First Commonwealth Financial
135 hedge funds and large institutions have $499M invested in First Commonwealth Financial in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 9 closing their positions.
102% more call options, than puts
Call options by funds: $216K | Put options by funds: $107K
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
5% more capital invested
Capital invested by funds: $476M → $499M (+$23.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 61.13% → 61.02% (-0.11%)
1% less funds holding
Funds holding: 136 → 135 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.46M |
| 2 |
Renaissance Technologies
New York
|
+$1.05M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$961K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$942K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$2.19M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.14M |
| 3 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$1.57M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$953K |
| 5 |
JP Morgan Chase
New York
|
-$671K |
FCF Hedge Fund Activity: Q2 2016 in Review
135 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q2 2016, worth a combined $499M — up 4.8% from $476M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FCF positions and 9 closed out — a net gain of 1 holder — while 45 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $1.46M. The largest seller was Bank of New York Mellon, cutting an estimated $2.19M.
- 135 institutional investors held First Commonwealth Financial (FCF) as of Q2 2016, down from 136 in Q1 2016.
- Funds reported $499M of First Commonwealth Financial stock for Q2 2016, up 4.8% quarter-over-quarter.
- 10 funds opened new First Commonwealth Financial positions in Q2 2016 and 9 closed out, a net change of +1 holder.
- The largest First Commonwealth Financial buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $1.46M added.
- The largest First Commonwealth Financial seller in Q2 2016 was Bank of New York Mellon, an estimated $2.19M sold.
Based on aggregated 13F filings for Q2 2016.