PNC Financial Services
PNC
1,390 hedge funds and large institutions have $88.8B invested in PNC Financial Services in 2021 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 494 increasing their positions, 496 reducing their positions, and 73 closing their positions.
74% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 73
44% more capital invested
Capital invested by funds: $61.6B → $88.8B (+$27.2B)
33% more call options, than puts
Call options by funds: $793M | Put options by funds: $597M
3% more funds holding
Funds holding: 1,351 → 1,390 (+39)
0.07% more ownership
Funds ownership: 82.99% → 83.06% (+0.07%)
0% less repeat investments, than reductions
Existing positions increased: 494 | Existing positions reduced: 496
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$693M |
| 2 |
BlackRock
New York
|
+$277M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$234M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$99M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$490M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$302M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$287M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$141M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$88.5M |
PNC Hedge Fund Activity: Q2 2021 in Review
1,390 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2021, worth a combined $88.8B — up 44% from $61.6B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new PNC positions and 73 closed out — a net gain of 54 holders — while 494 added to existing stakes and 496 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $693M. The largest seller was T. Rowe Price Associates, cutting an estimated $490M.
- 1,390 institutional investors held PNC Financial Services (PNC) as of Q2 2021, up from 1,351 in Q1 2021.
- Funds reported $88.8B of PNC Financial Services stock for Q2 2021, up 44% quarter-over-quarter.
- 127 funds opened new PNC Financial Services positions in Q2 2021 and 73 closed out, a net change of +54 holders.
- The largest PNC Financial Services buyer in Q2 2021 was Fidelity Investments, an estimated $693M added.
- The largest PNC Financial Services seller in Q2 2021 was T. Rowe Price Associates, an estimated $490M sold.
Based on aggregated 13F filings for Q2 2021.