Photronics
PLAB
136 hedge funds and large institutions have $550M invested in Photronics in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 14 closing their positions.
4% more capital invested
Capital invested by funds: $529M → $550M (+$21M)
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
5% less funds holding
Funds holding: 143 → 136 (-7)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less call options, than puts
Call options by funds: $20K | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$26.1M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$6.91M |
| 3 |
TA
Teachers Advisors
New York
|
+$4.24M |
| 4 |
RA
Royce & Associates
New York
|
+$4.01M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.68M |
| 2 |
Bank of New York Mellon
New York
|
-$4.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.92M |
| 4 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$2.66M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$1.28M |
PLAB Hedge Fund Activity: Q4 2014 in Review
136 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q4 2014, worth a combined $550M — up 4% from $529M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PLAB and 10 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 48 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $26.1M. The largest seller was Putnam Investments, cutting an estimated $5.68M.
- 136 institutional investors held Photronics (PLAB) as of Q4 2014, down from 143 in Q3 2014.
- Funds reported $550M of Photronics stock for Q4 2014, up 4% quarter-over-quarter.
- 10 funds opened new Photronics positions in Q4 2014 and 14 closed out, a net change of -4 holders.
- The largest Photronics buyer in Q4 2014 was Victory Capital Management, an estimated $26.1M added.
- The largest Photronics seller in Q4 2014 was Putnam Investments, an estimated $5.68M sold.
Based on aggregated 13F filings for Q4 2014.