PNC Financial Services
PNC
926 hedge funds and large institutions have $37.6B invested in PNC Financial Services in 2015 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 350 increasing their positions, 348 reducing their positions, and 59 closing their positions.
10% more funds holding in top 10
Funds holding in top 10: 30 → 33 (+3)
1% more repeat investments, than reductions
Existing positions increased: 350 | Existing positions reduced: 348
0.12% less ownership
Funds ownership: 82.79% → 82.67% (-0.12%)
2% less call options, than puts
Call options by funds: $166M | Put options by funds: $169M
2% less funds holding
Funds holding: 943 → 926 (-17)
8% less capital invested
Capital invested by funds: $40.7B → $37.6B (-$3.08B)
19% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$305M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$147M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$144M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$138M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$73.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$279M |
| 2 |
Citigroup
New York
|
-$126M |
| 3 |
JP Morgan Chase
New York
|
-$101M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$79.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$79M |
PNC Hedge Fund Activity: Q3 2015 in Review
926 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q3 2015, worth a combined $37.6B — down 7.6% from $40.7B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of PNC and 48 opened new positions — a net loss of 11 holders — while 348 trimmed existing stakes and 350 added.
The largest buyer was Bank of America, adding an estimated $305M. The largest seller was T. Rowe Price Associates, cutting an estimated $279M.
- 926 institutional investors held PNC Financial Services (PNC) as of Q3 2015, down from 943 in Q2 2015.
- Funds reported $37.6B of PNC Financial Services stock for Q3 2015, down 7.6% quarter-over-quarter.
- 48 funds opened new PNC Financial Services positions in Q3 2015 and 59 closed out, a net change of -11 holders.
- The largest PNC Financial Services buyer in Q3 2015 was Bank of America, an estimated $305M added.
- The largest PNC Financial Services seller in Q3 2015 was T. Rowe Price Associates, an estimated $279M sold.
Based on aggregated 13F filings for Q3 2015.