Photronics
PLAB
150 hedge funds and large institutions have $585M 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.
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: 154 → 150 (-4)
7% less capital invested
Capital invested by funds: $630M → $585M (-$45.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$12.6M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$11.3M |
| 3 |
Millennium Management
New York
|
+$6.87M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$3.48M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$28M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$15.5M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$6.46M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.27M |
| 5 |
DSC
Donald Smith & Co
New York
|
-$4.58M |
PLAB Hedge Fund Activity: Q3 2017 in Review
150 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q3 2017, worth a combined $585M — down 7.2% 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 $585M of Photronics stock for Q3 2017, down 7.2% 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.