PNC Financial Services
PNC
1,523 hedge funds and large institutions have $53.4B invested in PNC Financial Services in 2024 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 578 increasing their positions, 564 reducing their positions, and 95 closing their positions.
52% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 95
2% more funds holding
Funds holding: 1,497 → 1,523 (+26)
2% more repeat investments, than reductions
Existing positions increased: 578 | Existing positions reduced: 564
2% more capital invested
Capital invested by funds: $52.2B → $53.4B (+$1.25B)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
1.41% less ownership
Funds ownership: 84.56% → 83.16% (-1.4%)
26% less call options, than puts
Call options by funds: $567M | Put options by funds: $764M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$719M |
| 2 |
Barclays
London,
United Kingdom
|
+$200M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$109M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$76M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$575M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$280M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$194M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$169M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$138M |
PNC Hedge Fund Activity: Q1 2024 in Review
1,523 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2024, worth a combined $53.4B — up 2.4% from $52.2B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new PNC positions and 95 closed out — a net gain of 49 holders — while 578 added to existing stakes and 564 trimmed.
The largest buyer was Franklin Resources, adding an estimated $719M. The largest seller was Morgan Stanley, cutting an estimated $575M.
- 1,523 institutional investors held PNC Financial Services (PNC) as of Q1 2024, up from 1,497 in Q4 2023.
- Funds reported $53.4B of PNC Financial Services stock for Q1 2024, up 2.4% quarter-over-quarter.
- 144 funds opened new PNC Financial Services positions in Q1 2024 and 95 closed out, a net change of +49 holders.
- The largest PNC Financial Services buyer in Q1 2024 was Franklin Resources, an estimated $719M added.
- The largest PNC Financial Services seller in Q1 2024 was Morgan Stanley, an estimated $575M sold.
Based on aggregated 13F filings for Q1 2024.