PNC Financial Services
1,388 hedge funds and large institutions have $40.9B invested in PNC Financial Services in 2023 Q2 according to their latest regulatory filings, with 103 funds opening new positions, 542 increasing their positions, 529 reducing their positions, and 122 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
2% more repeat investments, than reductions
Existing positions increased: 542 | Existing positions reduced: 529
0.49% more ownership
Funds ownership: 80.84% → 81.33% (+0.49%)
0% less capital invested
Capital invested by funds: $41.1B → $40.9B (-$191M)
8% less call options, than puts
Call options by funds: $531M | Put options by funds: $574M
2% less funds holding
Funds holding: 1,418 → 1,388 (-30)
16% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$907M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$721M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$248M |
| 4 |
Janus Henderson Group
London,
|
+$149M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$735M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$552M |
| 3 |
Lazard Asset Management
New York
|
-$284M |
| 4 |
Amundi
Paris,
France
|
-$184M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$116M |
PNC Hedge Fund Activity: Q2 2023 in Review
1,388 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q2 2023, worth a combined $40.9B — down 0.47% from $41.1B a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of PNC and 103 opened new positions — a net loss of 19 holders — while 529 trimmed existing stakes and 542 added.
The largest buyer was Capital International Investors, adding an estimated $907M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $735M.
- 1,388 institutional investors held PNC Financial Services (PNC) as of Q2 2023, down from 1,418 in Q1 2023.
- Funds reported $40.9B of PNC Financial Services stock for Q2 2023, down 0.47% quarter-over-quarter.
- 103 funds opened new PNC Financial Services positions in Q2 2023 and 122 closed out, a net change of -19 holders.
- The largest PNC Financial Services buyer in Q2 2023 was Capital International Investors, an estimated $907M added.
- The largest PNC Financial Services seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $735M sold.
Based on aggregated 13F filings for Q2 2023.