PNC Financial Services
1,526 hedge funds and large institutions have $53.4B invested in PNC Financial Services in 2024 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 581 increasing their positions, 562 reducing their positions, and 96 closing their positions.
50% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 96
2% more funds holding
Funds holding: 1,501 → 1,526 (+25)
3% more repeat investments, than reductions
Existing positions increased: 581 | Existing positions reduced: 562
3% more capital invested
Capital invested by funds: $52.1B → $53.4B (+$1.35B)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
1.26% less ownership
Funds ownership: 84.44% → 83.17% (-1.3%)
26% less call options, than puts
Call options by funds: $567M | Put options by funds: $764M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$719M |
| 2 |
Barclays
London,
United Kingdom
|
+$200M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$109M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$76M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$537M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$280M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$194M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$169M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$138M |
PNC Hedge Fund Activity: Q1 2024 in Review
1,526 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PNC Financial Services (PNC) for Q1 2024, worth a combined $53.4B — up 2.6% from $52.1B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new PNC positions and 96 closed out — a net gain of 48 holders — while 581 added to existing stakes and 562 trimmed.
The largest buyer was Franklin Resources, adding an estimated $719M. The largest seller was Neuberger Berman Group, cutting an estimated $537M.
- 1,526 institutional investors held PNC Financial Services (PNC) as of Q1 2024, up from 1,501 in Q4 2023.
- Funds reported $53.4B of PNC Financial Services stock for Q1 2024, up 2.6% quarter-over-quarter.
- 144 funds opened new PNC Financial Services positions in Q1 2024 and 96 closed out, a net change of +48 holders.
- The largest PNC Financial Services buyer in Q1 2024 was Franklin Resources, an estimated $719M added.
- The largest PNC Financial Services seller in Q1 2024 was Neuberger Berman Group, an estimated $537M sold.
Based on aggregated 13F filings for Q1 2024.