Pinnacle Financial Partners Inc
PNFP
131 hedge funds and large institutions have $742M invested in Pinnacle Financial Partners Inc in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
21% more capital invested
Capital invested by funds: $613M → $742M (+$129M)
17% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 42
7% more funds holding
Funds holding: 123 → 131 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.5M |
| 3 |
Goldman Sachs
New York
|
+$4.48M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$10.8M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$4.57M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$4.03M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.76M |
| 5 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
-$1.84M |
PNFP Hedge Fund Activity: Q3 2013 in Review
131 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q3 2013, worth a combined $742M — up 21% from $613M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PNFP positions and 9 closed out — a net gain of 9 holders — while 49 added to existing stakes and 42 trimmed.
The largest buyer was Jennison Associates, adding an estimated $11M. The largest seller was Parnassus Investments, exiting entirely with an estimated $10.8M sold.
- 131 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q3 2013, up from 123 in Q2 2013.
- Funds reported $742M of Pinnacle Financial Partners Inc stock for Q3 2013, up 21% quarter-over-quarter.
- 18 funds opened new Pinnacle Financial Partners Inc positions in Q3 2013 and 9 closed out, a net change of +9 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q3 2013 was Jennison Associates, an estimated $11M added.
- The largest Pinnacle Financial Partners Inc seller in Q3 2013 was Parnassus Investments, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2013.