FNB Corp
190 hedge funds and large institutions have $1.21B invested in FNB Corp in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 81 increasing their positions, 45 reducing their positions, and 8 closing their positions.
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 45
9% more funds holding
Funds holding: 174 → 190 (+16)
9% more capital invested
Capital invested by funds: $1.11B → $1.21B (+$101M)
2.74% less ownership
Funds ownership: 64.53% → 61.78% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.79M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.2M |
| 5 |
Neuberger Berman Group
New York
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$20.7M |
| 3 |
JP Morgan Chase
New York
|
-$3.2M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.38M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.22M |
FNB Hedge Fund Activity: Q4 2013 in Review
190 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q4 2013, worth a combined $1.21B — up 9.1% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNB positions and 8 closed out — a net gain of 18 holders — while 81 added to existing stakes and 45 trimmed.
The largest buyer was Vanguard Group, adding an estimated $12.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $21.1M sold.
- 190 institutional investors held FNB Corp (FNB) as of Q4 2013, up from 174 in Q3 2013.
- Funds reported $1.21B of FNB Corp stock for Q4 2013, up 9.1% quarter-over-quarter.
- 26 funds opened new FNB Corp positions in Q4 2013 and 8 closed out, a net change of +18 holders.
- The largest FNB Corp buyer in Q4 2013 was Vanguard Group, an estimated $12.8M added.
- The largest FNB Corp seller in Q4 2013 was Lord, Abbett & Co, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2013.