First Commonwealth Financial
163 hedge funds and large institutions have $921M invested in First Commonwealth Financial in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
16% more capital invested
Capital invested by funds: $797M → $921M (+$124M)
3% more funds holding
Funds holding: 158 → 163 (+5)
2.4% more ownership
Funds ownership: 64.48% → 66.88% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.7M |
| 2 |
TA
Teachers Advisors
New York
|
+$8.68M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.89M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$2.73M |
| 2 |
JP Morgan Chase
New York
|
-$2.34M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.29M |
| 4 |
Bank of New York Mellon
New York
|
-$1.6M |
| 5 |
Two Sigma Investments
New York
|
-$1.47M |
FCF Hedge Fund Activity: Q3 2017 in Review
163 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q3 2017, worth a combined $921M — up 16% from $797M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FCF positions and 17 closed out — a net gain of 6 holders — while 57 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $11.7M. The largest seller was Marshall Wace North America, exiting entirely with an estimated $2.73M sold.
- 163 institutional investors held First Commonwealth Financial (FCF) as of Q3 2017, up from 158 in Q2 2017.
- Funds reported $921M of First Commonwealth Financial stock for Q3 2017, up 16% quarter-over-quarter.
- 23 funds opened new First Commonwealth Financial positions in Q3 2017 and 17 closed out, a net change of +6 holders.
- The largest First Commonwealth Financial buyer in Q3 2017 was BlackRock, an estimated $11.7M added.
- The largest First Commonwealth Financial seller in Q3 2017 was Marshall Wace North America, an estimated $2.73M sold.
Based on aggregated 13F filings for Q3 2017.