Preformed Line Products
PLPC
66 hedge funds and large institutions have $135M invested in Preformed Line Products in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 11 closing their positions.
12% more capital invested
Capital invested by funds: $120M → $135M (+$14.8M)
3.31% more ownership
Funds ownership: 44.61% → 47.92% (+3.3%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
4% less funds holding
Funds holding: 69 → 66 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$8.31M |
| 2 |
BlackRock
New York
|
+$1.07M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$757K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$590K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$566K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$591K |
| 2 |
RA
Royce & Associates
New York
|
-$524K |
| 3 |
Renaissance Technologies
New York
|
-$460K |
| 4 |
Millennium Management
New York
|
-$422K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$410K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
76
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$5K | -101 | Closed |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -33 | Closed |
|
PLPC Hedge Fund Activity: Q2 2019 in Review
66 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q2 2019, worth a combined $135M — up 12% from $120M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PLPC and 10 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 21 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $8.31M. The largest seller was Deutsche Bank, cutting an estimated $591K.
- 66 institutional investors held Preformed Line Products (PLPC) as of Q2 2019, down from 69 in Q1 2019.
- Funds reported $135M of Preformed Line Products stock for Q2 2019, up 12% quarter-over-quarter.
- 10 funds opened new Preformed Line Products positions in Q2 2019 and 11 closed out, a net change of -1 holder.
- The largest Preformed Line Products buyer in Q2 2019 was HighTower Advisors, an estimated $8.31M added.
- The largest Preformed Line Products seller in Q2 2019 was Deutsche Bank, an estimated $591K sold.
Based on aggregated 13F filings for Q2 2019.