PNC Financial Services Group Inc
PNC.WS
PNC.WS was delisted on the 26th of December, 2018.
30 hedge funds and large institutions have $150M invested in PNC Financial Services Group Inc in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 6 closing their positions.
3% less funds holding
Funds holding: 31 → 30 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
58% less capital invested
Capital invested by funds: $354M → $150M (-$204M)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$691K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$312K |
| 3 |
KFC
Klingenstein Fields & Co
New York
|
+$221K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$20.7K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$16.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$72.3M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$39.3M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$32.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $34K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $20K | +$20.7K | +375 | New |
|
|
IWM
28
IHT Wealth Management
Chicago,
Illinois
| $15K | +$16.6K | +300 | New |
|
29
Morgan Stanley
New York
| $7K | +$2.87K | +52 | +60% |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | -$6.08K | -110 | -50% |
|
|
WP
31
WealthPLAN Partners
Omaha,
Nebraska
| $5.1K | +$5.53K | +100 | New |
|
|
CCA
32
Castle Creek Arbitrage
Avon,
Colorado
| – | -$39.3M | -792,555 | Closed |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$18.9M | -380,889 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$17.9M | -362,761 | Closed |
|
|
ICM
35
Ionic Capital Management
New York
| – | -$15.1M | -305,272 | Closed |
|
|
CL
36
CSS LLC
Chicago,
Illinois
| – | -$9.16M | -185,717 | Closed |
|
|
PG
37
PEAK6 Group
Chicago,
Illinois
| – | -$1.69M | -34,255 | Closed |
|
PNC.WS Hedge Fund Activity: Q1 2017 in Review
30 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services Group Inc (PNC.WS) for Q1 2017, worth a combined $150M — down 58% from $354M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PNC.WS and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 4 added.
The largest buyer was Bluefin Capital Management, adding an estimated $691K. The largest seller was Highbridge Capital Management, cutting an estimated $72.3M.
- 30 institutional investors held PNC Financial Services Group Inc (PNC.WS) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $150M of PNC Financial Services Group Inc stock for Q1 2017, down 58% quarter-over-quarter.
- 5 funds opened new PNC Financial Services Group Inc positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest PNC Financial Services Group Inc buyer in Q1 2017 was Bluefin Capital Management, an estimated $691K added.
- The largest PNC Financial Services Group Inc seller in Q1 2017 was Highbridge Capital Management, an estimated $72.3M sold.
Based on aggregated 13F filings for Q1 2017.