Vault-13

PINNACLE FINL PARTNERS INC

COM · Common Stock · CUSIP 72346Q104

390 institutional holders -10 vs Q1 2023
64,279,53764.3m shares reported held*
$3.6bnreported value*
47 new 147 added 128 reduced 59 sold out net bought ≈ $58.9m (+1.1m shares)

* 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 ($15.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.53. Options: 8 managers hold calls ($9.1m notional), 7 hold puts ($4.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 392Q4 22: 421Q1 23: 400Q2 23: 390390Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022392
Q4 2022421
Q1 2023400
Q2 2023390

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 200 bought or addedQ4 22: 177 cut or sold outQ4 22Q1 23: 209 bought or addedQ1 23: 204 cut or sold outQ1 23Q2 23: 194 bought or addedQ2 23: 187 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022200177
Q1 2023209204
Q2 2023194187

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $5.6mQ3 22 puts: $965.0kQ3 22P/C 0.17Q4 22 calls: $5.7mQ4 22 puts: $1.9mQ4 22P/C 0.32Q1 23 calls: $2.3mQ1 23 puts: $3.1mQ1 23P/C 1.38Q2 23 calls: $9.1mQ2 23 puts: $4.4mQ2 23P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2022$5.6m$965.0k0.17
Q4 2022$5.7m$1.9m0.32
Q1 2023$2.3m$3.1m1.38
Q2 2023$9.1m$4.4m0.48

Biggest buyers

Channing Capital Management, LLC New +915,722+915.7k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC New +597,207+597.2k
NEW YORK STATE COMMON RETIREMENT FUND Added +360,187+360.2k
North Reef Capital Management LP Added +345,535+345.5k
Walleye Capital LLC New +295,667+295.7k
WASATCH ADVISORS LP Added +288,435+288.4k
Ceredex Value Advisors LLC New +254,500+254.5k
T. Rowe Price Investment Management, Inc. Added +207,366+207.4k
JENNISON ASSOCIATES LLC Added +204,528+204.5k
BloombergSen Inc. Added +189,188+189.2k

Biggest sellers

Baird Financial Group, Inc. Sold out -582,555-582.6k
Artemis Investment Management LLP Reduced -400,551-400.6k
Mondrian Investment Partners LTD Sold out -396,213-396.2k
Handelsbanken Fonder AB Reduced -343,400-343.4k
BANK OF AMERICA CORP /DE/ Reduced -253,874-253.9k
NORTHERN TRUST CORP Reduced -198,742-198.7k
BlackRock Inc. Reduced -191,938-191.9k
Swedbank AB Reduced -170,000-170.0k
Gillson Capital LP Sold out -137,987-138.0k
Handelsinvest Investeringsforvaltning Sold out -137,000-137.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.5m97.2k shares
CITADEL ADVISORS LLC Reduced $946.1k16.7k shares
SIMPLEX TRADING, LLC New $810.0k14.3k shares
Cubist Systematic Strategies, LLC New $668.5k11.8k shares
JANE STREET GROUP, LLC New $662.8k11.7k shares
GROUP ONE TRADING LLC New $368.2k6.5k shares
PEAK6 Investments LLC Reduced $147.3k2.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Cubist Systematic Strategies, LLC Added $1.5m26.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m20.1k shares
CITADEL ADVISORS LLC Reduced $742.1k13.1k shares
SIMPLEX TRADING, LLC Added $736.0k13.0k shares
PEAK6 Investments LLC Reduced $237.9k4.2k shares
GROUP ONE TRADING LLC New $22.7k400 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.

HolderStakeChangeShares Last filed
AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-02-13 6.9% new 5.3m 2026-02-13

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 7,212,9377.2m $408.6m $408.6m 0.01% Reduced -191.9k -191,938
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 7,080,8967.1m $401.1m $401.1m 0.01% Added +48.1k +48,135
3 T. Rowe Price Investment Management, Inc. 0.16% of their portfolio BALTIMORE, MD 4,248,1814.2m $240.7m $240.7m 0.16% Added +207.4k +207,366
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,576,6093.6m $202.6m $202.6m 0.01% Added +105.0k +105,029
5 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 2,613,9152.6m $148.1m $148.1m 0.04% Reduced -43.9k -43,931
6 WASATCH ADVISORS LP 0.83% of their portfolio SALT LAKE CITY, UT 2,409,1582.4m $136.5m $136.5m 0.83% Added +288.4k +288,435
7 FMR LLC 0.01% of their portfolio BOSTON, MA 2,014,9442.0m $114.1m $114.1m 0.01% Added +62.6k +62,594
8 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,846,0591.8m $104.6m $104.6m 0.03% Added +39.8k +39,755
9 JENNISON ASSOCIATES LLC 0.06% of their portfolio NEW YORK, NY 1,260,8051.3m $71.4m $71.4m 0.06% Added +204.5k +204,528
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,182,4851.2m $67.0m $67.0m 0.01% Added +51.7k +51,675
11 Fenimore Asset Management Inc 1.54% of their portfolio Cobleskill, NY 1,089,3091.1m $61.7m $61.7m 1.54% Added +17.4k +17,353
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 1,004,7721.0m $56.9m $56.9m 0.03% Added +5.8k +5,796
13 GW&K Investment Management, LLC 0.52% of their portfolio BOSTON, MA 970,496970.5k $55.0m $55.0m 0.52% Reduced -7.4k -7,411
14 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 922,737922.7k $52.3m $52.3m 0.01% Added +121.2k +121,199
15 Channing Capital Management, LLC 1.59% of their portfolio Chicago, IL 915,722915.7k $51.9m $51.9m 1.59% New
16 BloombergSen Inc. 4.54% of their portfolio TORONTO, A6 904,937904.9k $51.3m $51.3m 4.54% Added +189.2k +189,188
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 891,632891.6k $50.5m $50.5m 0.01% Added +94.0k +94,009
18 NORGES BANK 0.01% of their portfolio OSLO, Q8 819,002819.0k $46.4m $46.4m 0.01% Reduced -56.5k -56,474
19 Pinnacle Financial Partners Inc 1.15% of their portfolio Nashville, TN 809,880809.9k $45.9m $45.9m 1.15% Added +23.9k +23,874
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 799,604799.6k $45.3m $45.3m 0.01% Added +26.9k +26,913
21 North Reef Capital Management LP 3.42% of their portfolio LAGUNA BEACH, CA 785,535785.5k $44.5m $44.5m 3.42% Added +345.5k +345,535
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 774,820774.8k $43.9m $43.9m 0.01% Added +33.8k +33,791
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 721,863721.9k $40.9m $40.9m 0.00% Added +948 +948
24 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 659,931659.9k $37.4m $37.4m 0.01% Reduced -198.7k -198,742
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 652,577652.6k $37.0m $37.0m 0.00% Reduced -46.2k -46,220
26 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio CHICAGO, IL 597,207597.2k $33.8m $33.8m 0.11% New
27 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 531,717531.7k $30.1m $30.1m 0.04% Added +360.2k +360,187
28 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 519,342519.3k $29.4m $29.4m 0.01% Reduced -21.5k -21,493
29 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 476,218476.2k $27.0m $27.0m 0.01% Reduced -72 -72
30 EARNEST PARTNERS LLC 0.15% of their portfolio ATLANTA, GA 466,582466.6k $26.4m $26.4m 0.15% Added +181.2k +181,223
31 Artemis Investment Management LLP 0.33% of their portfolio EDINBURGH, X0 464,080464.1k $26.3m $26.3m 0.33% Reduced -400.6k -400,551
32 PRIVATE MANAGEMENT GROUP INC 1.11% of their portfolio IRVINE, CA 462,861462.9k $26.2m $26.2m 1.11% Added +31.0k +30,992
33 FRONTIER CAPITAL MANAGEMENT CO LLC 0.24% of their portfolio Boston, MA 448,218448.2k $25.4m $25.4m 0.24% Reduced -8.5k -8,528
34 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 436,952437.0k $24.8m $24.8m 0.03% Added +159.7k +159,677
35 WEDGE CAPITAL MANAGEMENT L L P/NC 0.35% of their portfolio CHARLOTTE, NC 383,834383.8k $21.7m $21.7m 0.35% Reduced -1.9k -1,941
36 Leeward Investments, LLC - MA 0.99% of their portfolio BOSTON, MA 372,278372.3k $21.1m $21.1m 0.99% Reduced -15.1k -15,069
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 302,106302.1k $17.1m $17.1m 0.00% Reduced -253.9k -253,874
38 Swedbank AB 0.03% of their portfolio STOCKHOLM, V7 300,000300.0k $17.0m $17.0m 0.03% Reduced -170.0k -170,000
39 Walleye Capital LLC 0.29% of their portfolio NEW YORK, NY 295,667295.7k $16.7m $16.7m 0.29% New
40 12th Street Asset Management Company, LLC 3.34% of their portfolio Nashville, TN 292,721292.7k $16.6m $16.6m 3.34% Added +56.1k +56,145
41 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 288,052288.1k $16.3m $16.3m 0.01% Reduced -14.6k -14,567
42 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 275,909275.9k $15.6m $15.6m 0.01% Reduced -115.9k -115,865
43 Retirement Systems of Alabama 0.07% of their portfolio MONTGOMERY, AL 271,197271.2k $15.4m $15.4m 0.07% Reduced -1.1k -1,059
44 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 267,881267.9k $15.2m $15.2m 0.03% Added +83.3k +83,257
45 Ceredex Value Advisors LLC 0.23% of their portfolio WINTER PARK, FL 254,500254.5k $14.4m $14.4m 0.23% New
46 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 240,680240.7k $13.6m $13.6m 0.02% Added +7.7k +7,714
47 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 210,322210.3k $11.9m $11.9m 0.03% Reduced -3.6k -3,569
48 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 206,351206.4k $11.7m $11.7m 0.02% Added +6.1k +6,127
49 LEE DANNER & BASS INC 1.00% of their portfolio NASHVILLE, TN 204,882204.9k $11.6m $11.6m 1.00% Reduced -1.4k -1,448
50 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 201,059201.1k $11.4m $11.4m 0.01% Added +100.3k +100,298
51 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 196,296196.3k $11.1m $11.1m 0.02% Added +20.3k +20,348
52 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 186,664186.7k $10.6m $10.6m 0.02% Added +9.1k +9,133
53 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 185,754185.8k $10.5m $10.5m 0.02% Reduced -41.3k -41,333
54 MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC 0.70% of their portfolio BOISE, ID 184,312184.3k $10.4m $10.4m 0.70% Reduced -46.4k -46,354
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 175,907175.9k $10.0m $10.0m 0.00% Reduced -10.5k -10,527
56 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 175,156175.2k $9.9m $9.9m 0.01% Added +25.1k +25,104
57 Mesirow Institutional Investment Management, Inc. 0.98% of their portfolio CHICAGO, IL 167,675167.7k $9.5m $9.5m 0.98% New
58 Swiss National Bank 0.01% of their portfolio ZURICH, V8 166,861166.9k $9.5m $9.5m 0.01% Added +1.8k +1,800
59 KENNEDY CAPITAL MANAGEMENT LLC 0.21% of their portfolio ST LOUIS, MO 161,616161.6k $9.2m $9.2m 0.21% Added +25.3k +25,272
60 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 159,388159.4k $9.0m $9.0m 0.01% Unchanged
61 Penn Capital Management Company, LLC 0.83% of their portfolio PHILADELPHIA, PA 149,897149.9k $8.5m $8.5m 0.83% Reduced -2.2k -2,170
62 THORNBURG INVESTMENT MANAGEMENT INC 0.14% of their portfolio SANTA FE, NM 147,086147.1k $8.3m $8.3m 0.14% Added +46.2k +46,195
63 TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio STAMFORD, CT 146,756146.8k $8.3m $8.3m 0.14% Reduced -6.7k -6,714
64 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.04% of their portfolio DENVER, CO 146,753146.8k $8.3m $8.3m 0.04% Unchanged
65 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 140,900140.9k $8.0m $8.0m 0.03% Added +5.1k +5,102
66 COMERICA BANK 0.00% of their portfolio DALLAS, TX 138,082138.1k $8 $8 0.00% First filing
67 OPPENHEIMER ASSET MANAGEMENT INC. 0.11% of their portfolio NEW YORK, NY 137,838137.8k $7.8m $7.8m 0.11% Added +31.0k +30,989
68 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 136,883136.9k $7.8m $7.8m 0.01% Reduced -58.3k -58,293
69 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 134,722134.7k $7.6m $7.6m 0.04% Added +54.3k +54,317
70 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 122,256122.3k $6.9m $6.9m 0.02% Unchanged
71 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 116,898116.9k $6.6m $6.6m 0.00% Added +1.4k +1,425
72 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 115,916115.9k $6.6m $6.6m 0.02% Added +68.7k +68,740
73 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 115,739115.7k $6.6m $6.6m 0.04% Reduced -2.3k -2,283
74 Legal & General Group Plc 0.00% of their portfolio London, X0 114,364114.4k $6.5m $6.5m 0.00% Added +1.9k +1,886
75 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 114,085114.1k $6.5m $6.5m 0.00% Reduced -5.2k -5,185
76 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 113,674113.7k $6.4m $6.4m 0.01% Added +18.5k +18,532
77 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 109,539109.5k $6.2m $6.2m 0.01% Added +8.6k +8,613
78 CAROLINAS WEALTH CONSULTING LLC 1.20% of their portfolio CHARLOTTE, NC 107,240107.2k $6.1m $6.1m 1.20% Added +9.8k +9,759
79 Philadelphia Financial Management of San Francisco, LLC 1.78% of their portfolio SAN FRANCISCO, CA 105,837105.8k $6.0m $6.0m 1.78% Reduced -40.2k -40,157
80 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 103,440103.4k $5.9m $5.9m 0.00% Added +1.7k +1,664
81 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 102,508102.5k $5.8m $5.8m 0.00% Reduced -2.3k -2,258
82 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 102,198102.2k $5.8m $5.8m 0.01% Added +26.9k +26,877
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 101,618101.6k $5.6m $5.6m 0.00% Unchanged
84 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 93,76493.8k $5.3m $5.3m 0.02% Reduced -331 -331
85 Gator Capital Management, LLC 3.66% of their portfolio TAMPA, FL 91,78091.8k $5.2m $5.2m 3.66% New
86 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 89,68589.7k $5.1m $5.1m 0.01% Reduced -5.5k -5,533
87 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 88,27588.3k $5.0m $5.0m 0.03% Reduced -249 -249
88 Forest Hill Capital, LLC 2.32% of their portfolio LITTLE ROCK, AR 86,40486.4k $4.9m $4.9m 2.32% Unchanged
89 CHARTWELL INVESTMENT PARTNERS, LLC 0.17% of their portfolio BERYWN, PA 81,89581.9k $4.6m $4.6m 0.17% Reduced -1.2k -1,152
90 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 81,02781.0k $4.6m $4.6m 0.01% Added +1.9k +1,866
91 DIVERSIFIED TRUST CO 0.17% of their portfolio MEMPHIS, TN 80,46780.5k $4.6m $4.6m 0.17% Reduced -219 -219
92 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 78,76778.8k $4.5m $4.5m 0.01% Added +68.7k +68,747
93 SALZHAUER MICHAEL 4.34% of their portfolio NEW YORK, NY 71,02271.0k $4.0m $4.0m 4.34% Added +13.1k +13,093
94 TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio AUSTIN, TX 67,54267.5k $3.8m $3.8m 0.04% Reduced -1.1k -1,063
95 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 63,64063.6k $3.6m $3.6m 0.04% Reduced -1.5k -1,531
96 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 63,64063.6k $3.6m $3.6m 0.04% Reduced -1.5k -1,531
97 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio NEW YORK, NY 63,16563.2k $3.6m $3.6m 0.03% Added +9.5k +9,488
98 WOODMONT INVESTMENT COUNSEL LLC 0.37% of their portfolio NASHVILLE, TN 63,14163.1k $3.6m $3.6m 0.37% Added +17.2k +17,170
99 EJF Capital LP 1.62% of their portfolio Arlington, VA 62,16762.2k $3.5m $3.5m 1.62% Reduced -1.6k -1,581
100 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 61,93761.9k $3.5m $3.5m 0.01% Reduced -15.7k -15,668