PNC Financial Services
PNC
1,165 hedge funds and large institutions have $56.1B invested in PNC Financial Services in 2017 Q4 according to their latest regulatory filings, with 162 funds opening new positions, 378 increasing their positions, 407 reducing their positions, and 52 closing their positions.
212% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 52
9% more funds holding
Funds holding: 1,064 → 1,165 (+101)
7% more funds holding in top 10
Funds holding in top 10: 42 → 45 (+3)
6% more capital invested
Capital invested by funds: $53B → $56.1B (+$3.15B)
0.26% less ownership
Funds ownership: 82% → 81.74% (-0.26%)
7% less repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 407
27% less call options, than puts
Call options by funds: $346M | Put options by funds: $474M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$281M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$61.2M |
| 3 |
BlackRock
New York
|
+$55.7M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$49.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$48.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$299M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$168M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$150M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$138M |
| 5 |
JP Morgan Chase
New York
|
-$133M |
PNC Hedge Fund Activity: Q4 2017 in Review
1,165 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2017, worth a combined $56.1B — up 5.9% from $53B a quarter earlier.
Buyers outnumbered sellers: 162 funds opened new PNC positions and 52 closed out — a net gain of 110 holders — while 378 added to existing stakes and 407 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $281M. The largest seller was Aberdeen Group, cutting an estimated $299M.
- 1,165 institutional investors held PNC Financial Services (PNC) as of Q4 2017, up from 1,064 in Q3 2017.
- Funds reported $56.1B of PNC Financial Services stock for Q4 2017, up 5.9% quarter-over-quarter.
- 162 funds opened new PNC Financial Services positions in Q4 2017 and 52 closed out, a net change of +110 holders.
- The largest PNC Financial Services buyer in Q4 2017 was T. Rowe Price Associates, an estimated $281M added.
- The largest PNC Financial Services seller in Q4 2017 was Aberdeen Group, an estimated $299M sold.
Based on aggregated 13F filings for Q4 2017.