PNC Financial Services
PNC
1,204 hedge funds and large institutions have $50.2B invested in PNC Financial Services in 2019 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 428 increasing their positions, 463 reducing their positions, and 72 closing their positions.
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
7% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 72
0% more capital invested
Capital invested by funds: $50B → $50.2B (+$170M)
0% less funds holding
Funds holding: 1,206 → 1,204 (-2)
0.42% less ownership
Funds ownership: 80.97% → 80.55% (-0.42%)
8% less repeat investments, than reductions
Existing positions increased: 428 | Existing positions reduced: 463
12% less call options, than puts
Call options by funds: $253M | Put options by funds: $289M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$865M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$168M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$125M |
| 4 |
JP Morgan Chase
New York
|
+$112M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$782M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$385M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$220M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$181M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
PNC Hedge Fund Activity: Q3 2019 in Review
1,204 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q3 2019, worth a combined $50.2B — up 0.34% from $50B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new PNC positions and 72 closed out — a net gain of 5 holders — while 428 added to existing stakes and 463 trimmed.
The largest buyer was Capital International Investors, adding an estimated $865M. The largest seller was T. Rowe Price Associates, cutting an estimated $782M.
- 1,204 institutional investors held PNC Financial Services (PNC) as of Q3 2019, down from 1,206 in Q2 2019.
- Funds reported $50.2B of PNC Financial Services stock for Q3 2019, up 0.34% quarter-over-quarter.
- 77 funds opened new PNC Financial Services positions in Q3 2019 and 72 closed out, a net change of +5 holders.
- The largest PNC Financial Services buyer in Q3 2019 was Capital International Investors, an estimated $865M added.
- The largest PNC Financial Services seller in Q3 2019 was T. Rowe Price Associates, an estimated $782M sold.
Based on aggregated 13F filings for Q3 2019.