PNC Financial Services
PNC
964 hedge funds and large institutions have $39.4B invested in PNC Financial Services in 2015 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 327 increasing their positions, 385 reducing their positions, and 44 closing their positions.
107% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 44
4% more funds holding
Funds holding: 925 → 964 (+39)
5% more capital invested
Capital invested by funds: $37.6B → $39.4B (+$1.79B)
0.8% less ownership
Funds ownership: 82.67% → 81.87% (-0.8%)
2% less call options, than puts
Call options by funds: $201M | Put options by funds: $206M
15% less repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 385
15% less funds holding in top 10
Funds holding in top 10: 33 → 28 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$146M |
| 2 |
State Street
Boston,
Massachusetts
|
+$136M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$114M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
+$46.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$496M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$191M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$89.3M |
| 4 |
Bank of New York Mellon
New York
|
-$76.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$67.1M |
PNC Hedge Fund Activity: Q4 2015 in Review
964 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2015, worth a combined $39.4B — up 4.8% from $37.6B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new PNC positions and 44 closed out — a net gain of 47 holders — while 327 added to existing stakes and 385 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $146M. The largest seller was T. Rowe Price Associates, cutting an estimated $496M.
- 964 institutional investors held PNC Financial Services (PNC) as of Q4 2015, up from 925 in Q3 2015.
- Funds reported $39.4B of PNC Financial Services stock for Q4 2015, up 4.8% quarter-over-quarter.
- 91 funds opened new PNC Financial Services positions in Q4 2015 and 44 closed out, a net change of +47 holders.
- The largest PNC Financial Services buyer in Q4 2015 was Wellington Management Group, an estimated $146M added.
- The largest PNC Financial Services seller in Q4 2015 was T. Rowe Price Associates, an estimated $496M sold.
Based on aggregated 13F filings for Q4 2015.