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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
VRS
101
Virginia Retirement Systems
Virginia
$332K +$52.4K +5,900 +19%
PCM
102
Palouse Capital Management
Washington
$296K +$161K +18,115 +118%
PPCM
103
Pillar Pacific Capital Management
California
$293K
MHS
104
M Holdings Securities
Oregon
$237K -$2.41K -271 -1%
Jacobs Levy Equity Management
105
Jacobs Levy Equity Management
New Jersey
$234K +$234K +26,400 New
Citigroup
106
Citigroup
New York
$224K +$93.1K +10,488 +71%
CCM
107
Catawba Capital Management
Virginia
$214K -$21.3K -2,400 -9%
UBS AM
108
UBS AM
Illinois
$208K
Hotchkis & Wiley Capital Management
109
Hotchkis & Wiley Capital Management
California
$197K +$197K +22,236 New
PCM
110
Prelude Capital Management
New York
$196K +$194K +21,900 +10,950%
PNC Financial Services Group
111
PNC Financial Services Group
Pennsylvania
$178K -$194K -21,834 -52%
Public Employees Retirement Association of Colorado
112
Public Employees Retirement Association of Colorado
Colorado
$173K -$10.8K -1,217 -6%
Legal & General Group
113
Legal & General Group
United Kingdom
$158K +$15.6K +1,761 +11%
HCM
114
Highbridge Capital Management
New York
$154K +$155K +17,400 New
ST
115
Smithfield Trust
Pennsylvania
$152K
Squarepoint
116
Squarepoint
New York
$144K +$145K +16,297 New
Victory Capital Management
117
Victory Capital Management
Texas
$142K -$15.5M -1,749,998 -99%
Ohio Public Employees Retirement System (OPERS)
118
Ohio Public Employees Retirement System (OPERS)
Ohio
$139K +$5.83K +656 +4%
TRCT
119
Tower Research Capital (TRC)
New York
$135K +$135K +15,258 New
Commonwealth Equity Services
120
Commonwealth Equity Services
Massachusetts
$132K
VF
121
Virtu Financial
New York
$132K +$132K +14,870 New
PP
122
Paloma Partners
Connecticut
$131K +$131K +14,800 New
BFM
123
Boothbay Fund Management
New York
$129K -$235K -26,521 -65%
Neuberger Berman Group
124
Neuberger Berman Group
New York
$124K +$1.15K +130 +0.9%
Wolverine Trading
125
Wolverine Trading
Illinois
$117K +$117K +13,224 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.