Preformed Line Products
PLPC
101 hedge funds and large institutions have $253M invested in Preformed Line Products in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 25 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
98% more capital invested
Capital invested by funds: $128M → $253M (+$125M)
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
5% more funds holding
Funds holding: 96 → 101 (+5)
1.71% more ownership
Funds ownership: 38.41% → 40.11% (+1.7%)
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$6.37M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.63M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$861K |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$475K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$411K |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$950K |
| 2 |
Two Sigma Investments
New York
|
-$626K |
| 3 |
Millennium Management
New York
|
-$572K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$457K |
| 5 |
SI
Shaker Investments
Cleveland,
Ohio
|
-$446K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
101
Huntington National Bank
Columbus,
Ohio
| $128 | -$11.1K | -112 | -99% |
|
|
102
Two Sigma Investments
New York
| – | -$626K | -7,515 | Closed |
|
|
103
Millennium Management
New York
| – | -$572K | -6,870 | Closed |
|
|
SI
104
Shaker Investments
Cleveland,
Ohio
| – | -$446K | -5,353 | Closed |
|
|
DIA
105
Dean Investment Associates
Beavercreek,
Ohio
| – | -$419K | -5,031 | Closed |
|
|
QC
106
Quadrature Capital
London,
United Kingdom
| – | -$360K | -4,333 | Closed |
|
|
MGP
107
Metis Global Partners
San Diego,
California
| – | -$207K | -2,490 | Closed |
|
PLPC Hedge Fund Activity: Q1 2023 in Review
101 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q1 2023, worth a combined $253M — up 98% from $128M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PLPC positions and 6 closed out — a net gain of 5 holders — while 43 added to existing stakes and 25 trimmed.
The largest buyer was Royce & Associates, adding an estimated $6.37M. The largest seller was Victory Capital Management, cutting an estimated $950K.
- 101 institutional investors held Preformed Line Products (PLPC) as of Q1 2023, up from 96 in Q4 2022.
- Funds reported $253M of Preformed Line Products stock for Q1 2023, up 98% quarter-over-quarter.
- 11 funds opened new Preformed Line Products positions in Q1 2023 and 6 closed out, a net change of +5 holders.
- The largest Preformed Line Products buyer in Q1 2023 was Royce & Associates, an estimated $6.37M added.
- The largest Preformed Line Products seller in Q1 2023 was Victory Capital Management, an estimated $950K sold.
Based on aggregated 13F filings for Q1 2023.