PNC Financial Services
1,163 hedge funds and large institutions have $38B invested in PNC Financial Services in 2020 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 382 increasing their positions, 500 reducing their positions, and 101 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
5% more capital invested
Capital invested by funds: $36.1B → $38B (+$1.95B)
0.77% more ownership
Funds ownership: 80.88% → 81.65% (+0.77%)
2% less call options, than puts
Call options by funds: $217M | Put options by funds: $222M
3% less funds holding
Funds holding: 1,193 → 1,163 (-30)
19% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 101
24% less repeat investments, than reductions
Existing positions increased: 382 | Existing positions reduced: 500
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.61B |
| 2 |
DCP
D1 Capital Partners
New York
|
+$242M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$82.2M |
| 4 |
Morgan Stanley
New York
|
+$74.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$66.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$498M |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$369M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$226M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$51.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$51.6M |
PNC Hedge Fund Activity: Q3 2020 in Review
1,163 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q3 2020, worth a combined $38B — up 5.4% from $36.1B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of PNC and 82 opened new positions — a net loss of 19 holders — while 500 trimmed existing stakes and 382 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.61B. The largest seller was Wellington Management Group, cutting an estimated $498M.
- 1,163 institutional investors held PNC Financial Services (PNC) as of Q3 2020, down from 1,193 in Q2 2020.
- Funds reported $38B of PNC Financial Services stock for Q3 2020, up 5.4% quarter-over-quarter.
- 82 funds opened new PNC Financial Services positions in Q3 2020 and 101 closed out, a net change of -19 holders.
- The largest PNC Financial Services buyer in Q3 2020 was T. Rowe Price Associates, an estimated $1.61B added.
- The largest PNC Financial Services seller in Q3 2020 was Wellington Management Group, an estimated $498M sold.
Based on aggregated 13F filings for Q3 2020.