PPG Industries
PPG
1,054 hedge funds and large institutions have $28.1B invested in PPG Industries in 2023 Q2 according to their latest regulatory filings, with 122 funds opening new positions, 365 increasing their positions, 335 reducing their positions, and 42 closing their positions.
190% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 42
95% more call options, than puts
Call options by funds: $232M | Put options by funds: $119M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
11% more capital invested
Capital invested by funds: $25.3B → $28.1B (+$2.83B)
8% more funds holding
Funds holding: 980 → 1,054 (+74)
9% more repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 335
0.16% more ownership
Funds ownership: 80.49% → 80.65% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$126M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$109M |
| 3 |
Millennium Management
New York
|
+$83.5M |
| 4 |
JCM
Junto Capital Management
New York
|
+$61.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$50.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$489M |
| 2 |
JP Morgan Chase
New York
|
-$257M |
| 3 |
BlackRock
New York
|
-$177M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$158M |
| 5 |
ClearBridge Investments
New York
|
-$112M |
PPG Hedge Fund Activity: Q2 2023 in Review
1,054 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2023, worth a combined $28.1B — up 11% from $25.3B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new PPG positions and 42 closed out — a net gain of 80 holders — while 365 added to existing stakes and 335 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $126M. The largest seller was Wellington Management Group, cutting an estimated $489M.
- 1,054 institutional investors held PPG Industries (PPG) as of Q2 2023, up from 980 in Q1 2023.
- Funds reported $28.1B of PPG Industries stock for Q2 2023, up 11% quarter-over-quarter.
- 122 funds opened new PPG Industries positions in Q2 2023 and 42 closed out, a net change of +80 holders.
- The largest PPG Industries buyer in Q2 2023 was Viking Global Investors, an estimated $126M added.
- The largest PPG Industries seller in Q2 2023 was Wellington Management Group, an estimated $489M sold.
Based on aggregated 13F filings for Q2 2023.