PNC Financial Services
PNC
1,035 hedge funds and large institutions have $47.1B invested in PNC Financial Services in 2016 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 298 increasing their positions, 421 reducing their positions, and 50 closing their positions.
218% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 50
130% more funds holding in top 10
Funds holding in top 10: 23 → 53 (+30)
31% more capital invested
Capital invested by funds: $36B → $47.1B (+$11.1B)
11% more call options, than puts
Call options by funds: $495M | Put options by funds: $446M
10% more funds holding
Funds holding: 942 → 1,035 (+93)
0.73% more ownership
Funds ownership: 82.05% → 82.78% (+0.73%)
29% less repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 421
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$707M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$436M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$412M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$277M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$179M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$1.47B |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$196M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$165M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$163M |
| 5 |
D.E. Shaw & Co
New York
|
-$132M |
PNC Hedge Fund Activity: Q4 2016 in Review
1,035 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2016, worth a combined $47.1B — up 31% from $36B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new PNC positions and 50 closed out — a net gain of 109 holders — while 298 added to existing stakes and 421 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $707M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $1.47B.
- 1,035 institutional investors held PNC Financial Services (PNC) as of Q4 2016, up from 942 in Q3 2016.
- Funds reported $47.1B of PNC Financial Services stock for Q4 2016, up 31% quarter-over-quarter.
- 159 funds opened new PNC Financial Services positions in Q4 2016 and 50 closed out, a net change of +109 holders.
- The largest PNC Financial Services buyer in Q4 2016 was Capital Research Global Investors, an estimated $707M added.
- The largest PNC Financial Services seller in Q4 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $1.47B sold.
Based on aggregated 13F filings for Q4 2016.