FNB Corp
216 hedge funds and large institutions have $1.59B invested in FNB Corp in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 90 increasing their positions, 54 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
67% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 54
6% more funds holding
Funds holding: 203 → 216 (+13)
2.3% more ownership
Funds ownership: 69.24% → 71.54% (+2.3%)
6% less capital invested
Capital invested by funds: $1.7B → $1.59B (-$105M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$38.3M |
| 2 |
Millennium Management
New York
|
+$16.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.3M |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$12.7M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hamlin Capital Management
New York
|
-$33.1M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$31.3M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$4.16M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.16M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
226
Jefferies Group
New York
| – | -$62K | -4,305 | Closed |
|
|
TRCT
227
Tower Research Capital (TRC)
New York
| – | -$26K | -1,789 | Closed |
|
|
PR
228
Payden & Rygel
Los Angeles,
California
| – | -$5K | -340 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -138 | Closed |
|
FNB Hedge Fund Activity: Q3 2015 in Review
216 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q3 2015, worth a combined $1.59B — down 6.2% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FNB positions and 13 closed out — a net gain of 14 holders — while 90 added to existing stakes and 54 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $38.3M. The largest seller was Hamlin Capital Management, cutting an estimated $33.1M.
- 216 institutional investors held FNB Corp (FNB) as of Q3 2015, up from 203 in Q2 2015.
- Funds reported $1.59B of FNB Corp stock for Q3 2015, down 6.2% quarter-over-quarter.
- 27 funds opened new FNB Corp positions in Q3 2015 and 13 closed out, a net change of +14 holders.
- The largest FNB Corp buyer in Q3 2015 was Glenmede Trust, an estimated $38.3M added.
- The largest FNB Corp seller in Q3 2015 was Hamlin Capital Management, an estimated $33.1M sold.
Based on aggregated 13F filings for Q3 2015.