Park National Corp
79 hedge funds and large institutions have $386M invested in Park National Corp in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 9 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 80 → 79 (-1)
8.14% less ownership
Funds ownership: 42.14% → 34% (-8.1%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
17% less call options, than puts
Call options by funds: $1.48M | Put options by funds: $1.79M
23% less capital invested
Capital invested by funds: $501M → $386M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.23M |
| 2 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$317K |
| 3 |
Renaissance Technologies
New York
|
+$276K |
| 4 |
State Street
Boston,
Massachusetts
|
+$269K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC
Park National Corp
Newark,
Ohio
|
-$78.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$15.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.54M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.14M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$942K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
76
Ground Swell Capital
Folly Beach,
South Carolina
| $15K | +$15.3K | +200 | New |
|
|
GGPS
77
Gary Goldberg Planning Services
Suffern,
New York
| $12K | +$153 | +2 | +1% |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $8.96K | +$9.35K | +122 | +0.1% |
|
|
DA
79
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1.54M | -20,000 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$405K | -5,248 | Closed |
|
82
Prudential Financial
Newark,
New Jersey
| – | -$321K | -4,153 | Closed |
|
|
FWIA
83
Fort Washington Investment Advisors
Cincinnati,
Ohio
| – | -$200K | -2,592 | Closed |
|
84
SG Americas Securities
New York
| – | -$112K | -1,445 | Closed |
|
|
VFA
85
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$84K | -1,092 | Closed |
|
86
Schroder Investment Management Group
London,
United Kingdom
| – | -$30.9K | -400 | Closed |
|
|
FMT
87
First Mercantile Trust
Cordova,
Tennessee
| – | -$22K | -290 | Closed |
|
PRK Hedge Fund Activity: Q3 2014 in Review
79 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Park National Corp (PRK) for Q3 2014, worth a combined $386M — down 23% from $501M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PRK and 8 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 29 added.
The largest buyer was Vanguard Group, adding an estimated $1.23M. The largest seller was Park National Corp, cutting an estimated $78.8M.
- 79 institutional investors held Park National Corp (PRK) as of Q3 2014, down from 80 in Q2 2014.
- Funds reported $386M of Park National Corp stock for Q3 2014, down 23% quarter-over-quarter.
- 8 funds opened new Park National Corp positions in Q3 2014 and 9 closed out, a net change of -1 holder.
- The largest Park National Corp buyer in Q3 2014 was Vanguard Group, an estimated $1.23M added.
- The largest Park National Corp seller in Q3 2014 was Park National Corp, an estimated $78.8M sold.
Based on aggregated 13F filings for Q3 2014.