Photronics
PLAB
187 hedge funds and large institutions have $607M invested in Photronics in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 64 reducing their positions, and 35 closing their positions.
0.6% more ownership
Funds ownership: 95.24% → 95.84% (+0.6%)
2% less capital invested
Capital invested by funds: $618M → $607M (-$10.6M)
6% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 64
3% less funds holding
Funds holding: 192 → 187 (-5)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
32% less call options, than puts
Call options by funds: $174K | Put options by funds: $255K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$11.8M |
| 2 |
Renaissance Technologies
New York
|
+$7.14M |
| 3 |
Bank of New York Mellon
New York
|
+$5.51M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.55M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$12.8M |
| 2 |
Morgan Stanley
New York
|
-$7.33M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.6M |
| 4 |
Millennium Management
New York
|
-$3.49M |
| 5 |
Two Sigma Investments
New York
|
-$3.37M |
PLAB Hedge Fund Activity: Q1 2019 in Review
187 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q1 2019, worth a combined $607M — down 1.7% from $618M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PLAB and 30 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 60 added.
The largest buyer was AEGON Asset Management (UK), opening a new position worth an estimated $11.8M. The largest seller was Donald Smith & Co, cutting an estimated $12.8M.
- 187 institutional investors held Photronics (PLAB) as of Q1 2019, down from 192 in Q4 2018.
- Funds reported $607M of Photronics stock for Q1 2019, down 1.7% quarter-over-quarter.
- 30 funds opened new Photronics positions in Q1 2019 and 35 closed out, a net change of -5 holders.
- The largest Photronics buyer in Q1 2019 was AEGON Asset Management (UK), an estimated $11.8M added.
- The largest Photronics seller in Q1 2019 was Donald Smith & Co, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2019.