Children's Place
PLCE
150 hedge funds and large institutions have $407M invested in Children's Place in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 60 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
2.82% less ownership
Funds ownership: 145.65% → 142.83% (-2.8%)
22% less funds holding
Funds holding: 192 → 150 (-42)
23% less call options, than puts
Call options by funds: $5.12M | Put options by funds: $6.65M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
62% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 60
70% less capital invested
Capital invested by funds: $1.37B → $407M (-$966M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$43.1M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$39M |
| 3 |
Renaissance Technologies
New York
|
+$33.4M |
| 4 |
GC
Greenvale Capital
London,
United Kingdom
|
+$30.1M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$11.2M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$51.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.8M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$41.3M |
| 4 |
Bank of New York Mellon
New York
|
-$15.5M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$12.2M |
PLCE Hedge Fund Activity: Q1 2020 in Review
150 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Children's Place (PLCE) for Q1 2020, worth a combined $407M — down 70% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of PLCE and 23 opened new positions — a net loss of 37 holders — while 54 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $43.1M. The largest seller was Wellington Management Group, cutting an estimated $51.3M.
- 150 institutional investors held Children's Place (PLCE) as of Q1 2020, down from 192 in Q4 2019.
- Funds reported $407M of Children's Place stock for Q1 2020, down 70% quarter-over-quarter.
- 23 funds opened new Children's Place positions in Q1 2020 and 60 closed out, a net change of -37 holders.
- The largest Children's Place buyer in Q1 2020 was Morgan Stanley, an estimated $43.1M added.
- The largest Children's Place seller in Q1 2020 was Wellington Management Group, an estimated $51.3M sold.
Based on aggregated 13F filings for Q1 2020.