PNC Financial Services
PNC
1,351 hedge funds and large institutions have $61.6B invested in PNC Financial Services in 2021 Q1 according to their latest regulatory filings, with 130 funds opening new positions, 473 increasing their positions, 514 reducing their positions, and 66 closing their positions.
97% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 66
76% more call options, than puts
Call options by funds: $592M | Put options by funds: $336M
17% more funds holding in top 10
Funds holding in top 10: 18 → 21 (+3)
17% more capital invested
Capital invested by funds: $52.9B → $61.6B (+$8.74B)
4% more funds holding
Funds holding: 1,297 → 1,351 (+54)
0.55% less ownership
Funds ownership: 83.53% → 82.99% (-0.55%)
8% less repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 514
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$624M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$437M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$129M |
| 4 |
State Street
Boston,
Massachusetts
|
+$122M |
| 5 |
BlackRock
New York
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$947M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$269M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$197M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$148M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$134M |
PNC Hedge Fund Activity: Q1 2021 in Review
1,351 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2021, worth a combined $61.6B — up 17% from $52.9B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new PNC positions and 66 closed out — a net gain of 64 holders — while 473 added to existing stakes and 514 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $624M. The largest seller was T. Rowe Price Associates, cutting an estimated $947M.
- 1,351 institutional investors held PNC Financial Services (PNC) as of Q1 2021, up from 1,297 in Q4 2020.
- Funds reported $61.6B of PNC Financial Services stock for Q1 2021, up 17% quarter-over-quarter.
- 130 funds opened new PNC Financial Services positions in Q1 2021 and 66 closed out, a net change of +64 holders.
- The largest PNC Financial Services buyer in Q1 2021 was Capital Research Global Investors, an estimated $624M added.
- The largest PNC Financial Services seller in Q1 2021 was T. Rowe Price Associates, an estimated $947M sold.
Based on aggregated 13F filings for Q1 2021.