13F filing discloses $6.4 billion in managed securities as of March 31, 2024, showcasing a diverse investment portfolio.

Summary

• Peapack Gladstone Financial Corp filed its Form 13F for the quarter ended March 31, 2024.
• The filing reports $6,395,820,000 in total value of holdings.
• The firm manages a portfolio consisting of 1,179 different holdings.
• The filing includes a list of holdings, share quantities, and associated values.

Sentiment

Score: 5

Explanation: The document is a regulatory filing, so the sentiment is neutral. It presents factual information about the company's holdings.

Industry Context

Form 13F filings are required for institutional investment managers with at least $100 million in assets under management, providing transparency into their investment positions and strategies.

Comparison to Industry Standards

• It is difficult to compare the results to industry standards without knowing the specific investment strategy and mandate of Peapack Gladstone Financial Corp.
• However, the filing can be compared to other similar sized financial institutions with similar investment strategies.
• For example, a comparable company might be First National Bank of Omaha, which has a similar asset base and investment portfolio.
• Comparing the asset allocation, top holdings, and sector diversification can provide insights into Peapack Gladstone's relative performance and investment choices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the company's investment decisions.
• The investment decisions reflected in the filing can impact the returns and stability of the company's financial performance, affecting shareholders and other stakeholders.

Key Dates