FNB Corp
FNB
300 hedge funds and large institutions have $3.5B invested in FNB Corp in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 131 increasing their positions, 80 reducing their positions, and 26 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 80
4% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 26
0.21% less ownership
Funds ownership: 77.82% → 77.61% (-0.21%)
1% less funds holding
Funds holding: 302 → 300 (-2)
1% less capital invested
Capital invested by funds: $3.55B → $3.5B (-$50.8M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
88% less call options, than puts
Call options by funds: $512K | Put options by funds: $4.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$25.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$21.2M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$20M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$55.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$38M |
| 3 |
State Street
Boston,
Massachusetts
|
-$30M |
| 4 |
Goldman Sachs
New York
|
-$22.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$22M |
FNB Hedge Fund Activity: Q3 2017 in Review
300 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q3 2017, worth a combined $3.5B — down 1.4% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FNB positions and 26 closed out — a net gain of 1 holder — while 131 added to existing stakes and 80 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $39.7M. The largest seller was Millennium Management, cutting an estimated $55.2M.
- 300 institutional investors held FNB Corp (FNB) as of Q3 2017, down from 302 in Q2 2017.
- Funds reported $3.5B of FNB Corp stock for Q3 2017, down 1.4% quarter-over-quarter.
- 27 funds opened new FNB Corp positions in Q3 2017 and 26 closed out, a net change of +1 holder.
- The largest FNB Corp buyer in Q3 2017 was Fidelity Investments, an estimated $39.7M added.
- The largest FNB Corp seller in Q3 2017 was Millennium Management, an estimated $55.2M sold.
Based on aggregated 13F filings for Q3 2017.