Procter & Gamble
2,063 hedge funds and large institutions have $130B invested in Procter & Gamble in 2016 Q4 according to their latest regulatory filings, with 195 funds opening new positions, 767 increasing their positions, 919 reducing their positions, and 99 closing their positions.
97% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 99
3% more funds holding
Funds holding: 2,002 → 2,063 (+61)
11.77% less ownership
Funds ownership: 69.58% → 57.81% (-12%)
17% less repeat investments, than reductions
Existing positions increased: 767 | Existing positions reduced: 919
22% less capital invested
Capital invested by funds: $167B → $130B (-$36.5B)
33% less call options, than puts
Call options by funds: $1.62B | Put options by funds: $2.43B
34% less funds holding in top 10
Funds holding in top 10: 397 → 262 (-135)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
+$547M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$379M |
| 3 |
Morgan Stanley
New York
|
+$358M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$341M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$310M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.19B |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.97B |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$1.72B |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.22B |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$1.16B |
PG Hedge Fund Activity: Q4 2016 in Review
2,063 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Procter & Gamble (PG) for Q4 2016, worth a combined $130B — down 22% from $167B a quarter earlier.
Buyers outnumbered sellers: 195 funds opened new PG positions and 99 closed out — a net gain of 96 holders — while 767 added to existing stakes and 919 trimmed.
The largest buyer was Trian Fund Management, opening a new position worth an estimated $547M. The largest seller was Millennium Management, exiting entirely with an estimated $6.19B sold.
- 2,063 institutional investors held Procter & Gamble (PG) as of Q4 2016, up from 2,002 in Q3 2016.
- Funds reported $130B of Procter & Gamble stock for Q4 2016, down 22% quarter-over-quarter.
- 195 funds opened new Procter & Gamble positions in Q4 2016 and 99 closed out, a net change of +96 holders.
- The largest Procter & Gamble buyer in Q4 2016 was Trian Fund Management, an estimated $547M added.
- The largest Procter & Gamble seller in Q4 2016 was Millennium Management, an estimated $6.19B sold.
Based on aggregated 13F filings for Q4 2016.