First Commonwealth Financial
160 hedge funds and large institutions have $570M invested in First Commonwealth Financial in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 62 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
1% more funds holding
Funds holding: 158 → 160 (+2)
1.1% more ownership
Funds ownership: 69.19% → 70.29% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $621M → $570M (-$50.6M)
26% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 62
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $110K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$5.88M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.95M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.53M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.49M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$5.77M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.81M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.5M |
| 5 |
Renaissance Technologies
New York
|
-$1.41M |
FCF Hedge Fund Activity: Q2 2020 in Review
160 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q2 2020, worth a combined $570M — down 8.2% from $621M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FCF positions and 18 closed out — a net gain of 3 holders — while 46 added to existing stakes and 62 trimmed.
The largest buyer was Charles Schwab, adding an estimated $5.88M. The largest seller was Victory Capital Management, cutting an estimated $5.77M.
- 160 institutional investors held First Commonwealth Financial (FCF) as of Q2 2020, up from 158 in Q1 2020.
- Funds reported $570M of First Commonwealth Financial stock for Q2 2020, down 8.2% quarter-over-quarter.
- 21 funds opened new First Commonwealth Financial positions in Q2 2020 and 18 closed out, a net change of +3 holders.
- The largest First Commonwealth Financial buyer in Q2 2020 was Charles Schwab, an estimated $5.88M added.
- The largest First Commonwealth Financial seller in Q2 2020 was Victory Capital Management, an estimated $5.77M sold.
Based on aggregated 13F filings for Q2 2020.