FIRST COMWLTH FINL CORP PA FCF
COM · Common Stock · CUSIP 319829107
Financial services corporation serving Western Pennsylvania and Central Ohio
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersIndiana, PA
- Founded1857
- Websitefcbanking.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.1m this quarter). Holder counts are more reliable. Shares outstanding: 102.2m as of 2024-02-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $13.92. Options: 2 managers hold calls ($71.0k notional), 2 hold puts ($96.0k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 207 |
| Q4 2022 | 205 |
| Q1 2023 | 200 |
| Q2 2023 | 191 |
| Q3 2023 | 186 |
| Q4 2023 | 175 |
| Q1 2024 | 186 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 89 | 96 |
| Q1 2023 | 109 | 85 |
| Q2 2023 | 77 | 102 |
| Q3 2023 | 75 | 94 |
| Q4 2023 | 71 | 85 |
| Q1 2024 | 87 | 73 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $244.6k | $102.5k | 0.42 |
| Q3 2023 | $137.5k | $76.7k | 0.56 |
| Q4 2023 | $115.3k | $54.0k | 0.47 |
| Q1 2024 | $71.0k | $96.0k | 1.35 |
Biggest buyers
| MORGAN STANLEY | Added | +1.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +780.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +400.8k |
| FRANKLIN RESOURCES INC | Added | +258.3k |
| Empowered Funds, LLC | Added | +198.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +184.5k |
| Qube Research & Technologies Ltd | New | +123.0k |
| Thrivent Financial for Lutherans | Added | +114.9k |
| BANK OF AMERICA CORP /DE/ | Added | +110.8k |
| Assenagon Asset Management S.A. | Added | +107.7k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -397.4k |
| JPMORGAN CHASE & CO | Reduced | -386.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -185.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -169.9k |
| FIRST TRUST ADVISORS LP | Reduced | -166.5k |
| Nuveen Asset Management, LLC | Reduced | -89.5k |
| NORTHERN TRUST CORP | Reduced | -87.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -76.4k |
| BARCLAYS PLC | Reduced | -64.8k |
| NORGES BANK | Reduced | -61.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $71.0k5.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $96.0k6.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.1% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 2 | $390.6k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $110.4k | — |
| Q1 2024 | 0 | — | 1 | $116.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-26 | KARRIP BRIAN G EVP/Chief Credit Officer | Sold | $116.8k8.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 15.0m $209.2m | Added +84.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.7m $163.5m | Added +13.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 6.8m $94.0m | Added +184.5k |
| STATE STREET CORP 0.00% of their portfolio | 4.8m $66.4m | Added +59.3k |
| MORGAN STANLEY 0.00% of their portfolio | 4.7m $65.4m | Added +1.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.6m $49.8m | Added +780.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 3.0m $41.1m | Added +258.3k |
| Mariner, LLC 0.08% of their portfolio | 2.7m $37.2m | Reduced -39.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $31.5m | Added +52.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.13% of their portfolio | 2.1m $29.7m | Reduced -397.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.0m $28.4m | Reduced -386.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.4m $18.9m | Reduced -87.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.3m $17.9m | Added +400.8k |
| Waldron Private Wealth LLC 0.76% of their portfolio | 1.2m $16.8m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.2m $16.4m | Reduced -59.8k |
| First Commonwealth Financial Corp /PA/ 3.55% of their portfolio | 960.7k $13.4m | Added +61.8k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 871.8k $12.1m | Added +114.9k |
| Invesco Ltd. 0.00% of their portfolio | 679.9k $9.5m | Added +35.1k |
| NORGES BANK 0.00% of their portfolio | 638.6k $8.9m | Reduced -61.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 619.1k $8.6m | Reduced -169.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 612.2k $8.5m | Reduced -52.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 537.1k $7.5m | Reduced -166.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 528.5k $7.4m | Reduced -3.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 481.9k $6.7m | Reduced -89.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 458.0k $6.4m | Added +13.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 452.7k $6.3m | Added +110.8k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 418.4k $5.8m | Reduced -29.3k |
| Empowered Funds, LLC 0.05% of their portfolio | 368.4k $5.1m | Added +198.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 362.5k $5.0m | Added +449 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 341.4k $4.8m | Reduced -3.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 296.5k $4.1m | Added +12.3k |
| Legal & General Group Plc 0.00% of their portfolio | 293.4k $4.1m | Added +416 |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 289.9k $4.0m | Added +3.0k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 279.7k $3.9m | Reduced -2.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 251.8k $3.5m | Reduced -2.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 220.1k $3.1m | Reduced -185.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 214.5k $3.0m | Added +25.1k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 208.7k $2.9m | Reduced -3.2k |
| Sandy Spring Bank 0.13% of their portfolio | 208.5k $2.9m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 201.8k $2.8m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 201.3k $2.8m | Reduced -5.1k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 189.9k $2.6m | Added +107.7k |
| CITIGROUP INC 0.00% of their portfolio | 171.9k $2.4m | Added +22.3k |
| BARCLAYS PLC 0.00% of their portfolio | 168.1k $2.3m | Reduced -64.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 154.8k $2.2m | Added +21.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 151.2k $2.1m | Reduced -34.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 149.5k $2.1m | Reduced -4.6k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 123.0k $1.7m | New |
| EASTERLY INVESTMENT PARTNERS LLC 0.13% of their portfolio | 121.8k $1.7m | Reduced -57 |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 121.5k $1.7m | Reduced -6.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 102.1k $1.4m | Reduced -6.0k |
| Boston Partners 0.00% of their portfolio | 94.1k $1.3m | Added +38.1k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 93.6k $1.3m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 93.0k $1.2m | Added +39.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 92.2k $1.3m | Added +6.1k |
| UBS Group AG 0.00% of their portfolio | 89.4k $1.2m | Added +51.1k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 89.1k $1.2m | Added +887 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 88.0k $1.2m | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 86.8k $1.2m | Reduced -1.7k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 83.2k $1.2m | Added +65.2k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 81.5k $1.1m | Added +22.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 68.7k $956.7k | Added +39.8k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 68.1k $948.0k | Added +32.1k |
| HRT FINANCIAL LP 0.01% of their portfolio | 67.5k $939.0k | New |
| CORNERCAP INVESTMENT COUNSEL INC 0.14% of their portfolio | 66.2k $921.6k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 65.6k $913.0k | Added +48.7k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 62.0k $863.0k | Reduced -802 |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio | 58.9k $820.2k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 58.7k $815.3k | Added +3 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 56.3k $783.0k | Added +50 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 54.7k $761.0k | Reduced -1.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 53.4k $743.8k | Reduced -4.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 50.6k $704.8k | Reduced -2.8k |
| HANTZ FINANCIAL SERVICES, INC. 0.01% of their portfolio | 50.5k $703.0k | Added +3.2k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 50.4k $701.6k | Reduced -700 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 49.0k $682.0k | Added +30.1k |
| Haverford Trust Co 0.01% of their portfolio | 48.9k $680.5k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 47.1k $656.0k | Added +3.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 46.8k $651.0k | Added +26 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 46.4k $646.0k | Reduced -6.8k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 45.7k $635.6k | Reduced -4.8k |
| Allegheny Financial Group 0.19% of their portfolio | 45.2k $628.7k | Reduced -7.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 43.8k $609.6k | Reduced -584 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 43.6k $607.4k | Reduced -162 |
| COMERICA BANK 0.00% of their portfolio | 42.5k $591.2k | Reduced -4.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 40.4k $561.9k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 38.0k $529.4k | Reduced -4.8k |
| Maryland State Retirement & Pension System 0.01% of their portfolio | 37.1k $469.5k | Unchanged |
| FMR LLC 0.00% of their portfolio | 36.9k $513.3k | Reduced -14.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 36.5k $508.5k | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 34.8k $484.2k | Reduced -2.8k |
| CNB Bank 0.23% of their portfolio | 33.8k $471.1k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 32.5k $452.7k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 31.6k $440.0k | Reduced -5.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 30.5k $425.0k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 30.0k $417.9k | Added +1.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 29.7k $413.9k | Reduced -38.7k |
| Buckingham Capital Management, Inc. 0.05% of their portfolio | 29.3k $407.5k | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 28.4k $395.2k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 28.1k $390.6k | Reduced -564 |