Park National Corp
77 hedge funds and large institutions have $520M invested in Park National Corp in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 10 closing their positions.
7% more capital invested
Capital invested by funds: $487M → $520M (+$33.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 40.27% → 39.96% (-0.31%)
8% less funds holding
Funds holding: 84 → 77 (-7)
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$4.12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.21M |
| 3 |
Citigroup
New York
|
+$504K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$392K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$277K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
76
Denali Advisors
San Diego,
California
| $2K | +$1.22K | +15 | +150% |
|
|
EFSCE
77
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $1K | – | – | – |
|
78
Swiss National Bank
Zurich,
Switzerland
| – | -$807K | -10,200 | Closed |
|
|
RBA
79
Richard Bernstein Advisors
New York
| – | -$797K | -10,073 | Closed |
|
|
RFC
80
Russell Frank Company
Seattle,
Washington
| – | -$460K | -5,812 | Closed |
|
|
BG
81
BlackRock Group
London,
United Kingdom
| – | -$397K | -5,027 | Closed |
|
82
Renaissance Technologies
New York
| – | -$261K | -3,305 | Closed |
|
83
UBS AM
Chicago,
Illinois
| – | -$261K | -3,300 | Closed |
|
84
Teacher Retirement System of Texas
Austin,
Texas
| – | -$126K | -1,595 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$53K | -664 | Closed |
|
|
PAM
86
Panagora Asset Management
Boston,
Massachusetts
| – | -$25K | -315 | Closed |
|
87
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -13 | Closed |
|
PRK Hedge Fund Activity: Q4 2013 in Review
77 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Park National Corp (PRK) for Q4 2013, worth a combined $520M — up 6.8% from $487M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PRK and 3 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 25 added.
The largest buyer was Norges Bank, adding an estimated $4.12M. The largest seller was BlackRock Institutional Trust, cutting an estimated $1.45M.
- 77 institutional investors held Park National Corp (PRK) as of Q4 2013, down from 84 in Q3 2013.
- Funds reported $520M of Park National Corp stock for Q4 2013, up 6.8% quarter-over-quarter.
- 3 funds opened new Park National Corp positions in Q4 2013 and 10 closed out, a net change of -7 holders.
- The largest Park National Corp buyer in Q4 2013 was Norges Bank, an estimated $4.12M added.
- The largest Park National Corp seller in Q4 2013 was BlackRock Institutional Trust, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2013.