PNC Financial Services Group Inc
PNC.WS
PNC.WS was delisted on the 26th of December, 2018.
31 hedge funds and large institutions have $177M invested in PNC Financial Services Group Inc in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
9% less funds holding
Funds holding: 34 → 31 (-3)
27% less capital invested
Capital invested by funds: $243M → $177M (-$66.2M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$3.39M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.27M |
| 3 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$1.41M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.09M |
| 5 |
CCP
Centaur Capital Partners
Southlake,
Texas
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$8.04M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$868K |
| 3 |
TAM
Third Avenue Management
New York
|
-$531K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$290K |
| 5 |
PA
Pinnacle Associates
New York
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWCFA
26
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $142K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $122K | – | – | – |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $46K | -$16K | -764 | -25% |
|
|
AIG
29
American International Group
New York
| $13K | – | – | – |
|
30
AssetMark Inc
Concord,
California
| $4K | – | – | – |
|
|
MCA
31
Mercer Capital Advisers
Little Silver,
New Jersey
| $4K | – | – | – |
|
32
Morgan Stanley
New York
| $2K | – | – | – |
|
|
MG
33
Magnolia Group
Omaha,
Nebraska
| – | -$8.04M | -279,960 | Closed |
|
|
RJA
34
Raymond James & Associates
St Petersburg,
Florida
| – | -$290K | -10,100 | Closed |
|
35
LPL Financial
San Diego,
California
| – | -$227K | -8,458 | Closed |
|
|
PA
36
Pinnacle Associates
New York
| – | -$234K | -8,152 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$3K | -110 | Closed |
|
PNC.WS Hedge Fund Activity: Q1 2016 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services Group Inc (PNC.WS) for Q1 2016, worth a combined $177M — down 27% from $243M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PNC.WS and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Ionic Capital Management, adding an estimated $3.39M. The largest seller was Magnolia Group, exiting entirely with an estimated $8.04M sold.
- 31 institutional investors held PNC Financial Services Group Inc (PNC.WS) as of Q1 2016, down from 34 in Q4 2015.
- Funds reported $177M of PNC Financial Services Group Inc stock for Q1 2016, down 27% quarter-over-quarter.
- 2 funds opened new PNC Financial Services Group Inc positions in Q1 2016 and 5 closed out, a net change of -3 holders.
- The largest PNC Financial Services Group Inc buyer in Q1 2016 was Ionic Capital Management, an estimated $3.39M added.
- The largest PNC Financial Services Group Inc seller in Q1 2016 was Magnolia Group, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2016.