First Commonwealth Financial
152 hedge funds and large institutions have $823M invested in First Commonwealth Financial in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 43 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
49% more capital invested
Capital invested by funds: $552M → $823M (+$271M)
16% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 43
10% more funds holding
Funds holding: 138 → 152 (+14)
3.23% more ownership
Funds ownership: 62.01% → 65.24% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.34M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.53M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.13M |
| 4 |
Morgan Stanley
New York
|
+$3.39M |
| 5 |
Renaissance Technologies
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$7.68M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$5.38M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.09M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$772K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$761K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
151
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $1K | +$782 | +67 | New |
|
|
SCM
152
Sterling Capital Management
Charlotte,
North Carolina
| – | -$772K | -76,547 | Closed |
|
153
Arrowstreet Capital
Boston,
Massachusetts
| – | -$647K | -64,083 | Closed |
|
154
Citadel Advisors
Miami,
Florida
| – | -$323K | -32,005 | Closed |
|
|
DTL
155
Dynamic Technology Lab
Singapore
| – | -$172K | -17,050 | Closed |
|
|
VKH
156
Virtu KCG Holdings
New York
| – | -$126K | -12,523 | Closed |
|
|
AWA
157
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
| – | -$105K | -10,440 | Closed |
|
|
ACH
158
ArrowMark Colorado Holdings
Denver,
Colorado
| – | -$1K | -140 | Closed |
|
FCF Hedge Fund Activity: Q4 2016 in Review
152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q4 2016, worth a combined $823M — up 49% from $552M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FCF positions and 7 closed out — a net gain of 17 holders — while 50 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $9.34M. The largest seller was Victory Capital Management, cutting an estimated $7.68M.
- 152 institutional investors held First Commonwealth Financial (FCF) as of Q4 2016, up from 138 in Q3 2016.
- Funds reported $823M of First Commonwealth Financial stock for Q4 2016, up 49% quarter-over-quarter.
- 24 funds opened new First Commonwealth Financial positions in Q4 2016 and 7 closed out, a net change of +17 holders.
- The largest First Commonwealth Financial buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $9.34M added.
- The largest First Commonwealth Financial seller in Q4 2016 was Victory Capital Management, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2016.