Preformed Line Products
PLPC
76 hedge funds and large institutions have $170M invested in Preformed Line Products in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 75 → 76 (+1)
2% more capital invested
Capital invested by funds: $166M → $170M (+$3.88M)
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$2.96M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.82M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$886K |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$715K |
| 5 |
Bank of New York Mellon
New York
|
+$594K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $163 | +$8.1K | +111 | +5% |
|
|
WF
77
WealthTrust Fairport
Cleveland,
Ohio
| – | -$2.12M | -29,438 | Closed |
|
78
Two Sigma Investments
New York
| – | -$400K | -5,562 | Closed |
|
|
AWCI
79
Alpine Woods Capital Investors
Purchase,
New York
| – | -$309K | -4,300 | Closed |
|
80
First Trust Advisors
Wheaton,
Illinois
| – | -$298K | -4,145 | Closed |
|
81
JP Morgan Chase
New York
| – | -$212K | -2,955 | Closed |
|
|
RFC
82
Russell Frank Company
Seattle,
Washington
| – | -$135K | -1,880 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$47K | -660 | Closed |
|
84
Schroder Investment Management Group
London,
United Kingdom
| – | -$28.8K | -400 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -73 | Closed |
|
PLPC Hedge Fund Activity: Q4 2013 in Review
76 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q4 2013, worth a combined $170M — up 2.3% from $166M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PLPC positions and 9 closed out — a net gain of 1 holder — while 21 added to existing stakes and 27 trimmed.
The largest buyer was Royce & Associates, adding an estimated $2.96M. The largest seller was Oaktree Capital Management, cutting an estimated $3.76M.
- 76 institutional investors held Preformed Line Products (PLPC) as of Q4 2013, up from 75 in Q3 2013.
- Funds reported $170M of Preformed Line Products stock for Q4 2013, up 2.3% quarter-over-quarter.
- 10 funds opened new Preformed Line Products positions in Q4 2013 and 9 closed out, a net change of +1 holder.
- The largest Preformed Line Products buyer in Q4 2013 was Royce & Associates, an estimated $2.96M added.
- The largest Preformed Line Products seller in Q4 2013 was Oaktree Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2013.