Pinnacle Financial Partners Inc
PNFP
397 hedge funds and large institutions have $3.44B invested in Pinnacle Financial Partners Inc in 2023 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 151 increasing their positions, 133 reducing their positions, and 72 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 133
1.81% less ownership
Funds ownership: 83.04% → 81.22% (-1.8%)
5% less funds holding
Funds holding: 420 → 397 (-23)
24% less capital invested
Capital invested by funds: $4.54B → $3.44B (-$1.11B)
25% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 72
28% less call options, than puts
Call options by funds: $2.26M | Put options by funds: $3.12M
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$108M |
| 2 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$50.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$36.1M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$83.8M |
| 2 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$65.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$47.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$33.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$30.3M |
PNFP Hedge Fund Activity: Q1 2023 in Review
397 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q1 2023, worth a combined $3.44B — down 24% from $4.54B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of PNFP and 54 opened new positions — a net loss of 18 holders — while 133 trimmed existing stakes and 151 added.
The largest buyer was Invesco, adding an estimated $108M. The largest seller was Macquarie Group, exiting entirely with an estimated $83.8M sold.
- 397 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q1 2023, down from 420 in Q4 2022.
- Funds reported $3.44B of Pinnacle Financial Partners Inc stock for Q1 2023, down 24% quarter-over-quarter.
- 54 funds opened new Pinnacle Financial Partners Inc positions in Q1 2023 and 72 closed out, a net change of -18 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q1 2023 was Invesco, an estimated $108M added.
- The largest Pinnacle Financial Partners Inc seller in Q1 2023 was Macquarie Group, an estimated $83.8M sold.
Based on aggregated 13F filings for Q1 2023.