Preformed Line Products
PLPC
69 hedge funds and large institutions have $149M invested in Preformed Line Products in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
12% more capital invested
Capital invested by funds: $133M → $149M (+$15.4M)
1% more funds holding
Funds holding: 68 → 69 (+1)
0.63% more ownership
Funds ownership: 48.58% → 49.21% (+0.63%)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
Top Buyers
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.93M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$598K |
| 3 |
Renaissance Technologies
New York
|
+$442K |
| 4 |
SI
Shaker Investments
Cleveland,
Ohio
|
+$315K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$299K |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$1.37M |
| 2 |
RA
Royce & Associates
New York
|
-$1.08M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$375K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$332K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$226K |
PLPC Hedge Fund Activity: Q4 2019 in Review
69 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q4 2019, worth a combined $149M — up 12% from $133M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PLPC positions and 7 closed out — a net gain of 1 holder — while 22 added to existing stakes and 24 trimmed.
The largest buyer was THB Asset Management, opening a new position worth an estimated $1.93M. The largest seller was Bank of New York Mellon, cutting an estimated $1.37M.
- 69 institutional investors held Preformed Line Products (PLPC) as of Q4 2019, up from 68 in Q3 2019.
- Funds reported $149M of Preformed Line Products stock for Q4 2019, up 12% quarter-over-quarter.
- 8 funds opened new Preformed Line Products positions in Q4 2019 and 7 closed out, a net change of +1 holder.
- The largest Preformed Line Products buyer in Q4 2019 was THB Asset Management, an estimated $1.93M added.
- The largest Preformed Line Products seller in Q4 2019 was Bank of New York Mellon, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2019.