PNC Financial Services
PNC
849 hedge funds and large institutions have $33.2B invested in PNC Financial Services in 2013 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 324 increasing their positions, 281 reducing their positions, and 38 closing their positions.
187% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 38
15% more repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 281
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
8% more funds holding
Funds holding: 783 → 849 (+66)
7% more capital invested
Capital invested by funds: $31.1B → $33.2B (+$2.14B)
0.39% less ownership
Funds ownership: 81.18% → 80.79% (-0.39%)
9% less call options, than puts
Call options by funds: $298M | Put options by funds: $327M
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$163M |
| 2 |
Axa
Paris,
France
|
+$79M |
| 3 |
IC
Institutional Capital
Chicago,
Illinois
|
+$78.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$63.3M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$60.8M |
Top Sellers
PNC Hedge Fund Activity: Q4 2013 in Review
849 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2013, worth a combined $33.2B — up 6.9% from $31.1B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new PNC positions and 38 closed out — a net gain of 71 holders — while 324 added to existing stakes and 281 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $163M. The largest seller was Fidelity Investments, cutting an estimated $509M.
- 849 institutional investors held PNC Financial Services (PNC) as of Q4 2013, up from 783 in Q3 2013.
- Funds reported $33.2B of PNC Financial Services stock for Q4 2013, up 6.9% quarter-over-quarter.
- 109 funds opened new PNC Financial Services positions in Q4 2013 and 38 closed out, a net change of +71 holders.
- The largest PNC Financial Services buyer in Q4 2013 was Bank of New York Mellon, an estimated $163M added.
- The largest PNC Financial Services seller in Q4 2013 was Fidelity Investments, an estimated $509M sold.
Based on aggregated 13F filings for Q4 2013.