PNC Financial Services
PNC
1,418 hedge funds and large institutions have $41.1B invested in PNC Financial Services in 2023 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 590 increasing their positions, 498 reducing their positions, and 150 closing their positions.
30% more call options, than puts
Call options by funds: $654M | Put options by funds: $502M
18% more repeat investments, than reductions
Existing positions increased: 590 | Existing positions reduced: 498
0.42% less ownership
Funds ownership: 81.25% → 80.84% (-0.42%)
4% less funds holding
Funds holding: 1,478 → 1,418 (-60)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
19% less first-time investments, than exits
New positions opened: 122 | Existing positions closed: 150
21% less capital invested
Capital invested by funds: $51.7B → $41.1B (-$10.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.14B |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$197M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$163M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$162M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$97.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.84B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$403M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$334M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$195M |
| 5 |
State Street
Boston,
Massachusetts
|
-$184M |
PNC Hedge Fund Activity: Q1 2023 in Review
1,418 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2023, worth a combined $41.1B — down 21% from $51.7B a quarter earlier.
Sellers outnumbered buyers: 150 funds closed out of PNC and 122 opened new positions — a net loss of 28 holders — while 498 trimmed existing stakes and 590 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.14B. The largest seller was Capital Research Global Investors, cutting an estimated $1.84B.
- 1,418 institutional investors held PNC Financial Services (PNC) as of Q1 2023, down from 1,478 in Q4 2022.
- Funds reported $41.1B of PNC Financial Services stock for Q1 2023, down 21% quarter-over-quarter.
- 122 funds opened new PNC Financial Services positions in Q1 2023 and 150 closed out, a net change of -28 holders.
- The largest PNC Financial Services buyer in Q1 2023 was T. Rowe Price Associates, an estimated $1.14B added.
- The largest PNC Financial Services seller in Q1 2023 was Capital Research Global Investors, an estimated $1.84B sold.
Based on aggregated 13F filings for Q1 2023.