FNB Corp
268 hedge funds and large institutions have $2.86B invested in FNB Corp in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 95 increasing their positions, 81 reducing their positions, and 23 closing their positions.
87% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 23
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
43% more capital invested
Capital invested by funds: $2B → $2.86B (+$858M)
17% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 81
6.87% more ownership
Funds ownership: 77.81% → 84.68% (+6.9%)
6% more funds holding
Funds holding: 253 → 268 (+15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$52.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$29.5M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$25.4M |
| 5 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$29.8M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$27.1M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$13.8M |
| 4 |
Millennium Management
New York
|
-$12.5M |
| 5 |
Two Sigma Advisers
New York
|
-$10.9M |
FNB Hedge Fund Activity: Q4 2016 in Review
268 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q4 2016, worth a combined $2.86B — up 43% from $2B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FNB positions and 23 closed out — a net gain of 20 holders — while 95 added to existing stakes and 81 trimmed.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $52.8M. The largest seller was Citadel Advisors, cutting an estimated $29.8M.
- 268 institutional investors held FNB Corp (FNB) as of Q4 2016, up from 253 in Q3 2016.
- Funds reported $2.86B of FNB Corp stock for Q4 2016, up 43% quarter-over-quarter.
- 43 funds opened new FNB Corp positions in Q4 2016 and 23 closed out, a net change of +20 holders.
- The largest FNB Corp buyer in Q4 2016 was Systematic Financial Management, an estimated $52.8M added.
- The largest FNB Corp seller in Q4 2016 was Citadel Advisors, an estimated $29.8M sold.
Based on aggregated 13F filings for Q4 2016.