PPG Industries
PPG
1,123 hedge funds and large institutions have $28.6B invested in PPG Industries in 2024 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 410 increasing their positions, 383 reducing their positions, and 93 closing their positions.
83% more call options, than puts
Call options by funds: $294M | Put options by funds: $161M
7% more repeat investments, than reductions
Existing positions increased: 410 | Existing positions reduced: 383
1% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 93
0.64% more ownership
Funds ownership: 83.34% → 83.98% (+0.64%)
1% less funds holding
Funds holding: 1,134 → 1,123 (-11)
3% less capital invested
Capital invested by funds: $29.4B → $28.6B (-$745M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$600M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$383M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$177M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$176M |
| 5 |
BlackRock
New York
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$520M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$233M |
| 3 |
Millennium Management
New York
|
-$171M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$88.1M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$79.1M |
PPG Hedge Fund Activity: Q1 2024 in Review
1,123 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2024, worth a combined $28.6B — down 2.5% from $29.4B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new PPG positions and 93 closed out — a net gain of 1 holder — while 410 added to existing stakes and 383 trimmed.
The largest buyer was Vanguard Group, adding an estimated $600M. The largest seller was Morgan Stanley, cutting an estimated $520M.
- 1,123 institutional investors held PPG Industries (PPG) as of Q1 2024, down from 1,134 in Q4 2023.
- Funds reported $28.6B of PPG Industries stock for Q1 2024, down 2.5% quarter-over-quarter.
- 94 funds opened new PPG Industries positions in Q1 2024 and 93 closed out, a net change of +1 holder.
- The largest PPG Industries buyer in Q1 2024 was Vanguard Group, an estimated $600M added.
- The largest PPG Industries seller in Q1 2024 was Morgan Stanley, an estimated $520M sold.
Based on aggregated 13F filings for Q1 2024.