PNC Financial Services
PNC
1,206 hedge funds and large institutions have $50.9B invested in PNC Financial Services in 2018 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 425 increasing their positions, 452 reducing their positions, and 74 closing their positions.
104% more call options, than puts
Call options by funds: $610M | Put options by funds: $299M
18% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 74
1% more funds holding
Funds holding: 1,200 → 1,206 (+6)
6% less repeat investments, than reductions
Existing positions increased: 425 | Existing positions reduced: 452
1.81% less ownership
Funds ownership: 82.21% → 80.39% (-1.8%)
13% less capital invested
Capital invested by funds: $58.5B → $50.9B (-$7.62B)
55% less funds holding in top 10
Funds holding in top 10: 51 → 23 (-28)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$308M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$197M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$177M |
| 4 |
ClearBridge Investments
New York
|
+$166M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$83.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$418M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$300M |
| 3 |
JP Morgan Chase
New York
|
-$272M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$225M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$165M |
PNC Hedge Fund Activity: Q2 2018 in Review
1,206 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2018, worth a combined $50.9B — down 13% from $58.5B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new PNC positions and 74 closed out — a net gain of 13 holders — while 425 added to existing stakes and 452 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $308M. The largest seller was Fidelity Investments, cutting an estimated $418M.
- 1,206 institutional investors held PNC Financial Services (PNC) as of Q2 2018, up from 1,200 in Q1 2018.
- Funds reported $50.9B of PNC Financial Services stock for Q2 2018, down 13% quarter-over-quarter.
- 87 funds opened new PNC Financial Services positions in Q2 2018 and 74 closed out, a net change of +13 holders.
- The largest PNC Financial Services buyer in Q2 2018 was T. Rowe Price Associates, an estimated $308M added.
- The largest PNC Financial Services seller in Q2 2018 was Fidelity Investments, an estimated $418M sold.
Based on aggregated 13F filings for Q2 2018.