First Commonwealth Financial
124 hedge funds and large institutions have $532M invested in First Commonwealth Financial in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 43 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $493M → $532M (+$38.7M)
3.1% more ownership
Funds ownership: 58.23% → 61.33% (+3.1%)
2% more funds holding
Funds holding: 121 → 124 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.46M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$7.58M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.16M |
| 4 |
TA
Teachers Advisors
New York
|
+$5.5M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHC
Hutchin Hill Capital
New York
|
-$3.84M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.83M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.67M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$2.58M |
| 5 |
JP Morgan Chase
New York
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$293K | -32,371 | Closed |
|
|
PRCM
127
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$256K | -28,300 | Closed |
|
|
ZIM
128
Zacks Investment Management
Chicago,
Illinois
| – | -$254K | -28,130 | Closed |
|
129
SG Americas Securities
New York
| – | -$152K | -16,802 | Closed |
|
|
GCP
130
GSA Capital Partners
London,
United Kingdom
| – | -$151K | -16,753 | Closed |
|
|
SCA
131
SAC Capital Advisors
Stamford,
Connecticut
| – | -$116K | -12,876 | Closed |
|
132
Citadel Advisors
Miami,
Florida
| – | -$108K | -11,894 | Closed |
|
|
AG
133
Aperio Group
Sausalito,
California
| – | -$97K | -10,729 | Closed |
|
FCF Hedge Fund Activity: Q2 2014 in Review
124 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q2 2014, worth a combined $532M — up 7.8% from $493M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FCF positions and 9 closed out — a net gain of 3 holders — while 40 added to existing stakes and 43 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.46M. The largest seller was Hutchin Hill Capital, exiting entirely with an estimated $3.84M sold.
- 124 institutional investors held First Commonwealth Financial (FCF) as of Q2 2014, up from 121 in Q1 2014.
- Funds reported $532M of First Commonwealth Financial stock for Q2 2014, up 7.8% quarter-over-quarter.
- 12 funds opened new First Commonwealth Financial positions in Q2 2014 and 9 closed out, a net change of +3 holders.
- The largest First Commonwealth Financial buyer in Q2 2014 was Norges Bank, an estimated $8.46M added.
- The largest First Commonwealth Financial seller in Q2 2014 was Hutchin Hill Capital, an estimated $3.84M sold.
Based on aggregated 13F filings for Q2 2014.