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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
MSS
876
Mitchell Sinkler & Starr
Pennsylvania
$583K +$487K +3,764 New
AWM
877
Affinity Wealth Management
Delaware
$579K
UF
878
Univest Financial
Pennsylvania
$578K -$38.3K -296 -7%
GM
879
GeoWealth Management
Illinois
$578K +$483K +3,732 New
CAMG
880
CWA Asset Management Group
Florida
$578K +$151K +1,167 +46%
BCAM
881
Boston Common Asset Management
Massachusetts
$577K -$20.2K -156 -4%
SC
882
Steph & Co
Wisconsin
$576K +$8.67K +67 +2%
BFIM
883
Beese Fulmer Investment Management
Ohio
$575K +$20.7K +160 +5%
D
884
Diversified
Delaware
$575K -$38.8K -300 -7%
FHC
885
First Heartland Consultants
Missouri
$575K +$81.8K +632 +20%
FBFS
886
First Business Financial Services
Wisconsin
$575K +$32K +247 +7%
HBW
887
Hazlett, Burt & Watson
West Virginia
$571K -$35.6K -275 -7%
BCG
888
Breakwater Capital Group
New Jersey
$568K +$38.1K +294 +8%
Lazard Asset Management
889
Lazard Asset Management
New York
$567K +$415K +3,208 +696%
PCM
890
Penserra Capital Management
California
$563K -$51.3K -396 -10%
RP
891
Riverwater Partners
Wisconsin
$562K -$30.7K -237 -6%
SPI
892
Santori & Peters Inc
Pennsylvania
$557K +$5.57K +43 +1%
Luther King Capital Management (LKCM)
893
Luther King Capital Management (LKCM)
Texas
$556K -$199K -1,535 -30%
CAM
894
Cidel Asset Management
Ontario, Canada
$552K +$462K +3,566 New
CA
895
Clearstead Advisors
Ohio
$551K -$456K -3,524 -50%
SS
896
Sunbelt Securities
Texas
$549K +$6.47K +50 +1%
TCPWM
897
Traverso Chambers Private Wealth Management
California
$546K -$5.57K -43 -1%
TCMP
898
Thrive Capital Management (Pennsylvania)
Pennsylvania
$545K -$97.6K -754 -18%
IWM
899
IHT Wealth Management
Illinois
$545K -$64.7K -500 -12%
BFO
900
Boston Family Office
Massachusetts
$542K

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.