PPG Industries
878 hedge funds and large institutions have $22.5B invested in PPG Industries in 2017 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 270 increasing their positions, 297 reducing their positions, and 45 closing their positions.
156% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 45
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more funds holding
Funds holding: 811 → 878 (+67)
7% more capital invested
Capital invested by funds: $21.1B → $22.5B (+$1.39B)
0.7% more ownership
Funds ownership: 75.17% → 75.87% (+0.7%)
8% less call options, than puts
Call options by funds: $70.3M | Put options by funds: $76.1M
9% less repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 297
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$307M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$70M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$65.3M |
| 4 |
Millennium Management
New York
|
+$56.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$300M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$139M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$97.3M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$89.4M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$63.3M |
PPG Hedge Fund Activity: Q4 2017 in Review
878 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2017, worth a combined $22.5B — up 6.6% from $21.1B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new PPG positions and 45 closed out — a net gain of 70 holders — while 270 added to existing stakes and 297 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $307M. The largest seller was Lazard Asset Management, cutting an estimated $300M.
- 878 institutional investors held PPG Industries (PPG) as of Q4 2017, up from 811 in Q3 2017.
- Funds reported $22.5B of PPG Industries stock for Q4 2017, up 6.6% quarter-over-quarter.
- 115 funds opened new PPG Industries positions in Q4 2017 and 45 closed out, a net change of +70 holders.
- The largest PPG Industries buyer in Q4 2017 was Capital World Investors, an estimated $307M added.
- The largest PPG Industries seller in Q4 2017 was Lazard Asset Management, an estimated $300M sold.
Based on aggregated 13F filings for Q4 2017.