Photronics
PLAB
184 hedge funds and large institutions have $702M invested in Photronics in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 72 increasing their positions, 60 reducing their positions, and 24 closing their positions.
154% more call options, than puts
Call options by funds: $595K | Put options by funds: $234K
20% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 60
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 183 → 184 (+1)
22% less capital invested
Capital invested by funds: $898M → $702M (-$196M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$15.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.96M |
| 3 |
Goldman Sachs
New York
|
+$5.65M |
| 4 |
Bank of New York Mellon
New York
|
+$3.77M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$21.7M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$19.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.27M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
201
Petrus Trust Company
Dallas,
Texas
| – | -$140K | -11,248 | Closed |
|
202
Walleye Trading
New York
| – | -$48.5K | -4,489 | Closed |
|
|
ASN
203
Advisory Services Network
Atlanta,
Georgia
| – | -$8K | -606 | Closed |
|
204
US Bancorp
Minneapolis,
Minnesota
| – | -$7K | -539 | Closed |
|
|
PFBT
205
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -80 | Closed |
|
206
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -47 | Closed |
|
PLAB Hedge Fund Activity: Q1 2016 in Review
184 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q1 2016, worth a combined $702M — down 22% from $898M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PLAB positions and 24 closed out — a net gain of 3 holders — while 72 added to existing stakes and 60 trimmed.
The largest buyer was Franklin Resources, adding an estimated $15.9M. The largest seller was Victory Capital Management, cutting an estimated $21.7M.
- 184 institutional investors held Photronics (PLAB) as of Q1 2016, up from 183 in Q4 2015.
- Funds reported $702M of Photronics stock for Q1 2016, down 22% quarter-over-quarter.
- 27 funds opened new Photronics positions in Q1 2016 and 24 closed out, a net change of +3 holders.
- The largest Photronics buyer in Q1 2016 was Franklin Resources, an estimated $15.9M added.
- The largest Photronics seller in Q1 2016 was Victory Capital Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q1 2016.