PNC Financial Services
941 hedge funds and large institutions have $32.6B invested in PNC Financial Services in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 343 increasing their positions, 382 reducing their positions, and 60 closing their positions.
34% more call options, than puts
Call options by funds: $167M | Put options by funds: $125M
5% less capital invested
Capital invested by funds: $34.2B → $32.6B (-$1.55B)
2% less funds holding
Funds holding: 961 → 941 (-20)
3.28% less ownership
Funds ownership: 83.53% → 80.25% (-3.3%)
10% less repeat investments, than reductions
Existing positions increased: 343 | Existing positions reduced: 382
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
18% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$120M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$77.1M |
| 3 |
JP Morgan Chase
New York
|
+$71.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$886M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$535M |
| 3 |
Renaissance Technologies
New York
|
-$67.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$66.3M |
| 5 |
Morgan Stanley
New York
|
-$62.3M |
PNC Hedge Fund Activity: Q2 2016 in Review
941 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2016, worth a combined $32.6B — down 4.5% from $34.2B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of PNC and 49 opened new positions — a net loss of 11 holders — while 382 trimmed existing stakes and 343 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $120M. The largest seller was Royal London Asset Management, cutting an estimated $886M.
- 941 institutional investors held PNC Financial Services (PNC) as of Q2 2016, down from 961 in Q1 2016.
- Funds reported $32.6B of PNC Financial Services stock for Q2 2016, down 4.5% quarter-over-quarter.
- 49 funds opened new PNC Financial Services positions in Q2 2016 and 60 closed out, a net change of -11 holders.
- The largest PNC Financial Services buyer in Q2 2016 was Massachusetts Financial Services, an estimated $120M added.
- The largest PNC Financial Services seller in Q2 2016 was Royal London Asset Management, an estimated $886M sold.
Based on aggregated 13F filings for Q2 2016.