First Commonwealth Financial
162 hedge funds and large institutions have $895M invested in First Commonwealth Financial in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 60 increasing their positions, 49 reducing their positions, and 14 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more ownership
Funds ownership: 68.41% → 68.41% (+0%)
1% less capital invested
Capital invested by funds: $907M → $895M (-$11.9M)
2% less funds holding
Funds holding: 166 → 162 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.91M |
| 2 |
BlackRock
New York
|
+$2.39M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.18M |
| 4 |
JP Morgan Chase
New York
|
+$1.78M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.75M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.24M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.98M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$1.77M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.67M |
FCF Hedge Fund Activity: Q3 2019 in Review
162 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q3 2019, worth a combined $895M — down 1.3% from $907M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FCF and 10 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 60 added.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $4.91M. The largest seller was Millennium Management, cutting an estimated $4.75M.
- 162 institutional investors held First Commonwealth Financial (FCF) as of Q3 2019, down from 166 in Q2 2019.
- Funds reported $895M of First Commonwealth Financial stock for Q3 2019, down 1.3% quarter-over-quarter.
- 10 funds opened new First Commonwealth Financial positions in Q3 2019 and 14 closed out, a net change of -4 holders.
- The largest First Commonwealth Financial buyer in Q3 2019 was State of New Jersey Common Pension Fund D, an estimated $4.91M added.
- The largest First Commonwealth Financial seller in Q3 2019 was Millennium Management, an estimated $4.75M sold.
Based on aggregated 13F filings for Q3 2019.