Photronics
PLAB
154 hedge funds and large institutions have $630M invested in Photronics in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 55 increasing their positions, 54 reducing their positions, and 19 closing their positions.
124% more call options, than puts
Call options by funds: $386K | Put options by funds: $172K
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
1% less funds holding
Funds holding: 155 → 154 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
1.68% less ownership
Funds ownership: 99.03% → 97.35% (-1.7%)
13% less capital invested
Capital invested by funds: $728M → $630M (-$98.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$17.6M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$8.83M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.38M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$4.12M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$17.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$11M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.32M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$5.31M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$5.2M |
PLAB Hedge Fund Activity: Q2 2017 in Review
154 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q2 2017, worth a combined $630M — down 13% from $728M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PLAB and 18 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 55 added.
The largest buyer was Victory Capital Management, adding an estimated $17.6M. The largest seller was Waddell & Reed Financial, cutting an estimated $17.4M.
- 154 institutional investors held Photronics (PLAB) as of Q2 2017, down from 155 in Q1 2017.
- Funds reported $630M of Photronics stock for Q2 2017, down 13% quarter-over-quarter.
- 18 funds opened new Photronics positions in Q2 2017 and 19 closed out, a net change of -1 holder.
- The largest Photronics buyer in Q2 2017 was Victory Capital Management, an estimated $17.6M added.
- The largest Photronics seller in Q2 2017 was Waddell & Reed Financial, an estimated $17.4M sold.
Based on aggregated 13F filings for Q2 2017.