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PNC Financial Services

1,417 hedge funds and large institutions have $41.1B invested in PNC Financial Services in 2023 Q1 according to their latest regulatory filings, with 121 funds opening new positions, 591 increasing their positions, 498 reducing their positions, and 150 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $654M | Put options by funds: $502M

19% more repeat investments, than reductions

Existing positions increased: 591 | Existing positions reduced: 498

0.9% less ownership

Funds ownership: 81.76%80.85% (-0.9%)

4% less funds holding

Funds holding: 1,4781,417 (-61)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

19% less first-time investments, than exits

New positions opened: 121 | Existing positions closed: 150

21% less capital invested

Capital invested by funds: $52.1B → $41.1B (-$11B)

Holders
1,417
Holders Change
-61
Holders Change %
-4.13%
% of All Funds
22.58%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
121
Increased
591
Reduced
498
Closed
150
Calls
$654M
Puts
$502M
Net Calls
+$152M
Net Calls Change
+$27.8M
Name Holding Trade Value Shares
Change
Change in
Stake
ESB
926
Essex Savings Bank
Connecticut
$421K -$603 -4 -0.1%
EGA
927
E&G Advisors
Texas
$419K +$75.4K +500 +18%
GIA
928
Gateway Investment Advisers
Ohio
$417K -$6.33M -41,962 -93%
EI
929
Ellevest Inc
New York
$413K +$59.7K +396 +14%
MCM
930
Monarch Capital Management
Indiana
$413K
Fiera Capital (Canada)
931
Fiera Capital (Canada)
Quebec, Canada
$411K
ACM
932
Acrisure Capital Management
Texas
$410K +$487K +3,227 New
BCG
933
Breakwater Capital Group
New Jersey
$407K +$168K +1,112 +53%
SA
934
Stewardship Advisors
Pennsylvania
$407K +$139K +922 +40%
SAM
935
Smithbridge Asset Management
Pennsylvania
$406K +$4.52K +30 +0.9%
PWMG
936
Prestige Wealth Management Group
New Jersey
$406K +$21.1K +140 +5%
FNA
937
First National Advisers
Nebraska
$405K +$20.5K +136 +4%
WG
938
Welch Group
Alabama
$402K
TAM
939
Tocqueville Asset Management
New York
$400K -$378K -2,505 -44%
BFIM
940
Beese Fulmer Investment Management
Ohio
$400K -$5.88K -39 -1%
FCBT
941
First Citizens Bank & Trust
North Carolina
$399K -$22.6K -150 -5%
LWCFA
942
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$399K -$52.9K -351 -10%
MP
943
McDonald Partners
Ohio
$398K +$44.8K +297 +10%
FHB
944
First Hawaiian Bank
Hawaii
$397K +$95.3K +632 +25%
CW
945
CreativeOne Wealth
Kansas
$397K +$25.6K +170 +6%
ESCM
946
Echo Street Capital Management
New York
$396K +$470K +3,119 New
PHAM
947
Palisades Hudson Asset Management
Florida
$396K
RMDI
948
R.M. Davis Inc
Maine
$395K -$40.4K -268 -8%
SP
949
Symmetry Partners
Connecticut
$393K
BEI
950
Benjamin Edwards Inc
Missouri
$393K +$6.79K +45 +1%

PNC Hedge Fund Activity: Q1 2023 in Review

1,417 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2023, worth a combined $41.1B — down 21% from $52.1B a quarter earlier.

Sellers outnumbered buyers: 150 funds closed out of PNC and 121 opened new positions — a net loss of 29 holders — while 498 trimmed existing stakes and 591 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.14B. The largest seller was Capital Research Global Investors, cutting an estimated $1.84B.

  • 1,417 institutional investors held PNC Financial Services (PNC) as of Q1 2023, down from 1,478 in Q4 2022.
  • Funds reported $41.1B of PNC Financial Services stock for Q1 2023, down 21% quarter-over-quarter.
  • 121 funds opened new PNC Financial Services positions in Q1 2023 and 150 closed out, a net change of -29 holders.
  • The largest PNC Financial Services buyer in Q1 2023 was T. Rowe Price Associates, an estimated $1.14B added.
  • The largest PNC Financial Services seller in Q1 2023 was Capital Research Global Investors, an estimated $1.84B sold.

Based on aggregated 13F filings for Q1 2023.