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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
SSB
826
Sandy Spring Bank
Maryland
$688K -$53.1K -410 -8%
SPIS
827
Steward Partners Investment Solutions
Oregon
$687K +$575K +4,439 New
SAM
828
Smartleaf Asset Management
Massachusetts
$685K +$572K +4,418 New
BFS
829
Bard Financial Services
Connecticut
$681K
PCTC
830
Perkins Coie Trust Company
Washington
$679K -$2.26M -17,441 -80%
WMA
831
West Michigan Advisors
Michigan
$677K -$49.5K -382 -8%
IA
832
IFP Advisors
Florida
$675K +$80.1K +619 +17%
FFA
833
Frazier Financial Advisors
Ohio
$674K +$563K +4,350 New
CAM
834
CPA Asset Management
Florida
$673K
CTA
835
Colonial Trust Advisors
South Carolina
$671K -$108K -837 -16%
CI
836
CX Institutional
Indiana
$666K -$50.4K -389 -8%
CCP
837
Cunning Capital Partners
North Carolina
$663K
SDWMA
838
Schneider Downs Wealth Management Advisors
Pennsylvania
$662K +$186K +1,435 +51%
ACA
839
Aptus Capital Advisors
Alabama
$659K +$19.4K +150 +4%
FSA
840
Fort Sheridan Advisors
Illinois
$659K +$15.1K +117 +3%
KCM
841
Kathmere Capital Management
Pennsylvania
$658K +$184K +1,419 +50%
CI
842
Cigna Investments
Connecticut
$657K -$3.88K -30 -0.7%
CCA
843
Checchi Capital Advisers
California
$657K -$47.1K -364 -8%
GA
844
Geller Advisors
New York
$654K -$13.5K -104 -2%
FA
845
Faithward Advisors
Pennsylvania
$651K
MIS
846
Morningstar Investment Services
Illinois
$651K +$248K +1,917 +85%
CG
847
Clifford Group
Massachusetts
$647K +$2.2K +17 +0.4%
GAM
848
Griffin Asset Management
New York
$647K +$4.01K +31 +0.7%
CFG
849
Cooper Financial Group
California
$646K +$11.3K +87 +2%
IAIM
850
International Assets Investment Management
Florida
$644K +$5.31K +41 +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.