First Commonwealth Financial
137 hedge funds and large institutions have $474M invested in First Commonwealth Financial in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 40 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
1% more funds holding
Funds holding: 135 → 137 (+2)
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.94% less ownership
Funds ownership: 59.15% → 58.21% (-0.94%)
5% less capital invested
Capital invested by funds: $500M → $474M (-$26.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.78M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.03M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.79M |
| 4 |
SSB
Sandy Spring Bank
Olney,
Maryland
|
+$1.79M |
| 5 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$7.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.39M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$1.97M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.83M |
| 5 |
SC
Scholtz & Company
Stamford,
Connecticut
|
-$1.74M |
FCF Hedge Fund Activity: Q1 2015 in Review
137 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2015, worth a combined $474M — down 5.2% from $500M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FCF positions and 14 closed out — a net gain of 3 holders — while 42 added to existing stakes and 40 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.78M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $7.7M sold.
- 137 institutional investors held First Commonwealth Financial (FCF) as of Q1 2015, up from 135 in Q4 2014.
- Funds reported $474M of First Commonwealth Financial stock for Q1 2015, down 5.2% quarter-over-quarter.
- 17 funds opened new First Commonwealth Financial positions in Q1 2015 and 14 closed out, a net change of +3 holders.
- The largest First Commonwealth Financial buyer in Q1 2015 was Vanguard Group, an estimated $2.78M added.
- The largest First Commonwealth Financial seller in Q1 2015 was Eagle Asset Management, an estimated $7.7M sold.
Based on aggregated 13F filings for Q1 2015.