Children's Place
PLCE
140 hedge funds and large institutions have $257M invested in Children's Place in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 43 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 43
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
1% more funds holding
Funds holding: 139 → 140 (+1)
3.92% less ownership
Funds ownership: 92.64% → 88.72% (-3.9%)
18% less capital invested
Capital invested by funds: $312M → $257M (-$55.4M)
35% less call options, than puts
Call options by funds: $29.9M | Put options by funds: $46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCS
Mithaq Capital SPC
Al Malqa, Riyadh,
Saudi Arabia
|
+$8.38M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$7.39M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.7M |
| 4 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$6.03M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$30.9M |
| 2 |
Millennium Management
New York
|
-$6.86M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$4.93M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.44M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.17M |
PLCE Hedge Fund Activity: Q4 2023 in Review
140 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Children's Place (PLCE) for Q4 2023, worth a combined $257M — down 18% from $312M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PLCE positions and 28 closed out — a net gain of 1 holder — while 51 added to existing stakes and 43 trimmed.
The largest buyer was Mithaq Capital SPC, opening a new position worth an estimated $8.38M. The largest seller was Franklin Resources, cutting an estimated $30.9M.
- 140 institutional investors held Children's Place (PLCE) as of Q4 2023, up from 139 in Q3 2023.
- Funds reported $257M of Children's Place stock for Q4 2023, down 18% quarter-over-quarter.
- 29 funds opened new Children's Place positions in Q4 2023 and 28 closed out, a net change of +1 holder.
- The largest Children's Place buyer in Q4 2023 was Mithaq Capital SPC, an estimated $8.38M added.
- The largest Children's Place seller in Q4 2023 was Franklin Resources, an estimated $30.9M sold.
Based on aggregated 13F filings for Q4 2023.