PNC Financial Services
1,198 hedge funds and large institutions have $43.7B invested in PNC Financial Services in 2018 Q4 according to their latest regulatory filings, with 133 funds opening new positions, 390 increasing their positions, 468 reducing their positions, and 131 closing their positions.
23% more call options, than puts
Call options by funds: $302M | Put options by funds: $246M
2% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 131
0.84% more ownership
Funds ownership: 80.3% → 81.14% (+0.84%)
1% less funds holding
Funds holding: 1,207 → 1,198 (-9)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
14% less capital invested
Capital invested by funds: $50.7B → $43.7B (-$6.99B)
17% less repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 468
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.24B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$342M |
| 3 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$278M |
| 4 |
Citigroup
New York
|
+$260M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$154M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$335M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$216M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$210M |
| 4 |
D.E. Shaw & Co
New York
|
-$169M |
| 5 |
State Street
Boston,
Massachusetts
|
-$162M |
PNC Hedge Fund Activity: Q4 2018 in Review
1,198 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q4 2018, worth a combined $43.7B — down 14% from $50.7B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new PNC positions and 131 closed out — a net gain of 2 holders — while 390 added to existing stakes and 468 trimmed.
The largest buyer was Capital World Investors, adding an estimated $1.24B. The largest seller was Jennison Associates, cutting an estimated $335M.
- 1,198 institutional investors held PNC Financial Services (PNC) as of Q4 2018, down from 1,207 in Q3 2018.
- Funds reported $43.7B of PNC Financial Services stock for Q4 2018, down 14% quarter-over-quarter.
- 133 funds opened new PNC Financial Services positions in Q4 2018 and 131 closed out, a net change of +2 holders.
- The largest PNC Financial Services buyer in Q4 2018 was Capital World Investors, an estimated $1.24B added.
- The largest PNC Financial Services seller in Q4 2018 was Jennison Associates, an estimated $335M sold.
Based on aggregated 13F filings for Q4 2018.