Pinnacle Financial Partners Inc
PNFP
418 hedge funds and large institutions have $5.96B invested in Pinnacle Financial Partners Inc in 2023 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 140 increasing their positions, 147 reducing their positions, and 30 closing their positions.
55,550% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $26K
233% more funds holding in top 10
Funds holding in top 10: 3 → 10 (+7)
120% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 30
36% more capital invested
Capital invested by funds: $4.37B → $5.96B (+$1.59B)
7% more funds holding
Funds holding: 391 → 418 (+27)
4.17% more ownership
Funds ownership: 84.8% → 88.96% (+4.2%)
5% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$52.9M |
| 2 |
Morgan Stanley
New York
|
+$51.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$39.8M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$38M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$31.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.6M |
| 3 |
Jennison Associates
New York
|
-$14.4M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
-$9.8M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$9.25M |
PNFP Hedge Fund Activity: Q4 2023 in Review
418 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q4 2023, worth a combined $5.96B — up 36% from $4.37B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PNFP positions and 30 closed out — a net gain of 36 holders — while 140 added to existing stakes and 147 trimmed.
The largest buyer was North Reef Capital Management, adding an estimated $52.9M. The largest seller was Millennium Management, cutting an estimated $31.8M.
- 418 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q4 2023, up from 391 in Q3 2023.
- Funds reported $5.96B of Pinnacle Financial Partners Inc stock for Q4 2023, up 36% quarter-over-quarter.
- 66 funds opened new Pinnacle Financial Partners Inc positions in Q4 2023 and 30 closed out, a net change of +36 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q4 2023 was North Reef Capital Management, an estimated $52.9M added.
- The largest Pinnacle Financial Partners Inc seller in Q4 2023 was Millennium Management, an estimated $31.8M sold.
Based on aggregated 13F filings for Q4 2023.