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Photronics

150 hedge funds and large institutions have $581M 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.

New
Increased
Maintained
Reduced
Closed

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: 154150 (-4)

8% less capital invested

Capital invested by funds: $630M → $581M (-$49.2M)

Holders
150
Holders Change
-4
Holders Change %
-2.6%
% of All Funds
3.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
60
Reduced
36
Closed
23
Calls
$256K
Puts
$118K
Net Calls
+$138K
Net Calls Change
-$76K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$50.4M -$759K -85,501 -1%
Franklin Resources
2
Franklin Resources
California
$42.9M
DSC
3
Donald Smith & Co
New York
$42.1M -$4.58M -515,291 -10%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$40.5M -$1.48M -166,725 -4%
BlackRock
5
BlackRock
New York
$39.6M +$1.47M +165,977 +4%
Vanguard Group
6
Vanguard Group
Pennsylvania
$27.3M +$1.22M +137,767 +5%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$19.4M +$1.8M +203,240 +10%
Renaissance Technologies
8
Renaissance Technologies
New York
$18.4M +$514K +57,900 +3%
Northern Trust
9
Northern Trust
Illinois
$16.6M +$2.09M +235,646 +14%
AllianceBernstein
10
AllianceBernstein
Tennessee
$13.6M -$5.27M -594,028 -28%
State Street
11
State Street
Massachusetts
$12.9M +$325K +36,618 +3%
WCM
12
Wedge Capital Management
North Carolina
$12.8M +$12.6M +1,414,552 +4,704%
VOYA Investment Management
13
VOYA Investment Management
Georgia
$12.6M +$265K +29,815 +2%
PP
14
Prudential plc
United Kingdom
$11.2M +$11.3M +1,267,600 New
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$10.5M +$1.09M +122,598 +12%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$10.4M -$145K -16,336 -1%
RA
17
Royce & Associates
New York
$9.43M +$523K +58,877 +6%
AQR Capital Management
18
AQR Capital Management
Connecticut
$9.37M +$1.18M +132,509 +14%
LSV Asset Management
19
LSV Asset Management
Illinois
$8.51M -$482K -54,300 -5%
Norges Bank
20
Norges Bank
Norway
$7.53M
Goldman Sachs
21
Goldman Sachs
New York
$7.47M +$1.19M +134,500 +19%
Millennium Management
22
Millennium Management
New York
$7.07M +$6.87M +773,453 +3,106%
NI
23
Numeric Investors
Massachusetts
$6.76M +$336K +37,800 +5%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$6.58M +$212K +23,908 +3%
DADC
25
D.A. Davidson & Co
Montana
$5.86M +$2.3M +258,536 +64%

PLAB Hedge Fund Activity: Q3 2017 in Review

150 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q3 2017, worth a combined $581M — down 7.8% 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 $581M of Photronics stock for Q3 2017, down 7.8% 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.