PNC Financial Services Group Inc
PNC.WS
PNC.WS was delisted on the 26th of December, 2018.
30 hedge funds and large institutions have $210M invested in PNC Financial Services Group Inc in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 7 closing their positions.
35% more capital invested
Capital invested by funds: $155M → $210M (+$54.6M)
17% less funds holding
Funds holding: 36 → 30 (-6)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
+$6.13M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$4.94M |
| 3 |
ICM
Ionic Capital Management
New York
|
+$2.68M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.36M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$11.4M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$5.08M |
| 3 |
RA
Raffles Associates
New York
|
-$1.87M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.53M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$889K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
26
Salzhauer Michael
| $347K | -$121 | -6 | -0% |
|
27
Adage Capital Partners
Boston,
Massachusetts
| $305K | – | – | – |
|
|
LWCFA
28
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $164K | – | – | – |
|
29
Wells Fargo
San Francisco,
California
| $126K | -$12.6K | -625 | -10% |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $15K | -$7.06K | -349 | -35% |
|
|
MCA
31
Mercer Capital Advisers
Little Silver,
New Jersey
| $5K | – | – | – |
|
32
Morgan Stanley
New York
| $2K | – | – | – |
|
|
RA
33
Raffles Associates
New York
| – | -$1.87M | -107,300 | Closed |
|
|
ACPU
34
Arrowgrass Capital Partners (US)
Dover,
Delaware
| – | -$488K | -28,032 | Closed |
|
|
SFG
35
Sather Financial Group
Victoria,
Texas
| – | -$447K | -25,675 | Closed |
|
36
Envestnet Asset Management
Chicago,
Illinois
| – | -$40K | -2,316 | Closed |
|
37
Creative Planning
Overland Park,
Kansas
| – | -$5K | -310 | Closed |
|
|
WP
38
WealthPLAN Partners
Omaha,
Nebraska
| – | -$1.74K | -200 | Closed |
|
39
AssetMark Inc
Concord,
California
| – | -$14K | -170 | Closed |
|
PNC.WS Hedge Fund Activity: Q3 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services Group Inc (PNC.WS) for Q3 2016, worth a combined $210M — up 35% from $155M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PNC.WS and 1 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was OTA Financial Group, adding an estimated $6.13M. The largest seller was Schwartz Investment Counsel, cutting an estimated $11.4M.
- 30 institutional investors held PNC Financial Services Group Inc (PNC.WS) as of Q3 2016, down from 36 in Q2 2016.
- Funds reported $210M of PNC Financial Services Group Inc stock for Q3 2016, up 35% quarter-over-quarter.
- 1 fund opened new PNC Financial Services Group Inc positions in Q3 2016 and 7 closed out, a net change of -6 holders.
- The largest PNC Financial Services Group Inc buyer in Q3 2016 was OTA Financial Group, an estimated $6.13M added.
- The largest PNC Financial Services Group Inc seller in Q3 2016 was Schwartz Investment Counsel, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2016.