PNC Financial Services
PNC
1,064 hedge funds and large institutions have $49B invested in PNC Financial Services in 2017 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 366 increasing their positions, 405 reducing their positions, and 70 closing their positions.
17% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 70
3% more capital invested
Capital invested by funds: $47.7B → $49B (+$1.23B)
0% more funds holding
Funds holding: 1,063 → 1,064 (+1)
0% more funds holding in top 10
Funds holding in top 10: 42 → 42 (0)
0.61% less ownership
Funds ownership: 81.69% → 81.08% (-0.61%)
8% less call options, than puts
Call options by funds: $296M | Put options by funds: $323M
10% less repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 405
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$231M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$203M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$198M |
| 4 |
JP Morgan Chase
New York
|
+$108M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$94.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$406M |
| 2 |
PC
PointState Capital
New York
|
-$112M |
| 3 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
-$103M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$98.3M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$95M |
PNC Hedge Fund Activity: Q2 2017 in Review
1,064 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2017, worth a combined $49B — up 2.6% from $47.7B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PNC positions and 70 closed out — a net gain of 12 holders — while 366 added to existing stakes and 405 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $231M. The largest seller was Franklin Resources, cutting an estimated $406M.
- 1,064 institutional investors held PNC Financial Services (PNC) as of Q2 2017, up from 1,063 in Q1 2017.
- Funds reported $49B of PNC Financial Services stock for Q2 2017, up 2.6% quarter-over-quarter.
- 82 funds opened new PNC Financial Services positions in Q2 2017 and 70 closed out, a net change of +12 holders.
- The largest PNC Financial Services buyer in Q2 2017 was Fidelity Investments, an estimated $231M added.
- The largest PNC Financial Services seller in Q2 2017 was Franklin Resources, an estimated $406M sold.
Based on aggregated 13F filings for Q2 2017.