Photronics
PLAB
192 hedge funds and large institutions have $618M invested in Photronics in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 65 reducing their positions, and 20 closing their positions.
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
5% more funds holding
Funds holding: 182 → 192 (+10)
2% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 65
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.39% less ownership
Funds ownership: 95.63% → 95.24% (-0.39%)
4% less capital invested
Capital invested by funds: $644M → $618M (-$26.2M)
72% less call options, than puts
Call options by funds: $42K | Put options by funds: $151K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$4.17M |
| 2 |
Morgan Stanley
New York
|
+$2.81M |
| 3 |
BlackRock
New York
|
+$2.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.34M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$6.37M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$5.93M |
| 3 |
Millennium Management
New York
|
-$5.3M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$4.76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
201
Profund Advisors
Bethesda,
Maryland
| – | -$114K | -11,621 | Closed |
|
202
ProShare Advisors
Bethesda,
Maryland
| – | -$99K | -10,034 | Closed |
|
|
HDIM
203
Hanson & Doremus Investment Management
Burlington,
Vermont
| – | -$20K | -2,000 | Closed |
|
204
Group One Trading
Chicago,
Illinois
| – | -$5K | -477 | Closed |
|
|
QT
205
Quantbot Technologies
New York
| – | -$2K | -300 | Closed |
|
|
SWP
206
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -118 | Closed |
|
|
NFG
207
Next Financial Group
Houston,
Texas
| – | +$115 | +12 | New |
|
|
QCG
208
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$779 | +81 | New |
|
PLAB Hedge Fund Activity: Q4 2018 in Review
192 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q4 2018, worth a combined $618M — down 4.1% from $644M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PLAB positions and 20 closed out — a net gain of 11 holders — while 66 added to existing stakes and 65 trimmed.
The largest buyer was Divisar Capital Management, adding an estimated $4.17M. The largest seller was Donald Smith & Co, cutting an estimated $6.37M.
- 192 institutional investors held Photronics (PLAB) as of Q4 2018, up from 182 in Q3 2018.
- Funds reported $618M of Photronics stock for Q4 2018, down 4.1% quarter-over-quarter.
- 31 funds opened new Photronics positions in Q4 2018 and 20 closed out, a net change of +11 holders.
- The largest Photronics buyer in Q4 2018 was Divisar Capital Management, an estimated $4.17M added.
- The largest Photronics seller in Q4 2018 was Donald Smith & Co, an estimated $6.37M sold.
Based on aggregated 13F filings for Q4 2018.