PNC Financial Services
PNC
1,192 hedge funds and large institutions have $36.1B invested in PNC Financial Services in 2020 Q2 according to their latest regulatory filings, with 154 funds opening new positions, 385 increasing their positions, 488 reducing their positions, and 91 closing their positions.
69% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 91
8% more capital invested
Capital invested by funds: $33.3B → $36.1B (+$2.8B)
5% more funds holding
Funds holding: 1,140 → 1,192 (+52)
0.14% less ownership
Funds ownership: 81.05% → 80.91% (-0.14%)
11% less call options, than puts
Call options by funds: $190M | Put options by funds: $213M
21% less repeat investments, than reductions
Existing positions increased: 385 | Existing positions reduced: 488
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
+$474M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$349M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$255M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$200M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$199M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$405M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$351M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$307M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$266M |
| 5 |
Lazard Asset Management
New York
|
-$145M |
PNC Hedge Fund Activity: Q2 2020 in Review
1,192 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2020, worth a combined $36.1B — up 8.4% from $33.3B a quarter earlier.
Buyers outnumbered sellers: 154 funds opened new PNC positions and 91 closed out — a net gain of 63 holders — while 385 added to existing stakes and 488 trimmed.
The largest buyer was Aristotle Capital Management, adding an estimated $474M. The largest seller was Berkshire Hathaway, cutting an estimated $405M.
- 1,192 institutional investors held PNC Financial Services (PNC) as of Q2 2020, up from 1,140 in Q1 2020.
- Funds reported $36.1B of PNC Financial Services stock for Q2 2020, up 8.4% quarter-over-quarter.
- 154 funds opened new PNC Financial Services positions in Q2 2020 and 91 closed out, a net change of +63 holders.
- The largest PNC Financial Services buyer in Q2 2020 was Aristotle Capital Management, an estimated $474M added.
- The largest PNC Financial Services seller in Q2 2020 was Berkshire Hathaway, an estimated $405M sold.
Based on aggregated 13F filings for Q2 2020.