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PNC Financial Services

1,498 hedge funds and large institutions have $52.2B invested in PNC Financial Services in 2023 Q4 according to their latest regulatory filings, with 214 funds opening new positions, 477 increasing their positions, 603 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 73

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

30% more capital invested

Capital invested by funds: $40.1B → $52.2B (+$12B)

24% more call options, than puts

Call options by funds: $714M | Put options by funds: $576M

9% more funds holding

Funds holding: 1,3781,498 (+120)

2.48% more ownership

Funds ownership: 82.08%84.56% (+2.5%)

21% less repeat investments, than reductions

Existing positions increased: 477 | Existing positions reduced: 603

Holders
1,498
Holders Change
+120
Holders Change %
+8.71%
% of All Funds
21.84%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.19%
New
214
Increased
477
Reduced
603
Closed
73
Calls
$714M
Puts
$576M
Net Calls
+$138M
Net Calls Change
+$7.75M
Name Holding Trade Value Shares
Change
Change in
Stake
Grantham, Mayo, Van Otterloo & Co (GMO)
726
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$953K -$4.9M -37,831 -86%
NB
727
Northwest Bancshares
Pennsylvania
$948K -$152K -1,172 -16%
TFA
728
Transamerica Financial Advisors
Florida
$945K -$499K -3,855 -39%
QCG
729
Quadrant Capital Group
Ohio
$944K +$25.8K +199 +3%
PWM
730
Perigon Wealth Management
California
$943K +$388 +3 +0%
FCBT
731
First Citizens Bank & Trust
North Carolina
$941K +$48.2K +372 +7%
CSPAM
732
Cary Street Partners Asset Management
Virginia
$935K -$13.5K -104 -2%
WANY
733
Wealthspire Advisors (New York)
New York
$934K +$16.1K +124 +2%
CCM
734
Coldstream Capital Management
Washington
$931K +$102K +790 +15%
CPR
735
CSU Producer Resources
Ohio
$929K
SACTSONJ
736
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$929K
AWAG
737
ARS Wealth Advisors Group
Florida
$927K -$2.59K -20 -0.3%
CWM
738
Cornerstone Wealth Management
Missouri
$926K -$33.5K -259 -4%
FWIA
739
Fort Washington Investment Advisors
Ohio
$926K
IAS
740
Insigneo Advisory Services
Florida
$923K +$335K +2,590 +77%
HAFS
741
Hapanowicz & Associates Financial Services
Pennsylvania
$923K +$219K +1,689 +40%
RCIM
742
Red Cedar Investment Management
Michigan
$920K
MG
743
Mather Group
Illinois
$917K +$165K +1,273 +27%
NICM
744
Neo Ivy Capital Management
New York
$910K -$926K -7,151 -55%
MWM
745
Meridian Wealth Management
Kentucky
$905K -$681K -5,262 -47%
AIM
746
Alhambra Investment Management
Florida
$903K -$7.12K -55 -0.9%
ZIC
747
ZWJ Investment Counsel
Georgia
$901K -$40.7K -314 -5%
CA
748
Cullinan Associates
Kentucky
$901K -$91.8K -709 -11%
CWM
749
Curi Wealth Management
North Carolina
$899K -$3.48M -26,875 -82%
KLCM
750
KG&L Capital Management
Louisiana
$893K -$7.77K -60 -1%

PNC Hedge Fund Activity: Q4 2023 in Review

1,498 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2023, worth a combined $52.2B — up 30% from $40.1B a quarter earlier.

Buyers outnumbered sellers: 214 funds opened new PNC positions and 73 closed out — a net gain of 141 holders — while 477 added to existing stakes and 603 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $514M. The largest seller was Wellington Management Group, cutting an estimated $224M.

  • 1,498 institutional investors held PNC Financial Services (PNC) as of Q4 2023, up from 1,378 in Q3 2023.
  • Funds reported $52.2B of PNC Financial Services stock for Q4 2023, up 30% quarter-over-quarter.
  • 214 funds opened new PNC Financial Services positions in Q4 2023 and 73 closed out, a net change of +141 holders.
  • The largest PNC Financial Services buyer in Q4 2023 was Fidelity Investments, an estimated $514M added.
  • The largest PNC Financial Services seller in Q4 2023 was Wellington Management Group, an estimated $224M sold.

Based on aggregated 13F filings for Q4 2023.