PNC Financial Services
1,539 hedge funds and large institutions have $51.4B invested in PNC Financial Services in 2024 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 605 increasing their positions, 546 reducing their positions, and 86 closing their positions.
47% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 86
22% more call options, than puts
Call options by funds: $472M | Put options by funds: $387M
11% more repeat investments, than reductions
Existing positions increased: 605 | Existing positions reduced: 546
1% more funds holding
Funds holding: 1,524 → 1,539 (+15)
0.05% less ownership
Funds ownership: 83.16% → 83.11% (-0.05%)
4% less capital invested
Capital invested by funds: $53.4B → $51.4B (-$2B)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$143M |
| 2 |
Amundi
Paris,
France
|
+$122M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$91.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$89.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$498M |
| 2 |
Barclays
London,
United Kingdom
|
-$157M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$142M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$107M |
| 5 |
BlackRock
New York
|
-$97.1M |
PNC Hedge Fund Activity: Q2 2024 in Review
1,539 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2024, worth a combined $51.4B — down 3.7% from $53.4B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new PNC positions and 86 closed out — a net gain of 40 holders — while 605 added to existing stakes and 546 trimmed.
The largest buyer was Norges Bank, adding an estimated $143M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $498M.
- 1,539 institutional investors held PNC Financial Services (PNC) as of Q2 2024, up from 1,524 in Q1 2024.
- Funds reported $51.4B of PNC Financial Services stock for Q2 2024, down 3.7% quarter-over-quarter.
- 126 funds opened new PNC Financial Services positions in Q2 2024 and 86 closed out, a net change of +40 holders.
- The largest PNC Financial Services buyer in Q2 2024 was Norges Bank, an estimated $143M added.
- The largest PNC Financial Services seller in Q2 2024 was T. Rowe Price Investment Management, an estimated $498M sold.
Based on aggregated 13F filings for Q2 2024.