PNC Financial Services
PNC
960 hedge funds and large institutions have $34.2B invested in PNC Financial Services in 2016 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 331 increasing their positions, 391 reducing their positions, and 76 closing their positions.
70% more call options, than puts
Call options by funds: $134M | Put options by funds: $78.7M
1.66% more ownership
Funds ownership: 81.87% → 83.53% (+1.7%)
5% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 76
0% less funds holding
Funds holding: 964 → 960 (-4)
13% less capital invested
Capital invested by funds: $39.4B → $34.2B (-$5.28B)
15% less repeat investments, than reductions
Existing positions increased: 331 | Existing positions reduced: 391
36% less funds holding in top 10
Funds holding in top 10: 28 → 18 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$876M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$111M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$89.5M |
| 4 |
Renaissance Technologies
New York
|
+$68M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$423M |
| 2 |
Bank of New York Mellon
New York
|
-$259M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$118M |
| 4 |
State Street
Boston,
Massachusetts
|
-$102M |
| 5 |
JP Morgan Chase
New York
|
-$77.4M |
PNC Hedge Fund Activity: Q1 2016 in Review
960 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2016, worth a combined $34.2B — down 13% from $39.4B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PNC positions and 76 closed out — a net gain of 4 holders — while 331 added to existing stakes and 391 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $876M. The largest seller was Capital World Investors, cutting an estimated $423M.
- 960 institutional investors held PNC Financial Services (PNC) as of Q1 2016, down from 964 in Q4 2015.
- Funds reported $34.2B of PNC Financial Services stock for Q1 2016, down 13% quarter-over-quarter.
- 80 funds opened new PNC Financial Services positions in Q1 2016 and 76 closed out, a net change of +4 holders.
- The largest PNC Financial Services buyer in Q1 2016 was Royal London Asset Management, an estimated $876M added.
- The largest PNC Financial Services seller in Q1 2016 was Capital World Investors, an estimated $423M sold.
Based on aggregated 13F filings for Q1 2016.