Children's Place
PLCE
95 hedge funds and large institutions have $147M invested in Children's Place in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 40 reducing their positions, and 57 closing their positions.
12.79% more ownership
Funds ownership: 88.72% → 101.51% (+13%)
28% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 40
32% less funds holding
Funds holding: 140 → 95 (-45)
42% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $28.9M
43% less capital invested
Capital invested by funds: $257M → $147M (-$111M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
74% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 57
Top Buyers
| 1 |
MCS
Mithaq Capital SPC
Al Malqa, Riyadh,
Saudi Arabia
|
+$126M |
| 2 |
Renaissance Technologies
New York
|
+$1.9M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.89M |
| 4 |
JP Morgan Chase
New York
|
+$1.5M |
| 5 |
CC
Centiva Capital
New York
|
+$1.15M |
Top Sellers
| 1 |
Neuberger Berman Group
New York
|
-$15.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$9.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$9.35M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$7.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.21M |
PLCE Hedge Fund Activity: Q1 2024 in Review
95 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Children's Place (PLCE) for Q1 2024, worth a combined $147M — down 43% from $257M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of PLCE and 15 opened new positions — a net loss of 42 holders — while 40 trimmed existing stakes and 29 added.
The largest buyer was Mithaq Capital SPC, adding an estimated $126M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $15.3M sold.
- 95 institutional investors held Children's Place (PLCE) as of Q1 2024, down from 140 in Q4 2023.
- Funds reported $147M of Children's Place stock for Q1 2024, down 43% quarter-over-quarter.
- 15 funds opened new Children's Place positions in Q1 2024 and 57 closed out, a net change of -42 holders.
- The largest Children's Place buyer in Q1 2024 was Mithaq Capital SPC, an estimated $126M added.
- The largest Children's Place seller in Q1 2024 was Neuberger Berman Group, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2024.