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PNC Financial Services

1,417 hedge funds and large institutions have $41.1B invested in PNC Financial Services in 2023 Q1 according to their latest regulatory filings, with 121 funds opening new positions, 591 increasing their positions, 498 reducing their positions, and 150 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $654M | Put options by funds: $502M

19% more repeat investments, than reductions

Existing positions increased: 591 | Existing positions reduced: 498

0.9% less ownership

Funds ownership: 81.76%80.85% (-0.9%)

4% less funds holding

Funds holding: 1,4781,417 (-61)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

19% less first-time investments, than exits

New positions opened: 121 | Existing positions closed: 150

21% less capital invested

Capital invested by funds: $52.1B → $41.1B (-$11B)

Holders
1,417
Holders Change
-61
Holders Change %
-4.13%
% of All Funds
22.58%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
121
Increased
591
Reduced
498
Closed
150
Calls
$654M
Puts
$502M
Net Calls
+$152M
Net Calls Change
+$27.8M
Name Holding Trade Value Shares
Change
Change in
Stake
AAS
351
Avantax Advisory Services
Texas
$4.42M +$387K +2,567 +8%
CI
352
CX Institutional
Indiana
$4.36M +$4.99M +33,101 +2,042%
Northwestern Mutual Wealth Management
353
Northwestern Mutual Wealth Management
Wisconsin
$4.35M -$68.9K -457 -1%
HPG
354
Harvest Portfolios Group
Ontario, Canada
$4.34M +$1.27M +8,404 +33%
AWM
355
AE Wealth Management
Kansas
$4.34M -$385K -2,553 -7%
Cetera Investment Advisers
356
Cetera Investment Advisers
Illinois
$4.34M +$213K +1,411 +4%
CAN
357
Cetera Advisor Networks
California
$4.34M +$46.7K +310 +0.9%
Wealthfront Advisers
358
Wealthfront Advisers
California
$4.3M +$1.13M +7,497 +28%
HIMCH
359
Hartford Investment Management Co (HIMCO)
Connecticut
$4.29M +$690K +4,578 +16%
TCM
360
Telos Capital Management
California
$4.28M +$415K +2,749 +9%
SWP
361
Stratos Wealth Partners
Ohio
$4.23M -$318K -2,110 -6%
CWM
362
Curi Wealth Management
North Carolina
$4.23M +$4.54M +30,092 +946%
M
363
MOTCO
Texas
$4.22M +$4.9M +32,526 +4,581%
ACM
364
Argyle Capital Management
Pennsylvania
$4.22M +$121K +800 +2%
SAM
365
Securian Asset Management
Minnesota
$4.2M -$15.1K -100 -0.3%
PL
366
Parthenon LLC
Kentucky
$4.19M -$30.2K -200 -0.6%
LCM
367
Logan Capital Management
Pennsylvania
$4.17M +$104K +687 +2%
BMC
368
Benin Management Corp
Connecticut
$4.1M -$3.77K -25 -0.1%
M1FG
369
Mach-1 Financial Group
Arkansas
$4.07M -$1.76M -11,668 -100%
PJSIMP
370
P.J. Schmidt Investment Management (PJS)
Wisconsin
$4.06M -$38K -252 -0.8%
MSRPS
371
Maryland State Retirement & Pension System
Maryland
$4.04M
BMSSC
372
B. Metzler seel. Sohn & Co
Germany
$4.04M +$81.6K +541 +2%
KRS
373
Kentucky Retirement Systems
Kentucky
$4.03M -$81.3K -539 -2%
VM
374
Venator Management
Pennsylvania
$4.02M +$1.24M +8,223 +35%
Daiwa Securities Group
375
Daiwa Securities Group
Japan
$3.96M +$219K +1,451 +5%

PNC Hedge Fund Activity: Q1 2023 in Review

1,417 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2023, worth a combined $41.1B — down 21% from $52.1B a quarter earlier.

Sellers outnumbered buyers: 150 funds closed out of PNC and 121 opened new positions — a net loss of 29 holders — while 498 trimmed existing stakes and 591 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.14B. The largest seller was Capital Research Global Investors, cutting an estimated $1.84B.

  • 1,417 institutional investors held PNC Financial Services (PNC) as of Q1 2023, down from 1,478 in Q4 2022.
  • Funds reported $41.1B of PNC Financial Services stock for Q1 2023, down 21% quarter-over-quarter.
  • 121 funds opened new PNC Financial Services positions in Q1 2023 and 150 closed out, a net change of -29 holders.
  • The largest PNC Financial Services buyer in Q1 2023 was T. Rowe Price Associates, an estimated $1.14B added.
  • The largest PNC Financial Services seller in Q1 2023 was Capital Research Global Investors, an estimated $1.84B sold.

Based on aggregated 13F filings for Q1 2023.