PNC Financial Services
PNC
1,419 hedge funds and large institutions have $53.4B invested in PNC Financial Services in 2022 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 585 increasing their positions, 480 reducing their positions, and 165 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 585 | Existing positions reduced: 480
0.67% more ownership
Funds ownership: 81.39% → 82.06% (+0.67%)
7% less funds holding
Funds holding: 1,534 → 1,419 (-115)
11% less call options, than puts
Call options by funds: $440M | Put options by funds: $497M
33% less funds holding in top 10
Funds holding in top 10: 18 → 12 (-6)
36% less capital invested
Capital invested by funds: $82.8B → $53.4B (-$29.4B)
56% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$398M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$326M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$252M |
| 4 |
Morgan Stanley
New York
|
+$249M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$156M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$393M |
| 2 |
State Street
Boston,
Massachusetts
|
-$303M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$159M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$155M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$135M |
PNC Hedge Fund Activity: Q2 2022 in Review
1,419 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2022, worth a combined $53.4B — down 36% from $82.8B a quarter earlier.
Sellers outnumbered buyers: 165 funds closed out of PNC and 72 opened new positions — a net loss of 93 holders — while 480 trimmed existing stakes and 585 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $398M. The largest seller was Citadel Advisors, cutting an estimated $393M.
- 1,419 institutional investors held PNC Financial Services (PNC) as of Q2 2022, down from 1,534 in Q1 2022.
- Funds reported $53.4B of PNC Financial Services stock for Q2 2022, down 36% quarter-over-quarter.
- 72 funds opened new PNC Financial Services positions in Q2 2022 and 165 closed out, a net change of -93 holders.
- The largest PNC Financial Services buyer in Q2 2022 was T. Rowe Price Associates, an estimated $398M added.
- The largest PNC Financial Services seller in Q2 2022 was Citadel Advisors, an estimated $393M sold.
Based on aggregated 13F filings for Q2 2022.