Park National Corp
96 hedge funds and large institutions have $686M invested in Park National Corp in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 21 closing their positions.
149% more call options, than puts
Call options by funds: $189K | Put options by funds: $76K
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
1.15% more ownership
Funds ownership: 41.51% → 42.67% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $762M → $686M (-$75.7M)
17% less funds holding
Funds holding: 115 → 96 (-19)
67% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$93.7M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$10.8M |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
+$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.68M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$4.06M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$3.15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.68M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.45M |
| 5 |
JP Morgan Chase
New York
|
-$2.35M |
PRK Hedge Fund Activity: Q1 2017 in Review
96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Park National Corp (PRK) for Q1 2017, worth a combined $686M — down 9.9% from $762M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PRK and 7 opened new positions — a net loss of 14 holders — while 32 trimmed existing stakes and 36 added.
The largest buyer was BlackRock, adding an estimated $93.7M. The largest seller was Norges Bank, cutting an estimated $4.06M.
- 96 institutional investors held Park National Corp (PRK) as of Q1 2017, down from 115 in Q4 2016.
- Funds reported $686M of Park National Corp stock for Q1 2017, down 9.9% quarter-over-quarter.
- 7 funds opened new Park National Corp positions in Q1 2017 and 21 closed out, a net change of -14 holders.
- The largest Park National Corp buyer in Q1 2017 was BlackRock, an estimated $93.7M added.
- The largest Park National Corp seller in Q1 2017 was Norges Bank, an estimated $4.06M sold.
Based on aggregated 13F filings for Q1 2017.