PPG Industries
790 hedge funds and large institutions have $20.8B invested in PPG Industries in 2016 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 296 increasing their positions, 257 reducing their positions, and 51 closing their positions.
51% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 51
15% more repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 257
2% more funds holding
Funds holding: 775 → 790 (+15)
2.36% less ownership
Funds ownership: 76.84% → 74.48% (-2.4%)
5% less capital invested
Capital invested by funds: $21.9B → $20.8B (-$1.13B)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
47% less call options, than puts
Call options by funds: $63.3M | Put options by funds: $119M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$71.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$61.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$52.7M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$48.7M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$48.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$798M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$103M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$102M |
| 4 |
CCI
Columbus Circle Investors
|
-$96.6M |
| 5 |
FAM
Fred Alger Management
New York
|
-$72.2M |
PPG Hedge Fund Activity: Q2 2016 in Review
790 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2016, worth a combined $20.8B — down 5.1% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new PPG positions and 51 closed out — a net gain of 26 holders — while 296 added to existing stakes and 257 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $71.5M. The largest seller was Royal London Asset Management, cutting an estimated $798M.
- 790 institutional investors held PPG Industries (PPG) as of Q2 2016, up from 775 in Q1 2016.
- Funds reported $20.8B of PPG Industries stock for Q2 2016, down 5.1% quarter-over-quarter.
- 77 funds opened new PPG Industries positions in Q2 2016 and 51 closed out, a net change of +26 holders.
- The largest PPG Industries buyer in Q2 2016 was JP Morgan Chase, an estimated $71.5M added.
- The largest PPG Industries seller in Q2 2016 was Royal London Asset Management, an estimated $798M sold.
Based on aggregated 13F filings for Q2 2016.