PPG Industries
PPG
850 hedge funds and large institutions have $21B invested in PPG Industries in 2019 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 239 increasing their positions, 349 reducing their positions, and 67 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 67
9% more capital invested
Capital invested by funds: $19.3B → $21B (+$1.78B)
0% more funds holding
Funds holding: 846 → 850 (+4)
0.17% more ownership
Funds ownership: 78.8% → 78.97% (+0.17%)
32% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 349
46% less call options, than puts
Call options by funds: $99.1M | Put options by funds: $182M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$132M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$68.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$40.7M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$30.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
-$110M |
| 2 |
JP Morgan Chase
New York
|
-$63.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$59.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.2M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$36.2M |
PPG Hedge Fund Activity: Q1 2019 in Review
850 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2019, worth a combined $21B — up 9.2% from $19.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PPG positions and 67 closed out — a net gain of 13 holders — while 239 added to existing stakes and 349 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $132M. The largest seller was Trian Fund Management, cutting an estimated $110M.
- 850 institutional investors held PPG Industries (PPG) as of Q1 2019, up from 846 in Q4 2018.
- Funds reported $21B of PPG Industries stock for Q1 2019, up 9.2% quarter-over-quarter.
- 80 funds opened new PPG Industries positions in Q1 2019 and 67 closed out, a net change of +13 holders.
- The largest PPG Industries buyer in Q1 2019 was Citadel Advisors, an estimated $132M added.
- The largest PPG Industries seller in Q1 2019 was Trian Fund Management, an estimated $110M sold.
Based on aggregated 13F filings for Q1 2019.