Preformed Line Products
PLPC
117 hedge funds and large institutions have $313M invested in Preformed Line Products in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 39 reducing their positions, and 6 closing their positions.
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
24% more capital invested
Capital invested by funds: $253M → $313M (+$60.5M)
16% more funds holding
Funds holding: 101 → 117 (+16)
0.42% more ownership
Funds ownership: 40.11% → 40.53% (+0.42%)
15% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 39
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.42M |
| 2 |
BlackRock
New York
|
+$1.6M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$1.24M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$845K |
| 5 |
Janus Henderson Group
London,
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.18M |
| 2 |
CM
CM Management
Gulf Breeze,
Florida
|
-$1.53M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$1.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$997K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$569K |
PLPC Hedge Fund Activity: Q2 2023 in Review
117 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q2 2023, worth a combined $313M — up 24% from $253M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PLPC positions and 6 closed out — a net gain of 17 holders — while 33 added to existing stakes and 39 trimmed.
The largest buyer was Empowered Funds, opening a new position worth an estimated $3.42M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $2.18M.
- 117 institutional investors held Preformed Line Products (PLPC) as of Q2 2023, up from 101 in Q1 2023.
- Funds reported $313M of Preformed Line Products stock for Q2 2023, up 24% quarter-over-quarter.
- 23 funds opened new Preformed Line Products positions in Q2 2023 and 6 closed out, a net change of +17 holders.
- The largest Preformed Line Products buyer in Q2 2023 was Empowered Funds, an estimated $3.42M added.
- The largest Preformed Line Products seller in Q2 2023 was Hotchkis & Wiley Capital Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q2 2023.