Preformed Line Products
PLPC
57 hedge funds and large institutions have $117M invested in Preformed Line Products in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
0.57% less ownership
Funds ownership: 44.28% → 43.71% (-0.57%)
3% less funds holding
Funds holding: 59 → 57 (-2)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
12% less capital invested
Capital invested by funds: $132M → $117M (-$15.3M)
Top Buyers
| 1 |
BlackRock
New York
|
+$5.7M |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$465K |
| 3 |
SG Americas Securities
New York
|
+$199K |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$106K |
| 5 |
Renaissance Technologies
New York
|
+$87.1K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $5K | -$20.1K | -392 | -82% |
|
|
LTFS
52
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$51 | +1 | +1% |
|
|
DA
53
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
AIM
54
Acrospire Investment Management
Chicago,
Illinois
| $2K | -$89.9K | -1,755 | -98% |
|
55
Barclays
London,
United Kingdom
| $1K | +$615 | +12 | New |
|
56
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | +$1.02K | +20 | New |
|
57
BNP Paribas Financial Markets
Paris,
France
| $469 | -$1.33K | -26 | -74% |
|
|
SBH
58
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$1.33M | -22,883 | Closed |
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$225K | -3,877 | Closed |
|
|
TC
60
TFS Capital
West Chester,
Pennsylvania
| – | -$201K | -3,460 | Closed |
|
|
PCM
61
Prelude Capital Management
New York
| – | -$72K | -1,246 | Closed |
|
PLPC Hedge Fund Activity: Q1 2017 in Review
57 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q1 2017, worth a combined $117M — down 12% from $132M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PLPC positions and 4 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, adding an estimated $5.7M. The largest seller was Segall Bryant & Hamill, exiting entirely with an estimated $1.33M sold.
- 57 institutional investors held Preformed Line Products (PLPC) as of Q1 2017, down from 59 in Q4 2016.
- Funds reported $117M of Preformed Line Products stock for Q1 2017, down 12% quarter-over-quarter.
- 6 funds opened new Preformed Line Products positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest Preformed Line Products buyer in Q1 2017 was BlackRock, an estimated $5.7M added.
- The largest Preformed Line Products seller in Q1 2017 was Segall Bryant & Hamill, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2017.