First Commonwealth Financial
166 hedge funds and large institutions have $907M invested in First Commonwealth Financial in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 62 reducing their positions, and 23 closing their positions.
8% more capital invested
Capital invested by funds: $843M → $907M (+$64.1M)
0.61% more ownership
Funds ownership: 67.8% → 68.41% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 179 → 166 (-13)
21% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 62
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.8M |
| 2 |
Morgan Stanley
New York
|
+$5.33M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$3.13M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$2.76M |
| 5 |
3C
361 Capital
Denver,
Colorado
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.38M |
| 2 |
JP Morgan Chase
New York
|
-$4.65M |
| 3 |
Renaissance Technologies
New York
|
-$2.88M |
| 4 |
BlackRock
New York
|
-$2.37M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
176
Quantbot Technologies
New York
| – | -$109K | -8,721 | Closed |
|
|
NIT
177
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$88K | -7,000 | Closed |
|
|
ST
178
Somerset Trust
Somerset,
Pennsylvania
| – | -$62K | -4,897 | Closed |
|
|
PHK
179
Point72 Hong Kong
Hong Kong
| – | -$18K | -1,399 | Closed |
|
180
SEI Investments
Oaks,
Pennsylvania
| – | -$16K | -1,238 | Closed |
|
|
MNBTD
181
Moody National Bank Trust Division
Galveston,
Texas
| – | -$9K | -736 | Closed |
|
|
BCA
182
Berman Capital Advisors
Atlanta,
Georgia
| – | -$7K | -591 | Closed |
|
|
PCM
183
Prelude Capital Management
New York
| – | -$7K | -570 | Closed |
|
|
WAM
184
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$4K | -354 | Closed |
|
|
CAM
185
Cresset Asset Management
Chicago,
Illinois
| – | -$3K | -268 | Closed |
|
|
RFC
186
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -149 | Closed |
|
|
TRCT
187
Tower Research Capital (TRC)
New York
| – | -$2K | -143 | Closed |
|
|
PCP
188
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -103 | Closed |
|
FCF Hedge Fund Activity: Q2 2019 in Review
166 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q2 2019, worth a combined $907M — up 7.6% from $843M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of FCF and 13 opened new positions — a net loss of 10 holders — while 62 trimmed existing stakes and 49 added.
The largest buyer was Nuveen, opening a new position worth an estimated $18.8M. The largest seller was Goldman Sachs, cutting an estimated $5.38M.
- 166 institutional investors held First Commonwealth Financial (FCF) as of Q2 2019, down from 179 in Q1 2019.
- Funds reported $907M of First Commonwealth Financial stock for Q2 2019, up 7.6% quarter-over-quarter.
- 13 funds opened new First Commonwealth Financial positions in Q2 2019 and 23 closed out, a net change of -10 holders.
- The largest First Commonwealth Financial buyer in Q2 2019 was Nuveen, an estimated $18.8M added.
- The largest First Commonwealth Financial seller in Q2 2019 was Goldman Sachs, an estimated $5.38M sold.
Based on aggregated 13F filings for Q2 2019.