PNC Financial Services
PNC
1,377 hedge funds and large institutions have $40.1B invested in PNC Financial Services in 2023 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 507 increasing their positions, 537 reducing their positions, and 102 closing their positions.
24% more call options, than puts
Call options by funds: $674M | Put options by funds: $544M
7% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 102
0.75% more ownership
Funds ownership: 81.33% → 82.08% (+0.75%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1% less funds holding
Funds holding: 1,387 → 1,377 (-10)
2% less capital invested
Capital invested by funds: $40.9B → $40.1B (-$756M)
6% less repeat investments, than reductions
Existing positions increased: 507 | Existing positions reduced: 537
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$646M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$351M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 4 |
Millennium Management
New York
|
+$91.9M |
| 5 |
JCM
Junto Capital Management
New York
|
+$70.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$503M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$204M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$144M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$139M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$113M |
PNC Hedge Fund Activity: Q3 2023 in Review
1,377 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q3 2023, worth a combined $40.1B — down 1.8% from $40.9B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new PNC positions and 102 closed out — a net gain of 7 holders — while 507 added to existing stakes and 537 trimmed.
The largest buyer was Capital International Investors, adding an estimated $646M. The largest seller was T. Rowe Price Associates, cutting an estimated $503M.
- 1,377 institutional investors held PNC Financial Services (PNC) as of Q3 2023, down from 1,387 in Q2 2023.
- Funds reported $40.1B of PNC Financial Services stock for Q3 2023, down 1.8% quarter-over-quarter.
- 109 funds opened new PNC Financial Services positions in Q3 2023 and 102 closed out, a net change of +7 holders.
- The largest PNC Financial Services buyer in Q3 2023 was Capital International Investors, an estimated $646M added.
- The largest PNC Financial Services seller in Q3 2023 was T. Rowe Price Associates, an estimated $503M sold.
Based on aggregated 13F filings for Q3 2023.