PNC Financial Services
1,207 hedge funds and large institutions have $50.7B invested in PNC Financial Services in 2018 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 428 increasing their positions, 454 reducing their positions, and 67 closing their positions.
21% more call options, than puts
Call options by funds: $299M | Put options by funds: $247M
21% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 67
0% more funds holding
Funds holding: 1,206 → 1,207 (+1)
0.05% less ownership
Funds ownership: 80.39% → 80.34% (-0.05%)
0% less capital invested
Capital invested by funds: $50.9B → $50.7B (-$175M)
6% less repeat investments, than reductions
Existing positions increased: 428 | Existing positions reduced: 454
22% less funds holding in top 10
Funds holding in top 10: 23 → 18 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$865M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$444M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$212M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$197M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$170M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.16B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$447M |
| 3 |
Jennison Associates
New York
|
-$292M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$224M |
| 5 |
Bank of New York Mellon
New York
|
-$166M |
PNC Hedge Fund Activity: Q3 2018 in Review
1,207 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q3 2018, worth a combined $50.7B — down 0.34% from $50.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new PNC positions and 67 closed out — a net gain of 14 holders — while 428 added to existing stakes and 454 trimmed.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $865M. The largest seller was Capital Research Global Investors, cutting an estimated $1.16B.
- 1,207 institutional investors held PNC Financial Services (PNC) as of Q3 2018, up from 1,206 in Q2 2018.
- Funds reported $50.7B of PNC Financial Services stock for Q3 2018, down 0.34% quarter-over-quarter.
- 81 funds opened new PNC Financial Services positions in Q3 2018 and 67 closed out, a net change of +14 holders.
- The largest PNC Financial Services buyer in Q3 2018 was Berkshire Hathaway, an estimated $865M added.
- The largest PNC Financial Services seller in Q3 2018 was Capital Research Global Investors, an estimated $1.16B sold.
Based on aggregated 13F filings for Q3 2018.