First Commonwealth Financial
184 hedge funds and large institutions have $932M invested in First Commonwealth Financial in 2021 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 75 reducing their positions, and 18 closing their positions.
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
33% more capital invested
Capital invested by funds: $703M → $932M (+$229M)
5% more funds holding
Funds holding: 175 → 184 (+9)
0.77% more ownership
Funds ownership: 66.83% → 67.6% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less call options, than puts
Call options by funds: $546K | Put options by funds: $753K
35% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 75
Top Buyers
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$12.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.87M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.98M |
| 4 |
JP Morgan Chase
New York
|
+$2.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.57M |
Top Sellers
| 1 |
Northern Trust
Chicago,
Illinois
|
-$5.07M |
| 2 |
Renaissance Technologies
New York
|
-$4.28M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.93M |
| 5 |
Millennium Management
New York
|
-$2.63M |
FCF Hedge Fund Activity: Q1 2021 in Review
184 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2021, worth a combined $932M — up 33% from $703M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FCF positions and 18 closed out — a net gain of 10 holders — while 49 added to existing stakes and 75 trimmed.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $12.4M. The largest seller was Northern Trust, cutting an estimated $5.07M.
- 184 institutional investors held First Commonwealth Financial (FCF) as of Q1 2021, up from 175 in Q4 2020.
- Funds reported $932M of First Commonwealth Financial stock for Q1 2021, up 33% quarter-over-quarter.
- 28 funds opened new First Commonwealth Financial positions in Q1 2021 and 18 closed out, a net change of +10 holders.
- The largest First Commonwealth Financial buyer in Q1 2021 was Fuller & Thaler Asset Management, an estimated $12.4M added.
- The largest First Commonwealth Financial seller in Q1 2021 was Northern Trust, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2021.