Preformed Line Products
PLPC
51 hedge funds and large institutions have $87.7M invested in Preformed Line Products in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 10 closing their positions.
12% less funds holding
Funds holding: 58 → 51 (-7)
13% less capital invested
Capital invested by funds: $101M → $87.7M (-$13.2M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$968K |
| 2 |
Renaissance Technologies
New York
|
+$358K |
| 3 |
Morgan Stanley
New York
|
+$165K |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$149K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$114K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
|
WF
52
WealthTrust Fairport
Cleveland,
Ohio
| – | -$664K | -15,759 | Closed |
|
|
CCMINC
53
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
| – | -$244K | -5,800 | Closed |
|
54
RhumbLine Advisers
Boston,
Massachusetts
| – | -$214K | -5,074 | Closed |
|
55
AllianceBernstein
Nashville,
Tennessee
| – | -$105K | -2,498 | Closed |
|
56
Swiss National Bank
Zurich,
Switzerland
| – | -$97K | -2,300 | Closed |
|
57
US Bancorp
Minneapolis,
Minnesota
| – | -$77K | -1,830 | Closed |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$50 | -1,180 | Closed |
|
|
BG
59
BlackRock Group
London,
United Kingdom
| – | -$41K | -979 | Closed |
|
60
Teacher Retirement System of Texas
Austin,
Texas
| – | -$3K | -81 | Closed |
|
61
UBS Group
Zurich,
Switzerland
| – | -$2K | -45 | Closed |
|
PLPC Hedge Fund Activity: Q2 2015 in Review
51 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q2 2015, worth a combined $87.7M — down 13% from $101M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PLPC and 3 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Boston Partners, adding an estimated $968K. The largest seller was THB Asset Management, cutting an estimated $1.95M.
- 51 institutional investors held Preformed Line Products (PLPC) as of Q2 2015, down from 58 in Q1 2015.
- Funds reported $87.7M of Preformed Line Products stock for Q2 2015, down 13% quarter-over-quarter.
- 3 funds opened new Preformed Line Products positions in Q2 2015 and 10 closed out, a net change of -7 holders.
- The largest Preformed Line Products buyer in Q2 2015 was Boston Partners, an estimated $968K added.
- The largest Preformed Line Products seller in Q2 2015 was THB Asset Management, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2015.