First Commonwealth Financial
175 hedge funds and large institutions have $703M invested in First Commonwealth Financial in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 65 reducing their positions, and 25 closing their positions.
44% more call options, than puts
Call options by funds: $244K | Put options by funds: $169K
40% more capital invested
Capital invested by funds: $503M → $703M (+$199M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 67% → 66.83% (-0.17%)
2% less funds holding
Funds holding: 178 → 175 (-3)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
23% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.35M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.82M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.45M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.25M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$947K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.74M |
| 2 |
Millennium Management
New York
|
-$3.66M |
| 3 |
Renaissance Technologies
New York
|
-$3.39M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.72M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.67M |
FCF Hedge Fund Activity: Q4 2020 in Review
175 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Commonwealth Financial (FCF) for Q4 2020, worth a combined $703M — up 40% from $503M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FCF and 22 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 50 added.
The largest buyer was Bank of Montreal, adding an estimated $4.35M. The largest seller was Arrowstreet Capital, cutting an estimated $3.74M.
- 175 institutional investors held First Commonwealth Financial (FCF) as of Q4 2020, down from 178 in Q3 2020.
- Funds reported $703M of First Commonwealth Financial stock for Q4 2020, up 40% quarter-over-quarter.
- 22 funds opened new First Commonwealth Financial positions in Q4 2020 and 25 closed out, a net change of -3 holders.
- The largest First Commonwealth Financial buyer in Q4 2020 was Bank of Montreal, an estimated $4.35M added.
- The largest First Commonwealth Financial seller in Q4 2020 was Arrowstreet Capital, an estimated $3.74M sold.
Based on aggregated 13F filings for Q4 2020.