PNC Financial Services
PNC
1,140 hedge funds and large institutions have $33.3B invested in PNC Financial Services in 2020 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 383 increasing their positions, 506 reducing their positions, and 265 closing their positions.
33% more call options, than puts
Call options by funds: $166M | Put options by funds: $124M
0.04% more ownership
Funds ownership: 81.01% → 81.05% (+0.04%)
15% less funds holding
Funds holding: 1,340 → 1,140 (-200)
24% less repeat investments, than reductions
Existing positions increased: 383 | Existing positions reduced: 506
41% less capital invested
Capital invested by funds: $56.6B → $33.3B (-$23.3B)
62% less funds holding in top 10
Funds holding in top 10: 26 → 10 (-16)
69% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 265
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$127M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$89.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$85.2M |
| 4 |
Aristotle Capital Management
Los Angeles,
California
|
+$81.3M |
| 5 |
JP Morgan Chase
New York
|
+$80.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$204M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$186M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$170M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$129M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$126M |
PNC Hedge Fund Activity: Q1 2020 in Review
1,140 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2020, worth a combined $33.3B — down 41% from $56.6B a quarter earlier.
Sellers outnumbered buyers: 265 funds closed out of PNC and 81 opened new positions — a net loss of 184 holders — while 506 trimmed existing stakes and 383 added.
The largest buyer was Bank of America, adding an estimated $127M. The largest seller was APG Asset Management, cutting an estimated $204M.
- 1,140 institutional investors held PNC Financial Services (PNC) as of Q1 2020, down from 1,340 in Q4 2019.
- Funds reported $33.3B of PNC Financial Services stock for Q1 2020, down 41% quarter-over-quarter.
- 81 funds opened new PNC Financial Services positions in Q1 2020 and 265 closed out, a net change of -184 holders.
- The largest PNC Financial Services buyer in Q1 2020 was Bank of America, an estimated $127M added.
- The largest PNC Financial Services seller in Q1 2020 was APG Asset Management, an estimated $204M sold.
Based on aggregated 13F filings for Q1 2020.