First Commonwealth Financial
136 hedge funds and large institutions have $476M invested in First Commonwealth Financial in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 41 reducing their positions, and 12 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 41
0.2% more ownership
Funds ownership: 60.93% → 61.13% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
3% less capital invested
Capital invested by funds: $491M → $476M (-$14.7M)
1% less funds holding
Funds holding: 138 → 136 (-2)
69% less call options, than puts
Call options by funds: $32K | Put options by funds: $103K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.62M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.66M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.74M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.43M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.59M |
| 3 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$1.57M |
| 4 |
Millennium Management
New York
|
-$1.57M |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$1.36M |
FCF Hedge Fund Activity: Q1 2016 in Review
136 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2016, worth a combined $476M — down 3% from $491M a quarter earlier.
Fund positioning in FCF was balanced in Q1 2016: 12 funds opened new positions, 12 closed out, 52 added to existing stakes and 41 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.62M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $1.8M sold.
- 136 institutional investors held First Commonwealth Financial (FCF) as of Q1 2016, down from 138 in Q4 2015.
- Funds reported $476M of First Commonwealth Financial stock for Q1 2016, down 3% quarter-over-quarter.
- 12 funds opened new First Commonwealth Financial positions in Q1 2016 and 12 closed out, a net change of 0 holders.
- The largest First Commonwealth Financial buyer in Q1 2016 was Parametric Portfolio Associates, an estimated $3.62M added.
- The largest First Commonwealth Financial seller in Q1 2016 was Arrowstreet Capital, an estimated $1.8M sold.
Based on aggregated 13F filings for Q1 2016.