PNC Financial Services Group Inc
PNC.WS
PNC.WS was delisted on the 26th of December, 2018.
31 hedge funds and large institutions have $354M invested in PNC Financial Services Group Inc in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 5 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
69% more capital invested
Capital invested by funds: $210M → $354M (+$144M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 30 → 31 (+1)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$42.9M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$10.8M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$8.52M |
| 4 |
EGA
E&G Advisors
Houston,
Texas
|
+$221K |
| 5 |
LPL Financial
San Diego,
California
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$45.8M |
| 2 |
TAM
Third Avenue Management
New York
|
-$42.3M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$5.04M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$2.7M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
26
Circle Wealth Management
Summit,
New Jersey
| $275K | +$205K | +5,572 | New |
|
27
Wells Fargo
San Francisco,
California
| $231K | -$25.8K | -700 | -13% |
|
|
28
LPL Financial
San Diego,
California
| $211K | +$154K | +4,173 | New |
|
|
LWCFA
29
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $197K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $163K | -$779K | -21,133 | -86% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $32K | – | – | – |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| $10K | +$8.11K | +220 | New |
|
33
Morgan Stanley
New York
| $4K | – | – | – |
|
|
34
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$45.8M | -1,948,989 | Closed |
|
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1.83M | -77,807 | Closed |
|
|
CCP
36
Centaur Capital Partners
Southlake,
Texas
| – | -$1.01M | -43,000 | Closed |
|
37
Adage Capital Partners
Boston,
Massachusetts
| – | -$305K | -13,000 | Closed |
|
|
MCA
38
Mercer Capital Advisers
Little Silver,
New Jersey
| – | -$5K | -200 | Closed |
|
PNC.WS Hedge Fund Activity: Q4 2016 in Review
31 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services Group Inc (PNC.WS) for Q4 2016, worth a combined $354M — up 69% from $210M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PNC.WS positions and 5 closed out — a net gain of 1 holder — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Highbridge Capital Management, adding an estimated $42.9M. The largest seller was CI Investments Inc, exiting entirely with an estimated $45.8M sold.
- 31 institutional investors held PNC Financial Services Group Inc (PNC.WS) as of Q4 2016, up from 30 in Q3 2016.
- Funds reported $354M of PNC Financial Services Group Inc stock for Q4 2016, up 69% quarter-over-quarter.
- 6 funds opened new PNC Financial Services Group Inc positions in Q4 2016 and 5 closed out, a net change of +1 holder.
- The largest PNC Financial Services Group Inc buyer in Q4 2016 was Highbridge Capital Management, an estimated $42.9M added.
- The largest PNC Financial Services Group Inc seller in Q4 2016 was CI Investments Inc, an estimated $45.8M sold.
Based on aggregated 13F filings for Q4 2016.