Pinnacle Financial Partners Inc
PNFP
391 hedge funds and large institutions have $4.37B invested in Pinnacle Financial Partners Inc in 2023 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 123 increasing their positions, 155 reducing their positions, and 39 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
94% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $5.77M
20% more capital invested
Capital invested by funds: $3.65B → $4.37B (+$717M)
13% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 39
0.68% more ownership
Funds ownership: 84.12% → 84.8% (+0.68%)
1% more funds holding
Funds holding: 389 → 391 (+2)
21% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 155
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$63.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$31.5M |
| 3 |
Millennium Management
New York
|
+$29.8M |
| 4 |
Holocene Advisors
New York
|
+$26.8M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$34.2M |
| 2 |
BlackRock
New York
|
-$23M |
| 3 |
Walleye Capital
New York
|
-$16.7M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$12.5M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$12.3M |
PNFP Hedge Fund Activity: Q3 2023 in Review
391 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q3 2023, worth a combined $4.37B — up 20% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PNFP positions and 39 closed out — a net gain of 5 holders — while 123 added to existing stakes and 155 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $63.9M. The largest seller was State Street, cutting an estimated $34.2M.
- 391 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q3 2023, up from 389 in Q2 2023.
- Funds reported $4.37B of Pinnacle Financial Partners Inc stock for Q3 2023, up 20% quarter-over-quarter.
- 44 funds opened new Pinnacle Financial Partners Inc positions in Q3 2023 and 39 closed out, a net change of +5 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q3 2023 was Wellington Management Group, an estimated $63.9M added.
- The largest Pinnacle Financial Partners Inc seller in Q3 2023 was State Street, an estimated $34.2M sold.
Based on aggregated 13F filings for Q3 2023.