FNB Corp
199 hedge funds and large institutions have $1.42B invested in FNB Corp in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 62 reducing their positions, and 19 closing their positions.
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
15% more capital invested
Capital invested by funds: $1.24B → $1.42B (+$182M)
13% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 62
4% more funds holding
Funds holding: 191 → 199 (+8)
2.18% more ownership
Funds ownership: 61.78% → 63.96% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$40.9M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$26.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$13.7M |
| 5 |
Millennium Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$21.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$21M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$6.46M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$4.99M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$3.85M |
FNB Hedge Fund Activity: Q1 2014 in Review
199 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q1 2014, worth a combined $1.42B — up 15% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FNB positions and 19 closed out — a net gain of 10 holders — while 70 added to existing stakes and 62 trimmed.
The largest buyer was State Street, adding an estimated $40.9M. The largest seller was Citadel Advisors, cutting an estimated $21.3M.
- 199 institutional investors held FNB Corp (FNB) as of Q1 2014, up from 191 in Q4 2013.
- Funds reported $1.42B of FNB Corp stock for Q1 2014, up 15% quarter-over-quarter.
- 29 funds opened new FNB Corp positions in Q1 2014 and 19 closed out, a net change of +10 holders.
- The largest FNB Corp buyer in Q1 2014 was State Street, an estimated $40.9M added.
- The largest FNB Corp seller in Q1 2014 was Citadel Advisors, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2014.