PNC Financial Services
PNC
1,201 hedge funds and large institutions have $58.5B invested in PNC Financial Services in 2018 Q1 according to their latest regulatory filings, with 117 funds opening new positions, 349 increasing their positions, 529 reducing their positions, and 71 closing their positions.
65% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 71
13% more funds holding in top 10
Funds holding in top 10: 45 → 51 (+6)
3% more funds holding
Funds holding: 1,165 → 1,201 (+36)
8% more call options, than puts
Call options by funds: $227M | Put options by funds: $211M
4% more capital invested
Capital invested by funds: $56.1B → $58.5B (+$2.45B)
0.47% more ownership
Funds ownership: 81.74% → 82.21% (+0.47%)
34% less repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 529
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$630M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$432M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$270M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$220M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$182M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$661M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$315M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$205M |
| 4 |
State Street
Boston,
Massachusetts
|
-$172M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$164M |
PNC Hedge Fund Activity: Q1 2018 in Review
1,201 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2018, worth a combined $58.5B — up 4.4% from $56.1B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new PNC positions and 71 closed out — a net gain of 46 holders — while 349 added to existing stakes and 529 trimmed.
The largest buyer was Jennison Associates, adding an estimated $630M. The largest seller was Wellington Management Group, cutting an estimated $661M.
- 1,201 institutional investors held PNC Financial Services (PNC) as of Q1 2018, up from 1,165 in Q4 2017.
- Funds reported $58.5B of PNC Financial Services stock for Q1 2018, up 4.4% quarter-over-quarter.
- 117 funds opened new PNC Financial Services positions in Q1 2018 and 71 closed out, a net change of +46 holders.
- The largest PNC Financial Services buyer in Q1 2018 was Jennison Associates, an estimated $630M added.
- The largest PNC Financial Services seller in Q1 2018 was Wellington Management Group, an estimated $661M sold.
Based on aggregated 13F filings for Q1 2018.