PNC Financial Services
1,206 hedge funds and large institutions have $50B invested in PNC Financial Services in 2019 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 393 increasing their positions, 485 reducing their positions, and 75 closing their positions.
31% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 75
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
11% more capital invested
Capital invested by funds: $45.1B → $50B (+$4.89B)
1% more funds holding
Funds holding: 1,200 → 1,206 (+6)
0.25% less ownership
Funds ownership: 81.22% → 80.97% (-0.25%)
19% less repeat investments, than reductions
Existing positions increased: 393 | Existing positions reduced: 485
22% less call options, than puts
Call options by funds: $204M | Put options by funds: $261M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$618M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$155M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$153M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$126M |
| 5 |
JP Morgan Chase
New York
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$162M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$126M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$99.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$94.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$86.5M |
PNC Hedge Fund Activity: Q2 2019 in Review
1,206 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2019, worth a combined $50B — up 11% from $45.1B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new PNC positions and 75 closed out — a net gain of 23 holders — while 393 added to existing stakes and 485 trimmed.
The largest buyer was Nuveen, adding an estimated $618M. The largest seller was T. Rowe Price Associates, cutting an estimated $162M.
- 1,206 institutional investors held PNC Financial Services (PNC) as of Q2 2019, up from 1,200 in Q1 2019.
- Funds reported $50B of PNC Financial Services stock for Q2 2019, up 11% quarter-over-quarter.
- 98 funds opened new PNC Financial Services positions in Q2 2019 and 75 closed out, a net change of +23 holders.
- The largest PNC Financial Services buyer in Q2 2019 was Nuveen, an estimated $618M added.
- The largest PNC Financial Services seller in Q2 2019 was T. Rowe Price Associates, an estimated $162M sold.
Based on aggregated 13F filings for Q2 2019.