Pinnacle Financial Partners Inc
PNFP
408 hedge funds and large institutions have $5.8B invested in Pinnacle Financial Partners Inc in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 119 increasing their positions, 155 reducing their positions, and 45 closing their positions.
2,359% more call options, than puts
Call options by funds: $7.01M | Put options by funds: $285K
0.57% less ownership
Funds ownership: 88.3% → 87.72% (-0.57%)
2% less capital invested
Capital invested by funds: $5.91B → $5.8B (-$109M)
9% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 45
3% less funds holding
Funds holding: 419 → 408 (-11)
23% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 155
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$82.8M |
| 2 |
JCM
Junto Capital Management
New York
|
+$42.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$17.9M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$15.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.6M |
| 2 |
Holocene Advisors
New York
|
-$20.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.3M |
| 4 |
Goldman Sachs
New York
|
-$15.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.26M |
PNFP Hedge Fund Activity: Q1 2024 in Review
408 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Financial Partners Inc (PNFP) for Q1 2024, worth a combined $5.8B — down 1.8% from $5.91B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PNFP and 41 opened new positions — a net loss of 4 holders — while 155 trimmed existing stakes and 119 added.
The largest buyer was Wasatch Advisors, adding an estimated $82.8M. The largest seller was Wellington Management Group, cutting an estimated $30.6M.
- 408 institutional investors held Pinnacle Financial Partners Inc (PNFP) as of Q1 2024, down from 419 in Q4 2023.
- Funds reported $5.8B of Pinnacle Financial Partners Inc stock for Q1 2024, down 1.8% quarter-over-quarter.
- 41 funds opened new Pinnacle Financial Partners Inc positions in Q1 2024 and 45 closed out, a net change of -4 holders.
- The largest Pinnacle Financial Partners Inc buyer in Q1 2024 was Wasatch Advisors, an estimated $82.8M added.
- The largest Pinnacle Financial Partners Inc seller in Q1 2024 was Wellington Management Group, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2024.