First Commonwealth Financial
145 hedge funds and large institutions have $793M invested in First Commonwealth Financial in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 17 closing their positions.
3,215% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $60K
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
1.87% more ownership
Funds ownership: 65.24% → 67.11% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $823M → $793M (-$30.3M)
5% less funds holding
Funds holding: 152 → 145 (-7)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$151M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.9M |
| 3 |
Millennium Management
New York
|
+$9.74M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$8.83M |
| 5 |
Bank of New York Mellon
New York
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$14.1M |
| 2 |
JP Morgan Chase
New York
|
-$7.6M |
| 3 |
Morgan Stanley
New York
|
-$2.59M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.47M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Los Angeles Capital Management
Los Angeles,
California
| – | -$426K | -30,056 | Closed |
|
152
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$293K | -20,675 | Closed |
|
153
HSBC Holdings
London,
United Kingdom
| – | -$274K | -19,360 | Closed |
|
|
NFG
154
Next Financial Group
Houston,
Texas
| – | -$156K | -10,989 | Closed |
|
155
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$145K | -10,205 | Closed |
|
156
Simplex Trading
Chicago,
Illinois
| – | -$83K | -5,908 | Closed |
|
157
Walleye Trading
New York
| – | -$33K | -2,300 | Closed |
|
|
TRCT
158
Tower Research Capital (TRC)
New York
| – | -$22K | -1,554 | Closed |
|
159
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$10K | -691 | Closed |
|
|
PIA
160
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$3.88K | -274 | Closed |
|
|
CFD
161
Creative Financial Designs
Kokomo,
Indiana
| – | +$28 | +2 | New |
|
FCF Hedge Fund Activity: Q1 2017 in Review
145 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2017, worth a combined $793M — down 3.7% from $823M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FCF and 15 opened new positions — a net loss of 2 holders — while 48 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $151M. The largest seller was Teachers Advisors, cutting an estimated $14.1M.
- 145 institutional investors held First Commonwealth Financial (FCF) as of Q1 2017, down from 152 in Q4 2016.
- Funds reported $793M of First Commonwealth Financial stock for Q1 2017, down 3.7% quarter-over-quarter.
- 15 funds opened new First Commonwealth Financial positions in Q1 2017 and 17 closed out, a net change of -2 holders.
- The largest First Commonwealth Financial buyer in Q1 2017 was BlackRock, an estimated $151M added.
- The largest First Commonwealth Financial seller in Q1 2017 was Teachers Advisors, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2017.