FNB Corp
FNB
203 hedge funds and large institutions have $1.7B invested in FNB Corp in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 58
13% more capital invested
Capital invested by funds: $1.5B → $1.7B (+$197M)
2.84% more ownership
Funds ownership: 66.4% → 69.24% (+2.8%)
2% less funds holding
Funds holding: 208 → 203 (-5)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$30M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$16.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$13.2M |
| 4 |
Neuberger Berman Group
New York
|
+$11.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$19.7M |
| 2 |
Millennium Management
New York
|
-$6.26M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$3.54M |
| 4 |
FGP
Foyston, Gordon, & Payne
Toronto,
Ontario, Canada
|
-$3.41M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.1M |
FNB Hedge Fund Activity: Q2 2015 in Review
203 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q2 2015, worth a combined $1.7B — up 13% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FNB and 13 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 83 added.
The largest buyer was Comerica Bank, adding an estimated $30M. The largest seller was Lombardia Capital Partners, cutting an estimated $19.7M.
- 203 institutional investors held FNB Corp (FNB) as of Q2 2015, down from 208 in Q1 2015.
- Funds reported $1.7B of FNB Corp stock for Q2 2015, up 13% quarter-over-quarter.
- 13 funds opened new FNB Corp positions in Q2 2015 and 16 closed out, a net change of -3 holders.
- The largest FNB Corp buyer in Q2 2015 was Comerica Bank, an estimated $30M added.
- The largest FNB Corp seller in Q2 2015 was Lombardia Capital Partners, an estimated $19.7M sold.
Based on aggregated 13F filings for Q2 2015.