Preformed Line Products
PLPC
65 hedge funds and large institutions have $122M invested in Preformed Line Products in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 10 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
0.47% less ownership
Funds ownership: 49.21% → 48.74% (-0.47%)
6% less funds holding
Funds holding: 69 → 65 (-4)
18% less capital invested
Capital invested by funds: $149M → $122M (-$26.9M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.74M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.04M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$580K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$520K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.75M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$574K |
| 3 |
RC
RBF Capital
San Francisco,
California
|
-$315K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$274K |
| 5 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
-$249K |
PLPC Hedge Fund Activity: Q1 2020 in Review
65 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q1 2020, worth a combined $122M — down 18% from $149M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PLPC and 6 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 25 added.
The largest buyer was THB Asset Management, adding an estimated $1.74M. The largest seller was Royce & Associates, cutting an estimated $5.75M.
- 65 institutional investors held Preformed Line Products (PLPC) as of Q1 2020, down from 69 in Q4 2019.
- Funds reported $122M of Preformed Line Products stock for Q1 2020, down 18% quarter-over-quarter.
- 6 funds opened new Preformed Line Products positions in Q1 2020 and 10 closed out, a net change of -4 holders.
- The largest Preformed Line Products buyer in Q1 2020 was THB Asset Management, an estimated $1.74M added.
- The largest Preformed Line Products seller in Q1 2020 was Royce & Associates, an estimated $5.75M sold.
Based on aggregated 13F filings for Q1 2020.