First Commonwealth Financial
121 hedge funds and large institutions have $493M invested in First Commonwealth Financial in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 49 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4% more funds holding
Funds holding: 116 → 121 (+5)
1% more capital invested
Capital invested by funds: $489M → $493M (+$4.07M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.29% less ownership
Funds ownership: 58.52% → 58.23% (-0.29%)
39% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 49
Top Buyers
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$5.46M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.84M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
+$3.62M |
| 4 |
JP Morgan Chase
New York
|
+$2.02M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.92M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.4M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$9.02M |
| 3 |
Morgan Stanley
New York
|
-$2.2M |
| 4 |
Millennium Management
New York
|
-$1.59M |
| 5 |
Goldman Sachs
New York
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$224K | -25,322 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$214K | -24,310 | Closed |
|
|
MSU
128
Maple Securities USA
Jersey City,
New Jersey
| – | -$184K | -20,864 | Closed |
|
|
PMG
129
ProVise Management Group
Clearwater,
Florida
| – | -$113K | -12,845 | Closed |
|
130
Jane Street
New York
| – | -$97K | -10,956 | Closed |
|
|
QT
131
Quantbot Technologies
New York
| – | -$89K | -10,200 | Closed |
|
|
EEG
132
E.E. Geduld
| – | -$88K | -10,000 | Closed |
|
|
HMS
133
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$28K | -3,170 | Closed |
|
|
PCM
134
Prelude Capital Management
New York
| – | -$11K | -1,280 | Closed |
|
135
BNP Paribas Financial Markets
Paris,
France
| – | -$11.2K | -1,270 | Closed |
|
136
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -330 | Closed |
|
FCF Hedge Fund Activity: Q1 2014 in Review
121 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2014, worth a combined $493M — up 0.83% from $489M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FCF positions and 15 closed out — a net gain of 5 holders — while 30 added to existing stakes and 49 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $5.46M. The largest seller was Wellington Management Group, exiting entirely with an estimated $13.4M sold.
- 121 institutional investors held First Commonwealth Financial (FCF) as of Q1 2014, up from 116 in Q4 2013.
- Funds reported $493M of First Commonwealth Financial stock for Q1 2014, up 0.83% quarter-over-quarter.
- 20 funds opened new First Commonwealth Financial positions in Q1 2014 and 15 closed out, a net change of +5 holders.
- The largest First Commonwealth Financial buyer in Q1 2014 was LSV Asset Management, an estimated $5.46M added.
- The largest First Commonwealth Financial seller in Q1 2014 was Wellington Management Group, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2014.