First Commonwealth Financial
179 hedge funds and large institutions have $843M invested in First Commonwealth Financial in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 25 closing their positions.
4% more capital invested
Capital invested by funds: $813M → $843M (+$29.7M)
3% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 58
0.11% more ownership
Funds ownership: 67.69% → 67.8% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 183 → 179 (-4)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.82M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.01M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.82M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.85M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$9.28M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.41M |
| 3 |
Rafferty Asset Management
New York
|
-$2.38M |
| 4 |
BlackRock
New York
|
-$2.05M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWMG
201
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2K | -194 | Closed |
|
202
Simplex Trading
Chicago,
Illinois
| – | -$1K | -97 | Closed |
|
FCF Hedge Fund Activity: Q1 2019 in Review
179 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2019, worth a combined $843M — up 3.7% from $813M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FCF and 21 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 60 added.
The largest buyer was Millennium Management, adding an estimated $4.82M. The largest seller was Winton Group, exiting entirely with an estimated $9.28M sold.
- 179 institutional investors held First Commonwealth Financial (FCF) as of Q1 2019, down from 183 in Q4 2018.
- Funds reported $843M of First Commonwealth Financial stock for Q1 2019, up 3.7% quarter-over-quarter.
- 21 funds opened new First Commonwealth Financial positions in Q1 2019 and 25 closed out, a net change of -4 holders.
- The largest First Commonwealth Financial buyer in Q1 2019 was Millennium Management, an estimated $4.82M added.
- The largest First Commonwealth Financial seller in Q1 2019 was Winton Group, an estimated $9.28M sold.
Based on aggregated 13F filings for Q1 2019.