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PNC Financial Services

941 hedge funds and large institutions have $32.6B invested in PNC Financial Services in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 343 increasing their positions, 382 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $167M | Put options by funds: $125M

5% less capital invested

Capital invested by funds: $34.2B → $32.6B (-$1.55B)

2% less funds holding

Funds holding: 960941 (-19)

3.28% less ownership

Funds ownership: 83.53%80.25% (-3.3%)

10% less repeat investments, than reductions

Existing positions increased: 343 | Existing positions reduced: 382

17% less funds holding in top 10

Funds holding in top 10: 1815 (-3)

18% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 60

Holders
941
Holders Change
-19
Holders Change %
-1.98%
% of All Funds
25.11%
Holding in Top 10
15
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-16.67%
% of All Funds
0.4%
New
49
Increased
343
Reduced
382
Closed
60
Calls
$167M
Puts
$125M
Net Calls
+$42.6M
Net Calls Change
-$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Sumitomo Mitsui Trust Group
51
Sumitomo Mitsui Trust Group
Japan
$118M -$10.6M -123,443 -8%
Bessemer Group
52
Bessemer Group
New Jersey
$118M -$46.5K -541 -0%
Charles Schwab
53
Charles Schwab
California
$117M +$1.19M +13,788 +1%
PTC
54
Provident Trust Company
Wisconsin
$112M -$245K -2,853 -0.2%
JHC
55
JFB Holdings Corp
Georgia
$110M -$4.43M -51,533 -4%
Diamond Hill Capital Management
56
Diamond Hill Capital Management
Ohio
$108M +$6.26M +72,817 +6%
Morgan Stanley
57
Morgan Stanley
New York
$108M -$62.3M -724,618 -35%
PPA
58
Parametric Portfolio Associates
Washington
$106M -$1.33M -15,435 -1%
BGIM
59
Brandywine Global Investment Management
Pennsylvania
$102M -$1.8M -20,950 -2%
BG
60
Bahl & Gaynor
Ohio
$101M -$2.87M -33,409 -3%
CIP
61
Cornerstone Investment Partners
Georgia
$94.3M +$3.19M +37,076 +3%
D.E. Shaw & Co
62
D.E. Shaw & Co
New York
$91.5M +$63.9M +742,848 +194%
State of New Jersey Common Pension Fund D
63
State of New Jersey Common Pension Fund D
New Jersey
$90.1M +$5.16M +60,000 +6%
RRAM
64
River Road Asset Management
Kentucky
$89.9M -$28.3M -329,059 -23%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$88.7M -$3.59M -41,723 -4%
Capital International Investors
66
Capital International Investors
California
$87.6M
AllianceBernstein
67
AllianceBernstein
Tennessee
$87.5M -$1.33M -15,499 -1%
Mitsubishi UFJ Trust & Banking
68
Mitsubishi UFJ Trust & Banking
Japan
$86.8M -$1.31M -15,251 -1%
RJA
69
Raymond James & Associates
Florida
$85M +$3.95M +45,977 +5%
USAA
70
United Services Automobile Association
Texas
$81.9M -$4.84M -56,279 -5%
New York State Teachers Retirement System (NYSTRS)
71
New York State Teachers Retirement System (NYSTRS)
New York
$79.5M -$14.4K -168 -0%
Bank of Montreal
72
Bank of Montreal
Ontario, Canada
$78.1M -$20.9M -242,850 -20%
WRF
73
Waddell & Reed Financial
Kansas
$76.5M -$25.4M -295,737 -24%
BIM
74
BlackRock Investment Management
Delaware
$73.9M -$269K -3,126 -0.3%
GI
75
GAMCO Investors
Connecticut
$73.6M +$813K +9,454 +1%

PNC Hedge Fund Activity: Q2 2016 in Review

941 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2016, worth a combined $32.6B — down 4.5% from $34.2B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of PNC and 49 opened new positions — a net loss of 11 holders — while 382 trimmed existing stakes and 343 added.

The largest buyer was Massachusetts Financial Services, adding an estimated $120M. The largest seller was Royal London Asset Management, cutting an estimated $886M.

  • 941 institutional investors held PNC Financial Services (PNC) as of Q2 2016, down from 960 in Q1 2016.
  • Funds reported $32.6B of PNC Financial Services stock for Q2 2016, down 4.5% quarter-over-quarter.
  • 49 funds opened new PNC Financial Services positions in Q2 2016 and 60 closed out, a net change of -11 holders.
  • The largest PNC Financial Services buyer in Q2 2016 was Massachusetts Financial Services, an estimated $120M added.
  • The largest PNC Financial Services seller in Q2 2016 was Royal London Asset Management, an estimated $886M sold.

Based on aggregated 13F filings for Q2 2016.