PNC Financial Services
PNC
1,200 hedge funds and large institutions have $45.1B invested in PNC Financial Services in 2019 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 404 increasing their positions, 484 reducing their positions, and 93 closing their positions.
16% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 93
4% more capital invested
Capital invested by funds: $43.4B → $45.1B (+$1.73B)
0% more funds holding
Funds holding: 1,197 → 1,200 (+3)
0.08% more ownership
Funds ownership: 81.14% → 81.22% (+0.08%)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
17% less repeat investments, than reductions
Existing positions increased: 404 | Existing positions reduced: 484
24% less call options, than puts
Call options by funds: $152M | Put options by funds: $200M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$435M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$231M |
| 3 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
+$145M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$143M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$94.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$388M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$250M |
| 3 |
Citigroup
New York
|
-$227M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$132M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$121M |
PNC Hedge Fund Activity: Q1 2019 in Review
1,200 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2019, worth a combined $45.1B — up 4% from $43.4B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new PNC positions and 93 closed out — a net gain of 15 holders — while 404 added to existing stakes and 484 trimmed.
The largest buyer was Capital International Investors, adding an estimated $435M. The largest seller was T. Rowe Price Associates, cutting an estimated $388M.
- 1,200 institutional investors held PNC Financial Services (PNC) as of Q1 2019, up from 1,197 in Q4 2018.
- Funds reported $45.1B of PNC Financial Services stock for Q1 2019, up 4% quarter-over-quarter.
- 108 funds opened new PNC Financial Services positions in Q1 2019 and 93 closed out, a net change of +15 holders.
- The largest PNC Financial Services buyer in Q1 2019 was Capital International Investors, an estimated $435M added.
- The largest PNC Financial Services seller in Q1 2019 was T. Rowe Price Associates, an estimated $388M sold.
Based on aggregated 13F filings for Q1 2019.