Vault-13

PINNACLE FINL PARTNERS INC

COM · Common Stock · CUSIP 72346Q104

393 institutional holders +3 vs Q2 2023
64,835,22964.8m shares reported held*
$4.3bnreported value*
39 new 123 added 156 reduced 39 sold out net bought ≈ $38.2m (+519.9k 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 ($17.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.08. Options: 10 managers hold calls ($11.2m notional), 8 hold puts ($5.8m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 392Q4 22: 421Q1 23: 400Q2 23: 390Q3 23: 393393Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022392
Q4 2022421
Q1 2023400
Q2 2023390
Q3 2023393

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 23Q3 23: 162 bought or addedQ3 23: 195 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022200177
Q1 2023209204
Q2 2023194187
Q3 2023162195

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 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 0.48Q3 23 calls: $11.2mQ3 23 puts: $5.8mQ3 23P/C 0.51
Numbers
QuarterCallsPutsP/C
Q4 2022$5.7m$1.9m0.32
Q1 2023$2.3m$3.1m1.38
Q2 2023$9.1m$4.4m0.48
Q3 2023$11.2m$5.8m0.51

Biggest buyers

WELLINGTON MANAGEMENT GROUP LLP Added +947,704+947.7k
DIMENSIONAL FUND ADVISORS LP Added +467,320+467.3k
MILLENNIUM MANAGEMENT LLC Added +441,458+441.5k
Holocene Advisors, LP Added +397,105+397.1k
DEPRINCE RACE & ZOLLO INC New +365,843+365.8k
EARNEST PARTNERS LLC Added +167,527+167.5k
PEREGRINE CAPITAL MANAGEMENT LLC Added +147,039+147.0k
Azora Capital LP New +146,246+146.2k
North Reef Capital Management LP Added +124,573+124.6k
LOS ANGELES CAPITAL MANAGEMENT LLC New +119,823+119.8k

Biggest sellers

STATE STREET CORP Reduced -506,519-506.5k
BlackRock Inc. Reduced -341,087-341.1k
Walleye Capital LLC Sold out -295,667-295.7k
WEDGE CAPITAL MANAGEMENT L L P/NC Reduced -185,077-185.1k
MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC Sold out -184,312-184.3k
WASATCH ADVISORS LP Reduced -181,630-181.6k
Invesco Ltd. Reduced -154,043-154.0k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -147,452-147.5k
TUDOR INVESTMENT CORP ET AL Sold out -146,756-146.8k
D. E. Shaw & Co., Inc. Reduced -126,735-126.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.4m64.9k shares
Interval Partners, LP New $3.4m500 shares
CITADEL ADVISORS LLC Reduced $878.2k13.1k shares
Cubist Systematic Strategies, LLC Unchanged $791.1k11.8k shares
SIMPLEX TRADING, LLC Reduced $563.0k8.4k shares
GROUP ONE TRADING LLC Reduced $415.6k6.2k shares
JANE STREET GROUP, LLC Reduced $355.3k5.3k shares
PEAK6 Investments LLC Added $268.2k4.0k shares
WOLVERINE TRADING, LLC New $248.0k3.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.1m31.3k shares
Cubist Systematic Strategies, LLC Reduced $1.5m22.7k shares
SIMPLEX TRADING, LLC Added $1.0m15.0k shares
JANE STREET GROUP, LLC New $563.1k8.4k shares
PEAK6 Investments LLC Added $382.1k5.7k shares
CITADEL ADVISORS LLC Reduced $194.4k2.9k shares
GROUP ONE TRADING LLC Reduced $6.7k100 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 7,097,6987.1m $475.8m $475.8m 0.01% Added +16.8k +16,802
2 BlackRock Inc. 0.01% of their portfolio New York, NY 6,871,8506.9m $460.7m $460.7m 0.01% Reduced -341.1k -341,087
3 T. Rowe Price Investment Management, Inc. 0.20% of their portfolio BALTIMORE, MD 4,262,6484.3m $285.8m $285.8m 0.20% Added +14.5k +14,467
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,070,0903.1m $205.8m $205.8m 0.01% Reduced -506.5k -506,519
5 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 2,459,8722.5m $164.9m $164.9m 0.04% Reduced -154.0k -154,043
6 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 2,313,3792.3m $155.1m $155.1m 0.05% Added +467.3k +467,320
7 WASATCH ADVISORS LP 0.94% of their portfolio SALT LAKE CITY, UT 2,227,5282.2m $149.3m $149.3m 0.94% Reduced -181.6k -181,630
8 FMR LLC 0.01% of their portfolio BOSTON, MA 2,084,1412.1m $139.7m $139.7m 0.01% Added +69.2k +69,197
9 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 1,870,4411.9m $125.4m $125.4m 0.03% Added +947.7k +947,704
10 JENNISON ASSOCIATES LLC 0.07% of their portfolio NEW YORK, NY 1,269,5031.3m $85.1m $85.1m 0.07% Added +8.7k +8,698
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,210,5071.2m $81.2m $81.2m 0.01% Added +28.0k +28,022
12 Fenimore Asset Management Inc 1.90% of their portfolio Cobleskill, NY 1,089,0661.1m $73.0m $73.0m 1.90% Reduced -243 -243
13 BloombergSen Inc. 5.75% of their portfolio TORONTO, A6 966,295966.3k $64.8m $64.8m 5.75% Added +61.4k +61,358
14 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 949,535949.5k $63.7m $63.7m 0.02% Added +57.9k +57,903
15 GW&K Investment Management, LLC 0.63% of their portfolio BOSTON, MA 934,210934.2k $62.6m $62.6m 0.63% Reduced -36.3k -36,286
16 North Reef Capital Management LP 3.85% of their portfolio LAGUNA BEACH, CA 910,108910.1k $61.0m $61.0m 3.85% Added +124.6k +124,573
17 Channing Capital Management, LLC 1.98% of their portfolio Chicago, IL 894,515894.5k $60.0m $60.0m 1.98% Reduced -21.2k -21,207
18 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 885,048885.0k $59.3m $59.3m 0.03% Reduced -119.7k -119,724
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 842,959843.0k $56.5m $56.5m 0.02% Added +43.4k +43,355
20 NORGES BANK 0.01% of their portfolio OSLO, Q8 836,254836.3k $56.1m $56.1m 0.01% Added +17.3k +17,252
21 Pinnacle Financial Partners Inc 1.42% of their portfolio Nashville, TN 818,200818.2k $54.9m $54.9m 1.42% Added +8.3k +8,320
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 759,281759.3k $50.9m $50.9m 0.01% Reduced -15.5k -15,539
23 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 718,268718.3k $48.2m $48.2m 0.01% Reduced -3.6k -3,595
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 659,702659.7k $44.2m $44.2m 0.00% Added +7.1k +7,125
25 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 638,861638.9k $42.8m $42.8m 0.01% Reduced -21.1k -21,070
26 EARNEST PARTNERS LLC 0.25% of their portfolio ATLANTA, GA 634,109634.1k $42.5m $42.5m 0.25% Added +167.5k +167,527
27 NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio ALBANY, NY 587,990588.0k $39.4m $39.4m 0.06% Added +56.3k +56,273
28 PRIVATE MANAGEMENT GROUP INC 1.27% of their portfolio IRVINE, CA 461,219461.2k $30.9m $30.9m 1.27% Reduced -1.6k -1,642
29 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 454,576454.6k $30.5m $30.5m 0.03% Added +441.5k +441,458
30 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio CHICAGO, IL 449,755449.8k $30.2m $30.2m 0.10% Reduced -147.5k -147,452
31 FRONTIER CAPITAL MANAGEMENT CO LLC 0.33% of their portfolio Boston, MA 446,586446.6k $29.9m $29.9m 0.33% Reduced -1.6k -1,632
32 Holocene Advisors, LP 0.13% of their portfolio New York, NY 440,552440.6k $29.5m $29.5m 0.13% Added +397.1k +397,105
33 Artemis Investment Management LLP 0.41% of their portfolio EDINBURGH, X0 439,373439.4k $29.4m $29.4m 0.41% Reduced -24.7k -24,707
34 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 423,531423.5k $28.4m $28.4m 0.01% Reduced -52.7k -52,687
35 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 413,757413.8k $27.7m $27.7m 0.01% Reduced -105.6k -105,585
36 DEPRINCE RACE & ZOLLO INC 0.60% of their portfolio Winter Park, FL 365,843365.8k $24.5m $24.5m 0.60% New
37 Leeward Investments, LLC - MA 1.21% of their portfolio BOSTON, MA 352,637352.6k $23.6m $23.6m 1.21% Reduced -19.6k -19,641
38 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 324,827324.8k $21.8m $21.8m 0.03% Reduced -112.1k -112,125
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 283,963284.0k $19.0m $19.0m 0.00% Reduced -18.1k -18,143
40 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 283,034283.0k $19.0m $19.0m 0.01% Reduced -5.0k -5,018
41 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 275,129275.1k $18.4m $18.4m 0.01% Reduced -780 -780
42 Retirement Systems of Alabama 0.08% of their portfolio MONTGOMERY, AL 268,141268.1k $18.0m $18.0m 0.08% Reduced -3.1k -3,056
43 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 257,712257.7k $17.3m $17.3m 0.03% Reduced -10.2k -10,169
44 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 251,598251.6k $16.9m $16.9m 0.01% Added +75.7k +75,691
45 Swedbank AB 0.03% of their portfolio STOCKHOLM, V7 250,000250.0k $16.8m $16.8m 0.03% Reduced -50.0k -50,000
46 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 237,359237.4k $15.9m $15.9m 0.02% Reduced -3.3k -3,321
47 Ceredex Value Advisors LLC 0.28% of their portfolio WINTER PARK, FL 235,900235.9k $15.8m $15.8m 0.28% Reduced -18.6k -18,600
48 12th Street Asset Management Company, LLC 3.08% of their portfolio Nashville, TN 224,186224.2k $15.0m $15.0m 3.08% Reduced -68.5k -68,535
49 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 218,507218.5k $14.6m $14.6m 0.03% Added +22.2k +22,211
50 WEDGE CAPITAL MANAGEMENT L L P/NC 0.26% of their portfolio CHARLOTTE, NC 198,757198.8k $13.3m $13.3m 0.26% Reduced -185.1k -185,077
51 LEE DANNER & BASS INC 1.21% of their portfolio NASHVILLE, TN 198,682198.7k $13.3m $13.3m 1.21% Reduced -6.2k -6,200
52 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 196,976197.0k $13.2m $13.2m 0.04% Reduced -13.3k -13,346
53 Mesirow Institutional Investment Management, Inc. 1.29% of their portfolio CHICAGO, IL 189,717189.7k $12.7m $12.7m 1.29% Added +22.0k +22,042
54 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 185,911185.9k $12.5m $12.5m 0.01% Added +10.8k +10,755
55 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 181,439181.4k $12.2m $12.2m 0.02% Reduced -24.9k -24,912
56 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 179,834179.8k $12.1m $12.1m 0.02% Reduced -6.8k -6,830
57 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 169,843169.8k $11.4m $11.4m 0.01% Added +33.0k +32,960
58 Penn Capital Management Company, LLC 1.16% of their portfolio PHILADELPHIA, PA 168,967169.0k $11.4m $11.4m 1.16% Added +19.1k +19,070
59 Swiss National Bank 0.01% of their portfolio ZURICH, V8 168,661168.7k $11.3m $11.3m 0.01% Added +1.8k +1,800
60 KENNEDY CAPITAL MANAGEMENT LLC 0.26% of their portfolio ST LOUIS, MO 161,414161.4k $10.8m $10.8m 0.26% Reduced -202 -202
61 PEREGRINE CAPITAL MANAGEMENT LLC 0.32% of their portfolio MINNEAPOLIS, MN 158,900158.9k $10.7m $10.7m 0.32% Added +147.0k +147,039
62 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 154,771154.8k $10.4m $10.4m 0.02% Added +45.2k +45,232
63 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 154,616154.6k $10.4m $10.4m 0.01% Reduced -4.8k -4,772
64 THORNBURG INVESTMENT MANAGEMENT INC 0.17% of their portfolio SANTA FE, NM 153,436153.4k $10.3m $10.3m 0.17% Added +6.3k +6,350
65 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.05% of their portfolio DENVER, CO 147,537147.5k $9.9m $9.9m 0.05% Added +784 +784
66 COMERICA BANK 0.05% of their portfolio DALLAS, TX 146,436146.4k $9.8m $9.8m 0.05% Added +8.4k +8,354
67 Azora Capital LP 1.08% of their portfolio MIAMI, FL 146,246146.2k $9.8m $9.8m 1.08% New
68 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 143,293143.3k $9.6m $9.6m 0.01% Reduced -57.8k -57,766
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 133,892133.9k $9.0m $9.0m 0.00% Added +19.8k +19,807
70 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio COLUMBUS, OH 127,661127.7k $8.6m $8.6m 0.04% Reduced -13.2k -13,239
71 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 122,878122.9k $8.2m $8.2m 0.03% Added +7.0k +6,962
72 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 122,256122.3k $8.2m $8.2m 0.02% Unchanged
73 LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 119,823119.8k $8.0m $8.0m 0.03% New
74 Legal & General Group Plc 0.00% of their portfolio London, X0 116,902116.9k $7.8m $7.8m 0.00% Added +2.5k +2,538
75 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 113,720113.7k $7.6m $7.6m 0.01% Added +46 +46
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 111,968112.0k $7.5m $7.5m 0.00% Reduced -4.9k -4,930
77 AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio New York, NY 108,132108.1k $7.2m $7.2m 0.05% Reduced -7.6k -7,607
78 State of Tennessee, Department of Treasury 0.03% of their portfolio NASHVILLE, TN 102,042102.0k $6.8m $6.8m 0.03% Added +58.1k +58,074
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 102,038102.0k $6.8m $6.8m 0.00% Reduced -470 -470
80 CAROLINAS WEALTH CONSULTING LLC 1.58% of their portfolio CHARLOTTE, NC 101,764101.8k $6.3m $6.3m 1.58% Reduced -5.5k -5,476
81 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 101,693101.7k $6.8m $6.8m 0.01% Reduced -505 -505
82 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 98,92198.9k $6.6m $6.6m 0.00% Reduced -2.7k -2,697
83 OPPENHEIMER ASSET MANAGEMENT INC. 0.10% of their portfolio NEW YORK, NY 97,93797.9k $6.6m $6.6m 0.10% Reduced -39.9k -39,901
84 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 95,70695.7k $6.4m $6.4m 0.02% Added +1.9k +1,942
85 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 90,10990.1k $6.0m $6.0m 0.01% Added +43.5k +43,521
86 Gator Capital Management, LLC 4.13% of their portfolio TAMPA, FL 86,98087.0k $5.8m $5.8m 4.13% Reduced -4.8k -4,800
87 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 86,21186.2k $5.8m $5.8m 0.03% Reduced -2.1k -2,064
88 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 84,61084.6k $5.7m $5.7m 0.01% Reduced -5.1k -5,075
89 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 84,22184.2k $5.6m $5.6m 0.00% Added +48.2k +48,203
90 Forest Hill Capital, LLC 2.83% of their portfolio LITTLE ROCK, AR 81,40481.4k $5.5m $5.5m 2.83% Reduced -5.0k -5,000
91 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 81,13781.1k $5.4m $5.4m 0.01% Added +110 +110
92 DIVERSIFIED TRUST CO 0.20% of their portfolio MEMPHIS, TN 80,58480.6k $5.4m $5.4m 0.20% Added +117 +117
93 CHARTWELL INVESTMENT PARTNERS, LLC 0.21% of their portfolio BERYWN, PA 80,17180.2k $5.4m $5.4m 0.21% Reduced -1.7k -1,724
94 Rafferty Asset Management, LLC 0.03% of their portfolio New York, NY 75,87875.9k $5.1m $5.1m 0.03% Reduced -58.8k -58,844
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 72,84372.8k $4.9m $4.9m 0.00% Reduced -30.6k -30,597
96 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 71,58671.6k $4.8m $4.8m 0.01% Added +15.7k +15,743
97 SALZHAUER MICHAEL 4.98% of their portfolio NEW YORK, NY 68,34768.3k $4.6m $4.6m 4.98% Reduced -2.7k -2,675
98 TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio AUSTIN, TX 65,16265.2k $4.4m $4.4m 0.04% Reduced -2.4k -2,380
99 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 65,03065.0k $4.4m $4.4m 0.02% Added +3.6k +3,563
100 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 64,67264.7k $4.3m $4.3m 0.01% Added +34.4k +34,376