First Commonwealth Financial
116 hedge funds and large institutions have $489M invested in First Commonwealth Financial in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
13% more capital invested
Capital invested by funds: $432M → $489M (+$56.6M)
5% more funds holding
Funds holding: 110 → 116 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.85% less ownership
Funds ownership: 59.37% → 58.52% (-0.85%)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
Top Buyers
| 1 |
FNB
First Niagara Bank
Lockport,
New York
|
+$8.36M |
| 2 |
State Street
Boston,
Massachusetts
|
+$4.74M |
| 3 |
Morgan Stanley
New York
|
+$2.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.69M |
| 5 |
Millennium Management
New York
|
+$1.55M |
Top Sellers
FCF Hedge Fund Activity: Q4 2013 in Review
116 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q4 2013, worth a combined $489M — up 13% from $432M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FCF positions and 10 closed out — a net gain of 8 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was First Niagara Bank, opening a new position worth an estimated $8.36M. The largest seller was Wellington Management Group, cutting an estimated $17.6M.
- 116 institutional investors held First Commonwealth Financial (FCF) as of Q4 2013, up from 110 in Q3 2013.
- Funds reported $489M of First Commonwealth Financial stock for Q4 2013, up 13% quarter-over-quarter.
- 18 funds opened new First Commonwealth Financial positions in Q4 2013 and 10 closed out, a net change of +8 holders.
- The largest First Commonwealth Financial buyer in Q4 2013 was First Niagara Bank, an estimated $8.36M added.
- The largest First Commonwealth Financial seller in Q4 2013 was Wellington Management Group, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2013.