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Photronics

150 hedge funds and large institutions have $581M invested in Photronics in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 36 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $256K | Put options by funds: $118K

67% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 36

9% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 23

1.46% less ownership

Funds ownership: 97.35%95.89% (-1.5%)

3% less funds holding

Funds holding: 154150 (-4)

8% less capital invested

Capital invested by funds: $630M → $581M (-$49.2M)

Holders
150
Holders Change
-4
Holders Change %
-2.6%
% of All Funds
3.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
60
Reduced
36
Closed
23
Calls
$256K
Puts
$118K
Net Calls
+$138K
Net Calls Change
-$76K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
76
Guggenheim Capital
Illinois
$745K -$1.97M -222,249 -73%
CS
77
Credit Suisse
Switzerland
$733K +$345K +38,857 +89%
Ameriprise
78
Ameriprise
Minnesota
$720K -$165K -18,638 -19%
Russell Investments Group
79
Russell Investments Group
United Kingdom
$713K -$1.34M -150,877 -65%
Wells Fargo
80
Wells Fargo
California
$646K +$221K +24,928 +52%
SFM
81
Soros Fund Management
New York
$629K +$631K +71,100 New
GCP
82
GSA Capital Partners
United Kingdom
$625K +$373K +41,986 +147%
ADEF
83
Adams Diversified Equity Fund
Maryland
$614K +$150K +16,900 +32%
State Board of Administration of Florida Retirement System
84
State Board of Administration of Florida Retirement System
Florida
$591K
MERSOM
85
Municipal Employees' Retirement System of Michigan
Michigan
$557K
NAM
86
NorthCoast Asset Management
Connecticut
$547K -$40.9K -4,602 -7%
Tudor Investment Corp
87
Tudor Investment Corp
Connecticut
$545K +$198K +22,308 +57%
TI
88
Trexquant Investment
Connecticut
$537K +$322K +36,244 +149%
SCM
89
Sterling Capital Management
North Carolina
$535K
Axa
90
Axa
France
$535K +$81.7K +9,200 +18%
NSEDCP
91
NJ State Employees Deferred Compensation Plan
New Jersey
$531K +$533K +60,000 New
EGM
92
Engineers Gate Manager
New York
$493K +$249K +28,057 +102%
Balyasny Asset Management
93
Balyasny Asset Management
Illinois
$491K +$492K +55,450 New
Manulife (Manufacturers Life Insurance)
94
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$460K -$1.78K -201 -0.4%
T. Rowe Price Associates
95
T. Rowe Price Associates
Maryland
$438K
AP
96
AHL Partners
United Kingdom
$411K +$144K +16,232 +54%
Royal Bank of Canada
97
Royal Bank of Canada
Ontario, Canada
$397K -$134K -15,138 -25%
AIG
98
American International Group
New York
$397K +$29.8K +3,352 +8%
MLICM
99
Metropolitan Life Insurance Company (MetLife)
New York
$394K -$551 -62 -0.1%
AGM
100
Alpine Global Management
New York
$336K +$337K +38,000 New

PLAB Hedge Fund Activity: Q3 2017 in Review

150 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q3 2017, worth a combined $581M — down 7.8% from $630M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PLAB and 21 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 60 added.

The largest buyer was Wedge Capital Management, adding an estimated $12.6M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $28M sold.

  • 150 institutional investors held Photronics (PLAB) as of Q3 2017, down from 154 in Q2 2017.
  • Funds reported $581M of Photronics stock for Q3 2017, down 7.8% quarter-over-quarter.
  • 21 funds opened new Photronics positions in Q3 2017 and 23 closed out, a net change of -2 holders.
  • The largest Photronics buyer in Q3 2017 was Wedge Capital Management, an estimated $12.6M added.
  • The largest Photronics seller in Q3 2017 was Waddell & Reed Financial, an estimated $28M sold.

Based on aggregated 13F filings for Q3 2017.