First Commonwealth Financial
168 hedge funds and large institutions have $1.09B invested in First Commonwealth Financial in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 62 increasing their positions, 46 reducing their positions, and 23 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 46
13% more capital invested
Capital invested by funds: $969M → $1.09B (+$123M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.17% less ownership
Funds ownership: 70.3% → 70.13% (-0.17%)
5% less funds holding
Funds holding: 177 → 168 (-9)
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.2M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$12.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.42M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.33M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.45M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.53M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.26M |
| 5 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$1.8M |
FCF Hedge Fund Activity: Q2 2018 in Review
168 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q2 2018, worth a combined $1.09B — up 13% from $969M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of FCF and 14 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 62 added.
The largest buyer was BlackRock, adding an estimated $17.2M. The largest seller was AllianceBernstein, cutting an estimated $5.45M.
- 168 institutional investors held First Commonwealth Financial (FCF) as of Q2 2018, down from 177 in Q1 2018.
- Funds reported $1.09B of First Commonwealth Financial stock for Q2 2018, up 13% quarter-over-quarter.
- 14 funds opened new First Commonwealth Financial positions in Q2 2018 and 23 closed out, a net change of -9 holders.
- The largest First Commonwealth Financial buyer in Q2 2018 was BlackRock, an estimated $17.2M added.
- The largest First Commonwealth Financial seller in Q2 2018 was AllianceBernstein, an estimated $5.45M sold.
Based on aggregated 13F filings for Q2 2018.