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First Commonwealth Financial

138 hedge funds and large institutions have $552M invested in First Commonwealth Financial in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

24% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 41

10% more capital invested

Capital invested by funds: $499M → $552M (+$52.4M)

2% more funds holding

Funds holding: 135138 (+3)

0.99% more ownership

Funds ownership: 61.02%62.01% (+0.99%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
138
Holders Change
+3
Holders Change %
+2.22%
% of All Funds
3.68%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
51
Reduced
41
Closed
5
Calls
$1K
Puts
Net Calls
+$1K
Net Calls Change
-$108K
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
26
Brandywine Global Investment Management
Pennsylvania
$3.78M -$56.9K -5,800 -2%
Charles Schwab
27
Charles Schwab
California
$3.57M +$161K +16,438 +5%
AQR Capital Management
28
AQR Capital Management
Connecticut
$3.23M +$350K +35,718 +13%
New York State Teachers Retirement System (NYSTRS)
29
New York State Teachers Retirement System (NYSTRS)
New York
$3.13M
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$3.03M -$271K -27,600 -8%
FCFC
31
First Commonwealth Financial Corp
Pennsylvania
$2.83M -$41.2K -4,198 -1%
BCM
32
Bridgeway Capital Management
Texas
$2.82M
Prudential Financial
33
Prudential Financial
New Jersey
$2.79M +$224K +22,850 +9%
Deutsche Bank
34
Deutsche Bank
Germany
$2.37M -$175K -17,790 -7%
Wells Fargo
35
Wells Fargo
California
$2.37M -$61.3K -6,250 -3%
Goldman Sachs
36
Goldman Sachs
New York
$2.29M +$688K +70,091 +45%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$2.16M -$10.4K -1,058 -0.5%
SSB
38
Sandy Spring Bank
Maryland
$2.1M
California State Teachers Retirement System (CalSTRS)
39
California State Teachers Retirement System (CalSTRS)
California
$1.89M +$19.6K +2,000 +1%
NFA
40
Nationwide Fund Advisors
Ohio
$1.89M
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$1.53M +$61.1K +6,225 +4%
Swiss National Bank
42
Swiss National Bank
Switzerland
$1.49M -$93.2K -9,500 -6%
Bank of America
43
Bank of America
North Carolina
$1.47M +$452K +46,094 +46%
Morgan Stanley
44
Morgan Stanley
New York
$1.37M +$510K +51,985 +62%
BG
45
BlackRock Group
United Kingdom
$1.33M +$107K +10,914 +9%
CS
46
Credit Suisse
Switzerland
$1.22M +$417K +42,454 +54%
Canada Life
47
Canada Life
Manitoba, Canada
$1.18M +$34.3K +3,494 +3%
Nordea Investment Management
48
Nordea Investment Management
Sweden
$1.17M +$436K +44,449 +62%
State Board of Administration of Florida Retirement System
49
State Board of Administration of Florida Retirement System
Florida
$962K
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$947K +$95.2K +9,700 +12%

FCF Hedge Fund Activity: Q3 2016 in Review

138 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q3 2016, worth a combined $552M — up 10% from $499M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FCF positions and 5 closed out — a net gain of 3 holders — while 51 added to existing stakes and 41 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $5.43M. The largest seller was Victory Capital Management, cutting an estimated $3.79M.

  • 138 institutional investors held First Commonwealth Financial (FCF) as of Q3 2016, up from 135 in Q2 2016.
  • Funds reported $552M of First Commonwealth Financial stock for Q3 2016, up 10% quarter-over-quarter.
  • 8 funds opened new First Commonwealth Financial positions in Q3 2016 and 5 closed out, a net change of +3 holders.
  • The largest First Commonwealth Financial buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $5.43M added.
  • The largest First Commonwealth Financial seller in Q3 2016 was Victory Capital Management, an estimated $3.79M sold.

Based on aggregated 13F filings for Q3 2016.