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First Commonwealth Financial

138 hedge funds and large institutions have $491M invested in First Commonwealth Financial in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more call options, than puts

Call options by funds: $827K | Put options by funds: $282K

47% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 34

29% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 14

2% more funds holding

Funds holding: 135138 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.92% less ownership

Funds ownership: 61.85%60.93% (-0.92%)

2% less capital invested

Capital invested by funds: $500M → $491M (-$8.49M)

Holders
138
Holders Change
+3
Holders Change %
+2.22%
% of All Funds
3.62%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
50
Reduced
34
Closed
14
Calls
$827K
Puts
$282K
Net Calls
+$545K
Net Calls Change
+$463K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$68.6M -$190K -20,297 -0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$66.9M +$1.33M +142,746 +2%
BFA
3
BlackRock Fund Advisors
California
$49.8M +$2.94M +314,974 +6%
JP Morgan Chase
4
JP Morgan Chase
New York
$30.1M -$315K -33,740 -1%
BIT
5
BlackRock Institutional Trust
California
$22.2M +$286K +30,571 +1%
State Street
6
State Street
Massachusetts
$22.2M -$14.1M -1,508,523 -38%
Victory Capital Management
7
Victory Capital Management
Texas
$20.8M +$605K +64,723 +3%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$15.3M -$49.5K -5,300 -0.3%
AllianceBernstein
9
AllianceBernstein
Tennessee
$14.1M +$1.32M +141,480 +10%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$14M -$935K -100,080 -6%
LSV Asset Management
11
LSV Asset Management
Illinois
$12.8M +$11.1K +1,188 +0.1%
Northern Trust
12
Northern Trust
Illinois
$12.1M +$134K +14,327 +1%
TA
13
Teachers Advisors
New York
$7.54M
SCM
14
Snow Capital Management
Pennsylvania
$7.41M +$3.19M +340,940 +72%
Ameriprise
15
Ameriprise
Minnesota
$6.94M +$593K +63,395 +9%
IA
16
Icon Advisers
Colorado
$6.68M +$296K +31,700 +4%
Principal Financial Group
17
Principal Financial Group
Iowa
$5.42M +$176K +18,872 +3%
Renaissance Technologies
18
Renaissance Technologies
New York
$5.39M +$1.2M +127,880 +27%
Norges Bank
19
Norges Bank
Norway
$5.24M
Geode Capital Management
20
Geode Capital Management
Massachusetts
$5.19M +$42K +4,495 +0.8%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$4.88M +$754K +80,675 +18%
PPA
22
Parametric Portfolio Associates
Washington
$3.94M +$636K +68,042 +19%
RFC
23
Russell Frank Company
Washington
$3.68M +$1.02M +109,636 +38%
TCIM
24
TIAA CREF Investment Management
New York
$3.62M +$108K +11,600 +3%
BGIM
25
Brandywine Global Investment Management
Pennsylvania
$3.54M -$131K -14,053 -3%

FCF Hedge Fund Activity: Q4 2015 in Review

138 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q4 2015, worth a combined $491M — down 1.7% from $500M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FCF positions and 14 closed out — a net gain of 4 holders — while 50 added to existing stakes and 34 trimmed.

The largest buyer was Snow Capital Management, adding an estimated $3.19M. The largest seller was State Street, cutting an estimated $14.1M.

  • 138 institutional investors held First Commonwealth Financial (FCF) as of Q4 2015, up from 135 in Q3 2015.
  • Funds reported $491M of First Commonwealth Financial stock for Q4 2015, down 1.7% quarter-over-quarter.
  • 18 funds opened new First Commonwealth Financial positions in Q4 2015 and 14 closed out, a net change of +4 holders.
  • The largest First Commonwealth Financial buyer in Q4 2015 was Snow Capital Management, an estimated $3.19M added.
  • The largest First Commonwealth Financial seller in Q4 2015 was State Street, an estimated $14.1M sold.

Based on aggregated 13F filings for Q4 2015.