Pinnacle Financial Partners Inc
PNFP
305 hedge funds and large institutions have $3.73B invested in Pinnacle Financial Partners Inc in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 120 increasing their positions, 82 reducing their positions, and 23 closing their positions.
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
46% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 82
3% more funds holding
Funds holding: 296 → 305 (+9)
1.59% more ownership
Funds ownership: 76.49% → 78.08% (+1.6%)
2% less capital invested
Capital invested by funds: $3.82B → $3.73B (-$93.8M)
5% less call options, than puts
Call options by funds: $3.36M | Put options by funds: $3.53M
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SAMC
12th Street Asset Management Company
Nashville,
Tennessee
|
+$29.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.8M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$26.7M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$20.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$46.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$39.3M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$17.6M |
| 4 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$13.8M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$10.5M |
PNFP Hedge Fund Activity: Q2 2018 in Review
305 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q2 2018, worth a combined $3.73B — down 2.5% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PNFP positions and 23 closed out — a net gain of 11 holders — while 120 added to existing stakes and 82 trimmed.
The largest buyer was 12th Street Asset Management Company, opening a new position worth an estimated $29.9M. The largest seller was Millennium Management, exiting entirely with an estimated $46.1M sold.
- 305 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q2 2018, up from 296 in Q1 2018.
- Funds reported $3.73B of Pinnacle Financial Partners Inc stock for Q2 2018, down 2.5% quarter-over-quarter.
- 34 funds opened new Pinnacle Financial Partners Inc positions in Q2 2018 and 23 closed out, a net change of +11 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q2 2018 was 12th Street Asset Management Company, an estimated $29.9M added.
- The largest Pinnacle Financial Partners Inc seller in Q2 2018 was Millennium Management, an estimated $46.1M sold.
Based on aggregated 13F filings for Q2 2018.