PPG Industries
1,134 hedge funds and large institutions have $29.4B invested in PPG Industries in 2023 Q4 according to their latest regulatory filings, with 167 funds opening new positions, 369 increasing their positions, 380 reducing their positions, and 80 closing their positions.
109% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 80
92% more call options, than puts
Call options by funds: $285M | Put options by funds: $149M
19% more capital invested
Capital invested by funds: $24.7B → $29.4B (+$4.62B)
7% more funds holding
Funds holding: 1,063 → 1,134 (+71)
2.68% more ownership
Funds ownership: 80.66% → 83.34% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3% less repeat investments, than reductions
Existing positions increased: 369 | Existing positions reduced: 380
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$534M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$487M |
| 3 |
Millennium Management
New York
|
+$176M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$168M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$416M |
| 2 |
JP Morgan Chase
New York
|
-$193M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$183M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$107M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$91.6M |
PPG Hedge Fund Activity: Q4 2023 in Review
1,134 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2023, worth a combined $29.4B — up 19% from $24.7B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new PPG positions and 80 closed out — a net gain of 87 holders — while 369 added to existing stakes and 380 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $534M. The largest seller was Viking Global Investors, cutting an estimated $416M.
- 1,134 institutional investors held PPG Industries (PPG) as of Q4 2023, up from 1,063 in Q3 2023.
- Funds reported $29.4B of PPG Industries stock for Q4 2023, up 19% quarter-over-quarter.
- 167 funds opened new PPG Industries positions in Q4 2023 and 80 closed out, a net change of +87 holders.
- The largest PPG Industries buyer in Q4 2023 was Morgan Stanley, an estimated $534M added.
- The largest PPG Industries seller in Q4 2023 was Viking Global Investors, an estimated $416M sold.
Based on aggregated 13F filings for Q4 2023.