Park National Corp
105 hedge funds and large institutions have $565M invested in Park National Corp in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 18 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 42.41% → 42.39% (-0.02%)
9% less funds holding
Funds holding: 115 → 105 (-10)
20% less capital invested
Capital invested by funds: $702M → $565M (-$137M)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.43M |
| 2 |
BlackRock
New York
|
+$2.78M |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
+$2.01M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.45M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.32M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.92M |
| 5 |
Morgan Stanley
New York
|
-$1.76M |
PRK Hedge Fund Activity: Q4 2018 in Review
105 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Park National Corp (PRK) for Q4 2018, worth a combined $565M — down 20% from $702M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PRK and 10 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 41 added.
The largest buyer was First Trust Advisors, adding an estimated $6.43M. The largest seller was Millennium Management, exiting entirely with an estimated $2.7M sold.
- 105 institutional investors held Park National Corp (PRK) as of Q4 2018, down from 115 in Q3 2018.
- Funds reported $565M of Park National Corp stock for Q4 2018, down 20% quarter-over-quarter.
- 10 funds opened new Park National Corp positions in Q4 2018 and 18 closed out, a net change of -8 holders.
- The largest Park National Corp buyer in Q4 2018 was First Trust Advisors, an estimated $6.43M added.
- The largest Park National Corp seller in Q4 2018 was Millennium Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q4 2018.