First Commonwealth Financial
158 hedge funds and large institutions have $621M invested in First Commonwealth Financial in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 56 reducing their positions, and 28 closing their positions.
0.04% more ownership
Funds ownership: 69.16% → 69.19% (+0.04%)
2% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 56
9% less funds holding
Funds holding: 173 → 158 (-15)
37% less capital invested
Capital invested by funds: $987M → $621M (-$366M)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.37M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.4M |
| 4 |
JP Morgan Chase
New York
|
+$1.72M |
| 5 |
Goldman Sachs
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.69M |
| 2 |
Morgan Stanley
New York
|
-$2.8M |
| 3 |
PI
PineBridge Investments
New York
|
-$1.83M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$1.57M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.38M |
FCF Hedge Fund Activity: Q1 2020 in Review
158 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q1 2020, worth a combined $621M — down 37% from $987M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FCF and 16 opened new positions — a net loss of 12 holders — while 56 trimmed existing stakes and 55 added.
The largest buyer was Vanguard Group, adding an estimated $5.3M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.69M sold.
- 158 institutional investors held First Commonwealth Financial (FCF) as of Q1 2020, down from 173 in Q4 2019.
- Funds reported $621M of First Commonwealth Financial stock for Q1 2020, down 37% quarter-over-quarter.
- 16 funds opened new First Commonwealth Financial positions in Q1 2020 and 28 closed out, a net change of -12 holders.
- The largest First Commonwealth Financial buyer in Q1 2020 was Vanguard Group, an estimated $5.3M added.
- The largest First Commonwealth Financial seller in Q1 2020 was Acadian Asset Management, an estimated $3.69M sold.
Based on aggregated 13F filings for Q1 2020.