PRK ranks #2320 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PRK is a top-conviction position for Park National CORP /oh/ — at 5.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PRK belongs to BlackRock, Inc., but the position matters far more to Park National CORP /oh/, who has 5.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its PRK position for two straight quarters, increasing it by $129.3M to reach $473.8M today.
Barclays PLC has trimmed its PRK position for two straight quarters, cutting it by $3.0M while still holding $1.0M.
PRK is down 2% today, but institutions show net buying of $553.0M this quarter — a divergence between today's price move and the underlying institutional flow.