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PNC Financial Services

1,200 hedge funds and large institutions have $45.1B invested in PNC Financial Services in 2019 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 404 increasing their positions, 484 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 93

4% more capital invested

Capital invested by funds: $43.4B → $45.1B (+$1.73B)

0% more funds holding

Funds holding: 1,1971,200 (+3)

0.08% more ownership

Funds ownership: 81.14%81.22% (+0.08%)

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

17% less repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 484

24% less call options, than puts

Call options by funds: $152M | Put options by funds: $200M

Holders
1,200
Holders Change
+3
Holders Change %
+0.25%
% of All Funds
25.97%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.32%
New
108
Increased
404
Reduced
484
Closed
93
Calls
$152M
Puts
$200M
Net Calls
-$48.7M
Net Calls Change
-$104M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.12B +$5.14M +41,496 +0.1%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$3.43B -$121M -976,398 -3%
BlackRock
3
BlackRock
New York
$3.33B -$65.5M -529,077 -2%
Capital World Investors
4
Capital World Investors
California
$3.08B -$1.8M -14,500 -0.1%
State Street
5
State Street
Massachusetts
$2.51B -$28.1M -226,854 -1%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$1.6B -$388M -3,129,699 -19%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$1.38B +$50.4M +407,250 +4%
JP Morgan Chase
8
JP Morgan Chase
New York
$1.3B +$73.6M +594,156 +6%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$1.15B -$30.3M -244,360 -3%
Berkshire Hathaway
10
Berkshire Hathaway
Nebraska
$1.06B +$50.5M +407,992 +5%
Invesco
11
Invesco
Georgia
$861M -$100M -808,703 -10%
Bank of America
12
Bank of America
North Carolina
$785M +$143M +1,155,518 +22%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$701M +$22.1M +178,780 +3%
Northern Trust
14
Northern Trust
Illinois
$637M -$18.7M -151,203 -3%
Capital International Investors
15
Capital International Investors
California
$593M +$435M +3,514,310 +266%
Norges Bank
16
Norges Bank
Norway
$565M -$12.3M -99,060 -2%
American Century Companies
17
American Century Companies
Missouri
$534M +$44.2M +357,041 +9%
Wells Fargo
18
Wells Fargo
California
$508M -$13.8M -111,278 -3%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$494M -$4.72M -38,151 -0.9%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$438M -$85.6M -691,419 -16%
Citadel Advisors
21
Citadel Advisors
Florida
$426M +$231M +1,865,229 +116%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$367M +$1.47M +11,886 +0.4%
Legal & General Group
23
Legal & General Group
United Kingdom
$356M +$65M +525,195 +22%
Ameriprise
24
Ameriprise
Minnesota
$339M -$2.67M -21,575 -0.8%
Capital Research Global Investors
25
Capital Research Global Investors
California
$334M -$250M -2,015,588 -43%

PNC Hedge Fund Activity: Q1 2019 in Review

1,200 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2019, worth a combined $45.1B — up 4% from $43.4B a quarter earlier.

Buyers outnumbered sellers: 108 funds opened new PNC positions and 93 closed out — a net gain of 15 holders — while 404 added to existing stakes and 484 trimmed.

The largest buyer was Capital International Investors, adding an estimated $435M. The largest seller was T. Rowe Price Associates, cutting an estimated $388M.

  • 1,200 institutional investors held PNC Financial Services (PNC) as of Q1 2019, up from 1,197 in Q4 2018.
  • Funds reported $45.1B of PNC Financial Services stock for Q1 2019, up 4% quarter-over-quarter.
  • 108 funds opened new PNC Financial Services positions in Q1 2019 and 93 closed out, a net change of +15 holders.
  • The largest PNC Financial Services buyer in Q1 2019 was Capital International Investors, an estimated $435M added.
  • The largest PNC Financial Services seller in Q1 2019 was T. Rowe Price Associates, an estimated $388M sold.

Based on aggregated 13F filings for Q1 2019.