PPG Industries
788 hedge funds and large institutions have $21.2B invested in PPG Industries in 2017 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 226 increasing their positions, 306 reducing their positions, and 61 closing their positions.
8% more capital invested
Capital invested by funds: $19.6B → $21.2B (+$1.55B)
2.35% more ownership
Funds ownership: 72.31% → 74.66% (+2.4%)
1% less funds holding
Funds holding: 795 → 788 (-7)
3% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 61
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
26% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 306
62% less call options, than puts
Call options by funds: $45.6M | Put options by funds: $119M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$256M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$189M |
| 3 |
SIG
Senator Investment Group
New York
|
+$141M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$140M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$203M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$108M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$77.5M |
| 4 |
Lazard Asset Management
New York
|
-$57.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$46.6M |
PPG Hedge Fund Activity: Q2 2017 in Review
788 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2017, worth a combined $21.2B — up 7.9% from $19.6B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of PPG and 59 opened new positions — a net loss of 2 holders — while 306 trimmed existing stakes and 226 added.
The largest buyer was Parnassus Investments, opening a new position worth an estimated $256M. The largest seller was Fidelity Investments, cutting an estimated $203M.
- 788 institutional investors held PPG Industries (PPG) as of Q2 2017, down from 795 in Q1 2017.
- Funds reported $21.2B of PPG Industries stock for Q2 2017, up 7.9% quarter-over-quarter.
- 59 funds opened new PPG Industries positions in Q2 2017 and 61 closed out, a net change of -2 holders.
- The largest PPG Industries buyer in Q2 2017 was Parnassus Investments, an estimated $256M added.
- The largest PPG Industries seller in Q2 2017 was Fidelity Investments, an estimated $203M sold.
Based on aggregated 13F filings for Q2 2017.