PNC Financial Services
PNC
942 hedge funds and large institutions have $38.8B invested in PNC Financial Services in 2014 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 326 increasing their positions, 357 reducing their positions, and 46 closing their positions.
102% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 46
33% more call options, than puts
Call options by funds: $331M | Put options by funds: $249M
11% more funds holding in top 10
Funds holding in top 10: 27 → 30 (+3)
6% more capital invested
Capital invested by funds: $36.5B → $38.8B (+$2.21B)
4% more funds holding
Funds holding: 903 → 942 (+39)
1.81% more ownership
Funds ownership: 79.32% → 81.14% (+1.8%)
9% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 357
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$117M |
| 2 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$77.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$70.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$58.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
-$439M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$66.8M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$55.7M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$51.6M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$50.2M |
PNC Hedge Fund Activity: Q4 2014 in Review
942 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2014, worth a combined $38.8B — up 6% from $36.5B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new PNC positions and 46 closed out — a net gain of 47 holders — while 326 added to existing stakes and 357 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $117M. The largest seller was Institutional Capital, cutting an estimated $439M.
- 942 institutional investors held PNC Financial Services (PNC) as of Q4 2014, up from 903 in Q3 2014.
- Funds reported $38.8B of PNC Financial Services stock for Q4 2014, up 6% quarter-over-quarter.
- 93 funds opened new PNC Financial Services positions in Q4 2014 and 46 closed out, a net change of +47 holders.
- The largest PNC Financial Services buyer in Q4 2014 was JP Morgan Chase, an estimated $117M added.
- The largest PNC Financial Services seller in Q4 2014 was Institutional Capital, an estimated $439M sold.
Based on aggregated 13F filings for Q4 2014.