First Commonwealth Financial
138 hedge funds and large institutions have $552M invested in First Commonwealth Financial in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
24% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 41
10% more capital invested
Capital invested by funds: $499M → $552M (+$52.4M)
2% more funds holding
Funds holding: 135 → 138 (+3)
0.99% more ownership
Funds ownership: 61.02% → 62.01% (+0.99%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.43M |
| 2 |
TA
Teachers Advisors
New York
|
+$2.71M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.14M |
| 5 |
Renaissance Technologies
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$3.79M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.16M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$995K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$914K |
| 5 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$787K |
FCF Hedge Fund Activity: Q3 2016 in Review
138 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q3 2016, worth a combined $552M — up 10% from $499M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FCF positions and 5 closed out — a net gain of 3 holders — while 51 added to existing stakes and 41 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $5.43M. The largest seller was Victory Capital Management, cutting an estimated $3.79M.
- 138 institutional investors held First Commonwealth Financial (FCF) as of Q3 2016, up from 135 in Q2 2016.
- Funds reported $552M of First Commonwealth Financial stock for Q3 2016, up 10% quarter-over-quarter.
- 8 funds opened new First Commonwealth Financial positions in Q3 2016 and 5 closed out, a net change of +3 holders.
- The largest First Commonwealth Financial buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $5.43M added.
- The largest First Commonwealth Financial seller in Q3 2016 was Victory Capital Management, an estimated $3.79M sold.
Based on aggregated 13F filings for Q3 2016.