Preformed Line Products
PLPC
118 hedge funds and large institutions have $332M invested in Preformed Line Products in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
6% more capital invested
Capital invested by funds: $313M → $332M (+$19.2M)
1.04% more ownership
Funds ownership: 40.53% → 41.57% (+1%)
1% more funds holding
Funds holding: 117 → 118 (+1)
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.77M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$2.39M |
| 3 |
RA
Royce & Associates
New York
|
+$1.56M |
| 4 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$1.18M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.06M |
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$1.96M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$1.68M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.18M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$673K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$629K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
UBS AM
Chicago,
Illinois
| – | -$8.45K | -66 | Closed |
|
|
C
127
Covestor
London,
United Kingdom
| – | -$667 | -4 | Closed |
|
128
Point72 Asset Management
Stamford,
Connecticut
| – | -$312 | -2 | Closed |
|
PLPC Hedge Fund Activity: Q3 2023 in Review
118 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q3 2023, worth a combined $332M — up 6.1% from $313M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PLPC positions and 10 closed out — a net gain of 2 holders — while 42 added to existing stakes and 36 trimmed.
The largest buyer was Invesco, adding an estimated $7.77M. The largest seller was Franklin Resources, cutting an estimated $1.96M.
- 118 institutional investors held Preformed Line Products (PLPC) as of Q3 2023, up from 117 in Q2 2023.
- Funds reported $332M of Preformed Line Products stock for Q3 2023, up 6.1% quarter-over-quarter.
- 12 funds opened new Preformed Line Products positions in Q3 2023 and 10 closed out, a net change of +2 holders.
- The largest Preformed Line Products buyer in Q3 2023 was Invesco, an estimated $7.77M added.
- The largest Preformed Line Products seller in Q3 2023 was Franklin Resources, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2023.