We are live on ! Find out more
PNC icon

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
BG
26
Bahl & Gaynor
Ohio
$365M +$68.9M +457,244 +19%
Legal & General Group
27
Legal & General Group
United Kingdom
$360M +$4.44M +29,470 +1%
Wells Fargo
28
Wells Fargo
California
$310M +$14.7M +97,738 +4%
Lazard Asset Management
29
Lazard Asset Management
New York
$305M -$156M -1,034,005 -30%
Charles Schwab
30
Charles Schwab
California
$281M +$2.18M +14,443 +0.7%
PTC
31
Provident Trust Company
Wisconsin
$280M +$15.2M +100,709 +5%
UBS AM
32
UBS AM
Illinois
$278M -$9.96M -66,027 -3%
Capital Research Global Investors
33
Capital Research Global Investors
California
$272M -$1.84B -12,198,018 -85%
Principal Financial Group
34
Principal Financial Group
Iowa
$271M +$19.7M +130,467 +7%
Dimensional Fund Advisors
35
Dimensional Fund Advisors
Texas
$263M +$4.7M +31,158 +2%
First Trust Advisors
36
First Trust Advisors
Illinois
$254M +$197M +1,304,196 +187%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$220M -$567K -3,763 -0.2%
AllianceBernstein
38
AllianceBernstein
Tennessee
$219M -$176M -1,170,147 -40%
Deutsche Bank
39
Deutsche Bank
Germany
$209M +$4.12M +27,294 +2%
ClearBridge Investments
40
ClearBridge Investments
New York
$205M +$13.9M +92,042 +6%
CIBC Private Wealth Group
41
CIBC Private Wealth Group
Georgia
$203M -$53.1M -351,969 -20%
Arrowstreet Capital
42
Arrowstreet Capital
Massachusetts
$200M +$76.2M +505,425 +47%
Goldman Sachs
43
Goldman Sachs
New York
$187M -$15.2M -100,982 -6%
DZ Bank
44
DZ Bank
Germany
$174M -$195M -1,293,409 -49%
Franklin Resources
45
Franklin Resources
California
$171M +$163M +1,080,043 +411%
Sumitomo Mitsui Trust Group
46
Sumitomo Mitsui Trust Group
Japan
$159M +$7.28M +48,284 +4%
RJA
47
Raymond James & Associates
Florida
$153M +$20M +132,931 +12%
Capital International Investors
48
Capital International Investors
California
$153M -$334M -2,217,179 -65%
Envestnet Asset Management
49
Envestnet Asset Management
Illinois
$137M +$16.2M +107,532 +11%
Truist Financial
50
Truist Financial
North Carolina
$130M +$10.2M +67,419 +7%

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.