PNC Financial Services
PNC
961 hedge funds and large institutions have $34.5B invested in PNC Financial Services in 2016 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 330 increasing their positions, 392 reducing their positions, and 76 closing their positions.
70% more call options, than puts
Call options by funds: $134M | Put options by funds: $78.7M
5% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 76
0.4% less ownership
Funds ownership: 81.86% → 81.47% (-0.4%)
0% less funds holding
Funds holding: 965 → 961 (-4)
13% less capital invested
Capital invested by funds: $39.7B → $34.5B (-$5.13B)
16% less repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 392
36% less funds holding in top 10
Funds holding in top 10: 28 → 18 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$111M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$89.5M |
| 3 |
Renaissance Technologies
New York
|
+$68M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$57.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$423M |
| 2 |
Bank of New York Mellon
New York
|
-$259M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$118M |
| 4 |
State Street
Boston,
Massachusetts
|
-$102M |
| 5 |
JP Morgan Chase
New York
|
-$77.4M |
PNC Hedge Fund Activity: Q1 2016 in Review
961 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2016, worth a combined $34.5B — down 13% from $39.7B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PNC positions and 76 closed out — a net gain of 4 holders — while 330 added to existing stakes and 392 trimmed.
The largest buyer was American Century Companies, adding an estimated $111M. The largest seller was Capital World Investors, cutting an estimated $423M.
- 961 institutional investors held PNC Financial Services (PNC) as of Q1 2016, down from 965 in Q4 2015.
- Funds reported $34.5B of PNC Financial Services stock for Q1 2016, down 13% quarter-over-quarter.
- 80 funds opened new PNC Financial Services positions in Q1 2016 and 76 closed out, a net change of +4 holders.
- The largest PNC Financial Services buyer in Q1 2016 was American Century Companies, an estimated $111M added.
- The largest PNC Financial Services seller in Q1 2016 was Capital World Investors, an estimated $423M sold.
Based on aggregated 13F filings for Q1 2016.