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Procter & Gamble

2,421 hedge funds and large institutions have $142B invested in Procter & Gamble in 2018 Q4 according to their latest regulatory filings, with 297 funds opening new positions, 807 increasing their positions, 1,071 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

241% more first-time investments, than exits

New positions opened: 297 | Existing positions closed: 87

113% more funds holding in top 10

Funds holding in top 10: 130277 (+147)

51% more call options, than puts

Call options by funds: $2.13B | Put options by funds: $1.41B

13% more capital invested

Capital invested by funds: $126B → $142B (+$16.7B)

8% more funds holding

Funds holding: 2,2332,421 (+188)

1.95% more ownership

Funds ownership: 60.75%62.7% (+2%)

25% less repeat investments, than reductions

Existing positions increased: 807 | Existing positions reduced: 1,071

Holders
2,421
Holders Change
+188
Holders Change %
+8.42%
% of All Funds
53.94%
Holding in Top 10
277
Holding in Top 10 Change
+147
Holding in Top 10 Change %
+113.08%
% of All Funds
6.17%
New
297
Increased
807
Reduced
1,071
Closed
87
Calls
$2.13B
Puts
$1.41B
Net Calls
+$718M
Net Calls Change
+$453M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$17.9B +$587M +6,566,363 +3%
BlackRock
2
BlackRock
New York
$15.5B +$426M +4,770,076 +3%
State Street
3
State Street
Massachusetts
$10.3B +$56M +626,680 +0.6%
TFM
4
Trian Fund Management
New York
$3.48B +$192K +2,145 +0%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$3.2B +$292M +3,270,666 +10%
Northern Trust
6
Northern Trust
Illinois
$2.98B +$93.9M +1,050,844 +3%
Bank of America
7
Bank of America
North Carolina
$2.87B +$129M +1,443,831 +5%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$2.57B +$793M +8,876,062 +46%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$2.31B +$69.3M +775,146 +3%
Norges Bank
10
Norges Bank
Norway
$2.24B +$16.8M +188,094 +0.8%
Wells Fargo
11
Wells Fargo
California
$1.9B +$48.5M +542,145 +3%
State Farm Mutual Automobile Insurance
12
State Farm Mutual Automobile Insurance
Illinois
$1.89B
Wellington Management Group
13
Wellington Management Group
Massachusetts
$1.56B +$238M +2,659,638 +19%
Morgan Stanley
14
Morgan Stanley
New York
$1.54B -$73.4M -820,530 -5%
JP Morgan Chase
15
JP Morgan Chase
New York
$1.44B +$477M +5,336,047 +52%
Charles Schwab
16
Charles Schwab
California
$1.34B -$25.4M -283,986 -2%
Invesco
17
Invesco
Georgia
$1.27B -$37.2M -416,529 -3%
Capital World Investors
18
Capital World Investors
California
$1.24B -$134M -1,500,071 -10%
Goldman Sachs
19
Goldman Sachs
New York
$1.24B +$15.4M +172,039 +1%
Legal & General Group
20
Legal & General Group
United Kingdom
$1.21B +$56.5M +632,561 +5%
TCIM
21
TIAA CREF Investment Management
New York
$1.18B +$186M +2,084,662 +19%
Franklin Resources
22
Franklin Resources
California
$1.14B -$129M -1,437,842 -10%
CRC
23
Cedar Rock Capital
United Kingdom
$1.14B -$44.2M -494,400 -4%
YAM
24
Yacktman Asset Management
Texas
$1.13B -$288M -3,224,936 -21%
Deutsche Bank
25
Deutsche Bank
Germany
$1.04B +$194M +2,172,111 +24%

PG Hedge Fund Activity: Q4 2018 in Review

2,421 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Procter & Gamble (PG) for Q4 2018, worth a combined $142B — up 13% from $126B a quarter earlier.

Buyers outnumbered sellers: 297 funds opened new PG positions and 87 closed out — a net gain of 210 holders — while 807 added to existing stakes and 1,071 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $793M. The largest seller was Cornerstone Wealth Management, cutting an estimated $840M.

  • 2,421 institutional investors held Procter & Gamble (PG) as of Q4 2018, up from 2,233 in Q3 2018.
  • Funds reported $142B of Procter & Gamble stock for Q4 2018, up 13% quarter-over-quarter.
  • 297 funds opened new Procter & Gamble positions in Q4 2018 and 87 closed out, a net change of +210 holders.
  • The largest Procter & Gamble buyer in Q4 2018 was Fidelity Investments, an estimated $793M added.
  • The largest Procter & Gamble seller in Q4 2018 was Cornerstone Wealth Management, an estimated $840M sold.

Based on aggregated 13F filings for Q4 2018.