First Commonwealth Financial
173 hedge funds and large institutions have $987M invested in First Commonwealth Financial in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 46 increasing their positions, 68 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
10% more capital invested
Capital invested by funds: $895M → $987M (+$91.7M)
7% more funds holding
Funds holding: 162 → 173 (+11)
0.74% more ownership
Funds ownership: 68.41% → 69.16% (+0.74%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
32% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$18.2M |
| 2 |
Millennium Management
New York
|
+$4.14M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.57M |
| 4 |
Morgan Stanley
New York
|
+$3.31M |
| 5 |
Goldman Sachs
New York
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.69M |
| 2 |
JP Morgan Chase
New York
|
-$4.16M |
| 3 |
Renaissance Technologies
New York
|
-$2.96M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.86M |
| 5 |
3C
361 Capital
Denver,
Colorado
|
-$2.65M |
FCF Hedge Fund Activity: Q4 2019 in Review
173 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q4 2019, worth a combined $987M — up 10% from $895M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FCF positions and 11 closed out — a net gain of 14 holders — while 46 added to existing stakes and 68 trimmed.
The largest buyer was Invesco, adding an estimated $18.2M. The largest seller was Nuveen, cutting an estimated $5.69M.
- 173 institutional investors held First Commonwealth Financial (FCF) as of Q4 2019, up from 162 in Q3 2019.
- Funds reported $987M of First Commonwealth Financial stock for Q4 2019, up 10% quarter-over-quarter.
- 25 funds opened new First Commonwealth Financial positions in Q4 2019 and 11 closed out, a net change of +14 holders.
- The largest First Commonwealth Financial buyer in Q4 2019 was Invesco, an estimated $18.2M added.
- The largest First Commonwealth Financial seller in Q4 2019 was Nuveen, an estimated $5.69M sold.
Based on aggregated 13F filings for Q4 2019.