First Commonwealth Financial
FCF
186 hedge funds and large institutions have $1.05B invested in First Commonwealth Financial in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 61 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
7% more funds holding
Funds holding: 174 → 186 (+12)
2% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 61
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.48% less ownership
Funds ownership: 74.16% → 73.69% (-0.48%)
10% less capital invested
Capital invested by funds: $1.17B → $1.05B (-$121M)
26% less call options, than puts
Call options by funds: $71K | Put options by funds: $96K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$10.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$5.53M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$3.56M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.55M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.49M |
| 3 |
JP Morgan Chase
New York
|
-$2.67M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.55M |
| 5 |
Goldman Sachs
New York
|
-$2.34M |
FCF Hedge Fund Activity: Q1 2024 in Review
186 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2024, worth a combined $1.05B — down 10% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FCF positions and 13 closed out — a net gain of 12 holders — while 62 added to existing stakes and 61 trimmed.
The largest buyer was Charles Schwab, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $20.4M.
- 186 institutional investors held First Commonwealth Financial (FCF) as of Q1 2024, up from 174 in Q4 2023.
- Funds reported $1.05B of First Commonwealth Financial stock for Q1 2024, down 10% quarter-over-quarter.
- 25 funds opened new First Commonwealth Financial positions in Q1 2024 and 13 closed out, a net change of +12 holders.
- The largest First Commonwealth Financial buyer in Q1 2024 was Charles Schwab, an estimated $10.8M added.
- The largest First Commonwealth Financial seller in Q1 2024 was Morgan Stanley, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2024.