PLDT
65 hedge funds and large institutions have $357M invested in PLDT in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 11 closing their positions.
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2.06% less ownership
Funds ownership: 9.13% → 7.07% (-2.1%)
3% less funds holding
Funds holding: 67 → 65 (-2)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
36% less capital invested
Capital invested by funds: $556M → $357M (-$199M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.38M |
| 3 |
Renaissance Technologies
New York
|
+$2.27M |
| 4 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$2.07M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$111M |
| 2 |
Lazard Asset Management
New York
|
-$9.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.96M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$1.29M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.06M |
PHI Hedge Fund Activity: Q2 2018 in Review
65 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PLDT (PHI) for Q2 2018, worth a combined $357M — down 36% from $556M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PHI and 10 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 20 added.
The largest buyer was Credit Suisse, adding an estimated $2.8M. The largest seller was Mondrian Investment Partners, cutting an estimated $111M.
- 65 institutional investors held PLDT (PHI) as of Q2 2018, down from 67 in Q1 2018.
- Funds reported $357M of PLDT stock for Q2 2018, down 36% quarter-over-quarter.
- 10 funds opened new PLDT positions in Q2 2018 and 11 closed out, a net change of -1 holder.
- The largest PLDT buyer in Q2 2018 was Credit Suisse, an estimated $2.8M added.
- The largest PLDT seller in Q2 2018 was Mondrian Investment Partners, an estimated $111M sold.
Based on aggregated 13F filings for Q2 2018.