First Commonwealth Financial
177 hedge funds and large institutions have $969M invested in First Commonwealth Financial in 2018 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
16% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 50
5% more funds holding
Funds holding: 169 → 177 (+8)
2.01% more ownership
Funds ownership: 68.28% → 70.3% (+2%)
2% more capital invested
Capital invested by funds: $953M → $969M (+$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
+$21.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.39M |
| 3 |
Renaissance Technologies
New York
|
+$4.49M |
| 4 |
Goldman Sachs
New York
|
+$3.98M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$7.43M |
| 2 |
Millennium Management
New York
|
-$6.57M |
| 3 |
Bank of New York Mellon
New York
|
-$5.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$4M |
| 5 |
JP Morgan Chase
New York
|
-$3.61M |
FCF Hedge Fund Activity: Q1 2018 in Review
177 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2018, worth a combined $969M — up 1.6% from $953M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FCF positions and 17 closed out — a net gain of 9 holders — while 58 added to existing stakes and 50 trimmed.
The largest buyer was Waldron Private Wealth, opening a new position worth an estimated $21.7M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $7.43M.
- 177 institutional investors held First Commonwealth Financial (FCF) as of Q1 2018, up from 169 in Q4 2017.
- Funds reported $969M of First Commonwealth Financial stock for Q1 2018, up 1.6% quarter-over-quarter.
- 26 funds opened new First Commonwealth Financial positions in Q1 2018 and 17 closed out, a net change of +9 holders.
- The largest First Commonwealth Financial buyer in Q1 2018 was Waldron Private Wealth, an estimated $21.7M added.
- The largest First Commonwealth Financial seller in Q1 2018 was Thrivent Financial for Lutherans, an estimated $7.43M sold.
Based on aggregated 13F filings for Q1 2018.