Photronics
PLAB
194 hedge funds and large institutions have $578M invested in Photronics in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 72 increasing their positions, 73 reducing their positions, and 27 closing their positions.
1% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 73
3.82% less ownership
Funds ownership: 92.72% → 88.9% (-3.8%)
4% less funds holding
Funds holding: 203 → 194 (-9)
15% less capital invested
Capital invested by funds: $677M → $578M (-$99M)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
46% less call options, than puts
Call options by funds: $463K | Put options by funds: $863K
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$4.22M |
| 2 |
NIM
Needham Investment Management
New York
|
+$4.15M |
| 3 |
BlackRock
New York
|
+$3.6M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.11M |
| 5 |
Millennium Management
New York
|
+$3.01M |
Top Sellers
PLAB Hedge Fund Activity: Q3 2020 in Review
194 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Photronics (PLAB) for Q3 2020, worth a combined $578M — down 15% from $677M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PLAB and 19 opened new positions — a net loss of 8 holders — while 73 trimmed existing stakes and 72 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $4.22M. The largest seller was Yost Capital Management, exiting entirely with an estimated $12M sold.
- 194 institutional investors held Photronics (PLAB) as of Q3 2020, down from 203 in Q2 2020.
- Funds reported $578M of Photronics stock for Q3 2020, down 15% quarter-over-quarter.
- 19 funds opened new Photronics positions in Q3 2020 and 27 closed out, a net change of -8 holders.
- The largest Photronics buyer in Q3 2020 was Hotchkis & Wiley Capital Management, an estimated $4.22M added.
- The largest Photronics seller in Q3 2020 was Yost Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2020.