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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
LCGC
1126
Legacy Capital Group California
California
$237K +$281K +1,866 New
KI
1127
Kula Investments
Illinois
$237K +$281K +1,865 New
MIM
1128
Morningstar Investment Management
Illinois
$236K +$39.1K +259 +16%
AG
1129
Ascent Group
Virginia
$236K +$85.6K +568 +44%
FMLI
1130
Fukoku Mutual Life Insurance
Japan
$235K
HIGP
1131
Hill Investment Group Partners
Missouri
$235K
TA
1132
Townsend & Associates
Colorado
$234K +$271K +1,800 New
IBOK
1133
Independence Bank of Kentucky
Kentucky
$233K
HNWAG
1134
High Net Worth Advisory Group
Florida
$232K
LF
1135
Lantz Financial
Illinois
$232K +$49.6K +329 +22%
LWM
1136
Laidlaw Wealth Management
New York
$231K +$7.84K +52 +3%
MCC
1137
Money Concepts Capital
Florida
$231K -$64.7K -429 -19%
PWM
1138
Prosperity Wealth Management
California
$230K +$2.11K +14 +0.8%
FIM
1139
Fruth Investment Management
Texas
$230K
PCG
1140
Prosperity Consulting Group
Maryland
$230K +$603 +4 +0.2%
CFA
1141
Compass Financial Advisors
Indiana
$229K +$69.4K +460 +34%
LIA
1142
LBMC Investment Advisors
Tennessee
$229K
OFS
1143
Oldfather Financial Services
Nebraska
$229K +$271K +1,800 New
VI
1144
Versor Investments
New York
$229K +$271K +1,800 New
CWM
1145
Calamos Wealth Management
Illinois
$227K -$12.1K -80 -4%
RAM
1146
Redmond Asset Management
Virginia
$227K -$151K -1,000 -36%
DI
1147
Diligent Investors
California
$226K +$45.2K +300 +20%
FNBOSM
1148
First National Bank of South Miami
Florida
$226K +$20.5K +136 +8%
CCA
1149
Conservest Capital Advisors
Pennsylvania
$226K
TFF
1150
The Family Firm
Maryland
$225K +$2.41K +16 +0.9%

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.