Pinnacle Financial Partners Inc
PNFP
388 hedge funds and large institutions have $3.65B invested in Pinnacle Financial Partners Inc in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 148 increasing their positions, 127 reducing their positions, and 57 closing their positions.
108% more call options, than puts
Call options by funds: $9.11M | Put options by funds: $4.38M
17% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 127
6% more capital invested
Capital invested by funds: $3.44B → $3.65B (+$212M)
2.71% more ownership
Funds ownership: 81.23% → 83.95% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 398 → 388 (-10)
16% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.7M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$48.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$31.4M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$19M |
| 5 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$32.1M |
| 2 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$21.9M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$21.1M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$18.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.4M |
PNFP Hedge Fund Activity: Q2 2023 in Review
388 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q2 2023, worth a combined $3.65B — up 6.2% from $3.44B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of PNFP and 48 opened new positions — a net loss of 9 holders — while 127 trimmed existing stakes and 148 added.
The largest buyer was Fidelity Investments, adding an estimated $54.7M. The largest seller was Baird Financial Group, exiting entirely with an estimated $32.1M sold.
- 388 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q2 2023, down from 398 in Q1 2023.
- Funds reported $3.65B of Pinnacle Financial Partners Inc stock for Q2 2023, up 6.2% quarter-over-quarter.
- 48 funds opened new Pinnacle Financial Partners Inc positions in Q2 2023 and 57 closed out, a net change of -9 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q2 2023 was Fidelity Investments, an estimated $54.7M added.
- The largest Pinnacle Financial Partners Inc seller in Q2 2023 was Baird Financial Group, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2023.