Children's Place
PLCE
125 hedge funds and large institutions have $270M invested in Children's Place in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 49 reducing their positions, and 54 closing their positions.
17% less call options, than puts
Call options by funds: $23M | Put options by funds: $27.7M
20.29% less ownership
Funds ownership: 112.55% → 92.26% (-20%)
21% less funds holding
Funds holding: 158 → 125 (-33)
24% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 49
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
52% less capital invested
Capital invested by funds: $562M → $270M (-$293M)
57% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 54
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.61M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.21M |
| 3 |
HF
HRT Financial
New York
|
+$5.36M |
| 4 |
MIM
Meros Investment Management
Dallas,
Texas
|
+$5.36M |
| 5 |
Two Sigma Investments
New York
|
+$5.12M |
Top Sellers
| 1 |
BlackRock
New York
|
-$27.2M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$10.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.95M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$9.14M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.42M |
PLCE Hedge Fund Activity: Q2 2023 in Review
125 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Children's Place (PLCE) for Q2 2023, worth a combined $270M — down 52% from $562M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PLCE and 23 opened new positions — a net loss of 31 holders — while 49 trimmed existing stakes and 37 added.
The largest buyer was Arrowstreet Capital, adding an estimated $8.61M. The largest seller was BlackRock, cutting an estimated $27.2M.
- 125 institutional investors held Children's Place (PLCE) as of Q2 2023, down from 158 in Q1 2023.
- Funds reported $270M of Children's Place stock for Q2 2023, down 52% quarter-over-quarter.
- 23 funds opened new Children's Place positions in Q2 2023 and 54 closed out, a net change of -31 holders.
- The largest Children's Place buyer in Q2 2023 was Arrowstreet Capital, an estimated $8.61M added.
- The largest Children's Place seller in Q2 2023 was BlackRock, an estimated $27.2M sold.
Based on aggregated 13F filings for Q2 2023.