FNB Corp
255 hedge funds and large institutions have $2.01B invested in FNB Corp in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 105 increasing their positions, 70 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 70
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
9% more capital invested
Capital invested by funds: $1.84B → $2.01B (+$170M)
8.1% more ownership
Funds ownership: 69.71% → 77.81% (+8.1%)
0% more funds holding
Funds holding: 254 → 255 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$60.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27.2M |
| 3 |
HCM
Hamlin Capital Management
New York
|
+$23.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.4M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$52.6M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$15.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$10.9M |
| 4 |
JP Morgan Chase
New York
|
-$5.67M |
| 5 |
CM
Churchill Management
Los Angeles,
California
|
-$5.28M |
FNB Hedge Fund Activity: Q3 2016 in Review
255 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in FNB Corp (FNB) for Q3 2016, worth a combined $2.01B — up 9.2% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FNB positions and 28 closed out — a net gain of 3 holders — while 105 added to existing stakes and 70 trimmed.
The largest buyer was Millennium Management, adding an estimated $60.4M. The largest seller was Victory Capital Management, cutting an estimated $52.6M.
- 255 institutional investors held FNB Corp (FNB) as of Q3 2016, up from 254 in Q2 2016.
- Funds reported $2.01B of FNB Corp stock for Q3 2016, up 9.2% quarter-over-quarter.
- 31 funds opened new FNB Corp positions in Q3 2016 and 28 closed out, a net change of +3 holders.
- The largest FNB Corp buyer in Q3 2016 was Millennium Management, an estimated $60.4M added.
- The largest FNB Corp seller in Q3 2016 was Victory Capital Management, an estimated $52.6M sold.
Based on aggregated 13F filings for Q3 2016.