PNC Financial Services
869 hedge funds and large institutions have $37.4B invested in PNC Financial Services in 2014 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 320 increasing their positions, 327 reducing their positions, and 51 closing their positions.
79% more funds holding in top 10
Funds holding in top 10: 19 → 34 (+15)
57% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 51
51% more call options, than puts
Call options by funds: $282M | Put options by funds: $187M
12% more capital invested
Capital invested by funds: $33.4B → $37.4B (+$4.01B)
2% more funds holding
Funds holding: 850 → 869 (+19)
0.31% less ownership
Funds ownership: 80.8% → 80.49% (-0.31%)
2% less repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 327
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$110M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$100M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$80.6M |
| 4 |
JP Morgan Chase
New York
|
+$63.4M |
| 5 |
O
OppenheimerFunds
New York
|
+$61.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$122M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$86.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$77.8M |
| 4 |
Axa
Paris,
France
|
-$72.9M |
| 5 |
Citigroup
New York
|
-$70.7M |
PNC Hedge Fund Activity: Q1 2014 in Review
869 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2014, worth a combined $37.4B — up 12% from $33.4B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PNC positions and 51 closed out — a net gain of 29 holders — while 320 added to existing stakes and 327 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $110M. The largest seller was Fidelity Investments, cutting an estimated $122M.
- 869 institutional investors held PNC Financial Services (PNC) as of Q1 2014, up from 850 in Q4 2013.
- Funds reported $37.4B of PNC Financial Services stock for Q1 2014, up 12% quarter-over-quarter.
- 80 funds opened new PNC Financial Services positions in Q1 2014 and 51 closed out, a net change of +29 holders.
- The largest PNC Financial Services buyer in Q1 2014 was Wellington Management Group, an estimated $110M added.
- The largest PNC Financial Services seller in Q1 2014 was Fidelity Investments, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2014.