PNC Financial Services
PNC
879 hedge funds and large institutions have $38.7B invested in PNC Financial Services in 2014 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 328 increasing their positions, 332 reducing their positions, and 43 closing their positions.
42% more call options, than puts
Call options by funds: $274M | Put options by funds: $193M
35% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 43
3% more funds holding in top 10
Funds holding in top 10: 34 → 35 (+1)
1% more funds holding
Funds holding: 869 → 879 (+10)
1.04% more ownership
Funds ownership: 80.49% → 81.53% (+1%)
4% more capital invested
Capital invested by funds: $37.2B → $38.7B (+$1.51B)
1% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 332
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$336M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$281M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$90.3M |
| 4 |
JP Morgan Chase
New York
|
+$88.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$83.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$253M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$99.1M |
| 3 |
Bank of New York Mellon
New York
|
-$92.7M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$85.9M |
| 5 |
Morgan Stanley
New York
|
-$64.4M |
PNC Hedge Fund Activity: Q2 2014 in Review
879 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2014, worth a combined $38.7B — up 4.1% from $37.2B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new PNC positions and 43 closed out — a net gain of 15 holders — while 328 added to existing stakes and 332 trimmed.
The largest buyer was Capital World Investors, adding an estimated $336M. The largest seller was Wellington Management Group, cutting an estimated $253M.
- 879 institutional investors held PNC Financial Services (PNC) as of Q2 2014, up from 869 in Q1 2014.
- Funds reported $38.7B of PNC Financial Services stock for Q2 2014, up 4.1% quarter-over-quarter.
- 58 funds opened new PNC Financial Services positions in Q2 2014 and 43 closed out, a net change of +15 holders.
- The largest PNC Financial Services buyer in Q2 2014 was Capital World Investors, an estimated $336M added.
- The largest PNC Financial Services seller in Q2 2014 was Wellington Management Group, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2014.