Vault-13

PINNACLE FINL PARTNERS INC

COM · Common Stock · CUSIP 72346Q104

420 institutional holders +27 vs Q3 2023
68,772,79468.8m shares reported held*
$6.0bnreported value*
56 new 140 added 147 reduced 31 sold out net bought ≈ $333.5m (+3.9m 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 ($23.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.22. Options: 7 managers hold calls ($14.5m notional), 2 hold puts ($26.2k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 392Q4 22: 421Q1 23: 400Q2 23: 390Q3 23: 393Q4 23: 420420Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022392
Q4 2022421
Q1 2023400
Q2 2023390
Q3 2023393
Q4 2023420

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 23Q4 23: 196 bought or addedQ4 23: 178 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022200177
Q1 2023209204
Q2 2023194187
Q3 2023162195
Q4 2023196178

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ1 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 0.51Q4 23 calls: $14.5mQ4 23 puts: $26.2kQ4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$2.3m$3.1m1.38
Q2 2023$9.1m$4.4m0.48
Q3 2023$11.2m$5.8m0.51
Q4 2023$14.5m$26.2k0.00

Biggest buyers

JPMORGAN CHASE & CO Added +751,276+751.3k
North Reef Capital Management LP Added +729,892+729.9k
MORGAN STANLEY Added +714,292+714.3k
Invesco Ltd. Added +549,469+549.5k
PRINCIPAL FINANCIAL GROUP INC Added +525,101+525.1k
FMR LLC Added +381,897+381.9k
DIMENSIONAL FUND ADVISORS LP Added +334,502+334.5k
Holocene Advisors, LP Added +217,963+218.0k
NEUBERGER BERMAN GROUP LLC Added +158,075+158.1k
STATE STREET CORP Added +154,832+154.8k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -438,854-438.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -215,573-215.6k
JENNISON ASSOCIATES LLC Reduced -198,324-198.3k
Azora Capital LP Sold out -146,246-146.2k
Channing Capital Management, LLC Reduced -127,628-127.6k
Mesirow Institutional Investment Management, Inc. Reduced -127,527-127.5k
FIRST TRUST ADVISORS LP Reduced -116,405-116.4k
RENAISSANCE TECHNOLOGIES LLC Sold out -64,672-64.7k
PRIVATE MANAGEMENT GROUP INC Reduced -63,950-64.0k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -55,612-55.6k

Biggest calls

SIMPLEX TRADING, LLC Added $5.5m62.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.9m56.4k shares
CITADEL ADVISORS LLC Added $1.5m16.9k shares
WOLVERINE TRADING, LLC Added $1.1m12.3k shares
JANE STREET GROUP, LLC Added $924.5k10.6k shares
GROUP ONE TRADING LLC Added $601.8k6.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $26.2k300 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 7,161,1757.2m $624.6m $624.6m 0.01% Added +63.5k +63,477
2 BlackRock Inc. 0.02% of their portfolio New York, NY 6,860,9456.9m $598.4m $598.4m 0.02% Reduced -10.9k -10,905
3 T. Rowe Price Investment Management, Inc. 0.25% of their portfolio BALTIMORE, MD 4,366,6394.4m $380.9m $380.9m 0.25% Added +104.0k +103,991
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,224,9223.2m $281.3m $281.3m 0.01% Added +154.8k +154,832
5 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 3,009,3413.0m $262.5m $262.5m 0.06% Added +549.5k +549,469
6 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 2,647,8812.6m $231.0m $231.0m 0.07% Added +334.5k +334,502
7 FMR LLC 0.02% of their portfolio BOSTON, MA 2,466,0382.5m $215.1m $215.1m 0.02% Added +381.9k +381,897
8 WASATCH ADVISORS LP 1.13% of their portfolio SALT LAKE CITY, UT 2,355,7232.4m $205.5m $205.5m 1.13% Added +128.2k +128,195
9 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 1,654,8681.7m $144.3m $144.3m 0.03% Reduced -215.6k -215,573
10 North Reef Capital Management LP 8.33% of their portfolio LAGUNA BEACH, CA 1,640,0001.6m $143.0m $143.0m 8.33% Added +729.9k +729,892
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,469,5441.5m $128.2m $128.2m 0.01% Added +751.3k +751,276
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,373,9941.4m $119.8m $119.8m 0.01% Added +714.3k +714,292
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,242,2751.2m $108.4m $108.4m 0.01% Added +31.8k +31,768
14 Fenimore Asset Management Inc 2.17% of their portfolio Cobleskill, NY 1,072,5511.1m $93.5m $93.5m 2.17% Reduced -16.5k -16,515
15 JENNISON ASSOCIATES LLC 0.07% of their portfolio NEW YORK, NY 1,071,1791.1m $93.4m $93.4m 0.07% Reduced -198.3k -198,324
16 NORGES BANK 0.01% of their portfolio OSLO, Q8 956,900956.9k $83.5m $83.5m 0.01% Added +120.6k +120,646
17 BloombergSen Inc. 6.67% of their portfolio TORONTO, A6 948,405948.4k $82.7m $82.7m 6.67% Reduced -17.9k -17,890
18 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 919,570919.6k $80.2m $80.2m 0.02% Reduced -30.0k -29,965
19 GW&K Investment Management, LLC 0.73% of their portfolio BOSTON, MA 903,628903.6k $78.8m $78.8m 0.73% Reduced -30.6k -30,582
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 900,251900.3k $78.5m $78.5m 0.05% Added +15.2k +15,203
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 876,314876.3k $76.4m $76.4m 0.02% Added +33.4k +33,355
22 PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio DES MOINES, IA 808,135808.1k $70.5m $70.5m 0.04% Added +525.1k +525,101
23 Pinnacle Financial Partners Inc 1.65% of their portfolio Nashville, TN 798,309798.3k $69.6m $69.6m 1.65% Reduced -19.9k -19,891
24 Channing Capital Management, LLC 1.97% of their portfolio Chicago, IL 766,887766.9k $66.9m $66.9m 1.97% Reduced -127.6k -127,628
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 750,604750.6k $65.5m $65.5m 0.01% Reduced -8.7k -8,677
26 Holocene Advisors, LP 0.23% of their portfolio New York, NY 658,515658.5k $57.4m $57.4m 0.23% Added +218.0k +217,963
27 EARNEST PARTNERS LLC 0.28% of their portfolio ATLANTA, GA 635,769635.8k $55.5m $55.5m 0.28% Added +1.7k +1,660
28 NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio ALBANY, NY 595,168595.2k $51.9m $51.9m 0.07% Added +7.2k +7,178
29 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 586,190586.2k $51.1m $51.1m 0.01% Reduced -52.7k -52,671
30 Artemis Investment Management LLP 0.66% of their portfolio EDINBURGH, X0 513,899513.9k $44.8m $44.8m 0.66% Added +74.5k +74,526
31 FRONTIER CAPITAL MANAGEMENT CO LLC 0.40% of their portfolio Boston, MA 458,956459.0k $40.0m $40.0m 0.40% Added +12.4k +12,370
32 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio CHICAGO, IL 442,667442.7k $38.6m $38.6m 0.11% Reduced -7.1k -7,088
33 DEPRINCE RACE & ZOLLO INC 0.83% of their portfolio Winter Park, FL 421,693421.7k $36.8m $36.8m 0.83% Added +55.9k +55,850
34 PRIVATE MANAGEMENT GROUP INC 1.33% of their portfolio IRVINE, CA 397,269397.3k $34.6m $34.6m 1.33% Reduced -64.0k -63,950
35 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 378,292378.3k $33.0m $33.0m 0.02% Reduced -45.2k -45,239
36 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 377,900377.9k $33.0m $33.0m 0.01% Reduced -35.9k -35,857
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 355,663355.7k $31.0m $31.0m 0.00% Added +71.7k +71,700
38 Leeward Investments, LLC - MA 1.43% of their portfolio BOSTON, MA 347,976348.0k $30.4m $30.4m 1.43% Reduced -4.7k -4,661
39 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 281,232281.2k $24.5m $24.5m 0.01% Added +6.1k +6,103
40 Retirement Systems of Alabama 0.10% of their portfolio MONTGOMERY, AL 268,455268.5k $23.4m $23.4m 0.10% Added +314 +314
41 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 257,566257.6k $22.5m $22.5m 0.01% Added +6.0k +5,968
42 Swedbank AB 0.04% of their portfolio STOCKHOLM, V7 250,000250.0k $21.8m $21.8m 0.04% Unchanged
43 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 246,010246.0k $21.5m $21.5m 0.03% Reduced -11.7k -11,702
44 Allspring Global Investments Holdings, LLC 0.03% of their portfolio CHARLOTTE, NC 238,626238.6k $20.8m $20.8m 0.03% Added +57.2k +57,187
45 12th Street Asset Management Company, LLC 3.85% of their portfolio Nashville, TN 234,504234.5k $20.5m $20.5m 3.85% Added +10.3k +10,318
46 Penn Capital Management Company, LLC 1.87% of their portfolio PHILADELPHIA, PA 233,434233.4k $20.4m $20.4m 1.87% Added +64.5k +64,467
47 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 227,168227.2k $19.8m $19.8m 0.02% Reduced -10.2k -10,191
48 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 208,422208.4k $18.2m $18.2m 0.02% Reduced -116.4k -116,405
49 STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio MADISON, WI 195,447195.4k $17.0m $17.0m 0.05% Reduced -1.5k -1,529
50 Ceredex Value Advisors LLC 0.29% of their portfolio WINTER PARK, FL 192,200192.2k $16.8m $16.8m 0.29% Reduced -43.7k -43,700
51 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 190,669190.7k $16.6m $16.6m 0.03% Reduced -27.8k -27,838
52 LEE DANNER & BASS INC 1.42% of their portfolio NASHVILLE, TN 190,526190.5k $16.6m $16.6m 1.42% Reduced -8.2k -8,156
53 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 189,327189.3k $16.5m $16.5m 0.02% Added +19.5k +19,484
54 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 186,621186.6k $16.3m $16.3m 0.01% Added +710 +710
55 WEDGE CAPITAL MANAGEMENT L L P/NC 0.29% of their portfolio CHARLOTTE, NC 183,924183.9k $16.0m $16.0m 0.29% Reduced -14.8k -14,833
56 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 172,703172.7k $15.1m $15.1m 0.02% Reduced -7.1k -7,131
57 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 172,021172.0k $15.0m $15.0m 0.02% Added +17.2k +17,250
58 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 169,179169.2k $14.8m $14.8m 0.01% Added +158.1k +158,075
59 THORNBURG INVESTMENT MANAGEMENT INC 0.20% of their portfolio SANTA FE, NM 160,429160.4k $14.0m $14.0m 0.20% Added +7.0k +6,993
60 Swiss National Bank 0.01% of their portfolio ZURICH, V8 151,261151.3k $13.2m $13.2m 0.01% Reduced -17.4k -17,400
61 KENNEDY CAPITAL MANAGEMENT LLC 0.28% of their portfolio ST LOUIS, MO 147,819147.8k $12.9m $12.9m 0.28% Reduced -13.6k -13,595
62 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.06% of their portfolio DENVER, CO 146,009146.0k $12.7m $12.7m 0.06% Reduced -1.5k -1,528
63 BARLOW WEALTH PARTNERS, LLC 1.78% of their portfolio LOUISVILLE, KY 143,720143.7k $12.5m $12.5m 1.78% First filing
64 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 143,494143.5k $12.5m $12.5m 0.01% Reduced -11.1k -11,122
65 COMERICA BANK 0.06% of their portfolio DALLAS, TX 141,593141.6k $12.3m $12.3m 0.06% Reduced -4.8k -4,843
66 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 132,705132.7k $11.6m $11.6m 0.01% Reduced -10.6k -10,588
67 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio COLUMBUS, OH 130,858130.9k $11.4m $11.4m 0.05% Added +3.2k +3,197
68 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,903128.9k $11.2m $11.2m 0.00% Reduced -5.0k -4,989
69 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 126,098126.1k $11.0m $11.0m 0.02% Added +24.4k +24,405
70 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 122,860122.9k $10.7m $10.7m 0.03% Reduced -18 -18
71 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 122,256122.3k $10.7m $10.7m 0.02% Unchanged
72 LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio LOS ANGELES, CA 120,673120.7k $10.5m $10.5m 0.04% Added +850 +850
73 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 119,869119.9k $10.5m $10.5m 0.00% Added +17.8k +17,831
74 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 116,404116.4k $10.2m $10.2m 0.01% Added +2.7k +2,684
75 Legal & General Group Plc 0.00% of their portfolio London, X0 115,585115.6k $10.1m $10.1m 0.00% Reduced -1.3k -1,317
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 112,639112.6k $9.8m $9.8m 0.00% Added +671 +671
77 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 111,948111.9k $9.8m $9.8m 0.00% Added +13.0k +13,027
78 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 111,012111.0k $9.7m $9.7m 0.04% Added +35.1k +35,134
79 CHARTWELL INVESTMENT PARTNERS, LLC 0.34% of their portfolio BERYWN, PA 109,767109.8k $9.6m $9.6m 0.34% Added +29.6k +29,596
80 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 108,385108.4k $9.5m $9.5m 0.03% Added +12.7k +12,679
81 PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio MINNEAPOLIS, MN 106,574106.6k $9.3m $9.3m 0.28% Reduced -52.3k -52,326
82 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 104,490104.5k $9.1m $9.1m 0.02% Added +14.4k +14,381
83 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 103,690103.7k $9.0m $9.0m 0.04% Reduced -4.4k -4,442
84 OPPENHEIMER ASSET MANAGEMENT INC. 0.13% of their portfolio NEW YORK, NY 103,110103.1k $9.0m $9.0m 0.13% Added +5.2k +5,173
85 Pier Capital, LLC 1.25% of their portfolio STAMFORD, CT 100,129100.1k $8.7m $8.7m 1.25% New
86 Southeast Asset Advisors, LLC 1.08% of their portfolio THOMASVILLE, GA 93,54293.5k $8.2m $8.2m 1.08% New
87 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 92,71292.7k $8.1m $8.1m 0.02% Added +11.6k +11,575
88 JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio FLORHAM PARK, NJ 91,93991.9k $8.0m $8.0m 0.04% Added +5.7k +5,728
89 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio NEW YORK, NY 90,25690.3k $7.9m $7.9m 0.06% Added +27.1k +27,126
90 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 89,80689.8k $7.8m $7.8m 0.01% Added +5.6k +5,585
91 Lisanti Capital Growth, LLC 1.84% of their portfolio NEW YORK, NY 89,21089.2k $7.8m $7.8m 1.84% New
92 Gator Capital Management, LLC 4.21% of their portfolio TAMPA, FL 87,28087.3k $7.6m $7.6m 4.21% Added +300 +300
93 CAROLINAS WEALTH CONSULTING LLC 1.65% of their portfolio CHARLOTTE, NC 86,82786.8k $7.6m $7.6m 1.65% Reduced -14.9k -14,937
94 DIVERSIFIED TRUST CO 0.25% of their portfolio MEMPHIS, TN 85,10885.1k $7.4m $7.4m 0.25% Added +4.5k +4,524
95 Interval Partners, LP 0.32% of their portfolio NEW YORK, NY 84,42184.4k $7.4m $7.4m 0.32% New
96 WOODMONT INVESTMENT COUNSEL LLC 0.67% of their portfolio NASHVILLE, TN 82,10482.1k $7.2m $7.2m 0.67% Added +19.1k +19,124
97 Phocas Financial Corp. 0.95% of their portfolio ALAMEDA, CA 82,00882.0k $7.2m $7.2m 0.95% Added +33.0k +33,025
98 Forest Hill Capital, LLC 3.71% of their portfolio LITTLE ROCK, AR 81,40481.4k $7.1m $7.1m 3.71% Unchanged
99 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 80,87880.9k $7.1m $7.1m 0.01% Reduced -3.7k -3,732
100 EVENTIDE ASSET MANAGEMENT, LLC 0.12% of their portfolio Boston, MA 80,84180.8k $7.1m $7.1m 0.12% New