PPG Industries
818 hedge funds and large institutions have $15.3B invested in PPG Industries in 2020 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 280 increasing their positions, 309 reducing their positions, and 192 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
0.5% less ownership
Funds ownership: 77.89% → 77.39% (-0.5%)
9% less repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 309
14% less funds holding
Funds holding: 955 → 818 (-137)
38% less capital invested
Capital invested by funds: $24.6B → $15.3B (-$9.27B)
39% less call options, than puts
Call options by funds: $84.4M | Put options by funds: $137M
65% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 192
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$293M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$266M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$254M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$173M |
| 5 |
ClearBridge Investments
New York
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$774M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$372M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$307M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$119M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$83.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ADL
1001
Asset Dedication LLC
San Francisco,
California
| – | -$2K | -15 | Closed |
|
1002
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$2K | -14 | Closed |
|
|
AA
1003
Argent Advisors
Monroe,
Louisiana
| – | -$1K | -13 | Closed |
|
|
FPFS
1004
First Personal Financial Services
Charlotte,
North Carolina
| – | -$2K | -12 | Closed |
|
|
AWM
1005
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$1K | -8 | Closed |
|
|
PWP
1006
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$1K | -8 | Closed |
|
|
EI
1007
Ellevest Inc
New York
| – | -$1K | -4 | Closed |
|
|
PFO
1008
Pathstone Family Office
Englewood,
New Jersey
| – | +$333 | +3 | New |
|
|
PCTC
1009
Perkins Coie Trust Company
Seattle,
Washington
| – | +$333 | +3 | New |
|
|
EWM
1010
EPG Wealth Management
Atlanta,
Georgia
| – | +$444 | +4 | New |
|
PPG Hedge Fund Activity: Q1 2020 in Review
818 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2020, worth a combined $15.3B — down 38% from $24.6B a quarter earlier.
Sellers outnumbered buyers: 192 funds closed out of PPG and 68 opened new positions — a net loss of 124 holders — while 309 trimmed existing stakes and 280 added.
The largest buyer was BlackRock, adding an estimated $293M. The largest seller was Aristotle Capital Management, exiting entirely with an estimated $774M sold.
- 818 institutional investors held PPG Industries (PPG) as of Q1 2020, down from 955 in Q4 2019.
- Funds reported $15.3B of PPG Industries stock for Q1 2020, down 38% quarter-over-quarter.
- 68 funds opened new PPG Industries positions in Q1 2020 and 192 closed out, a net change of -124 holders.
- The largest PPG Industries buyer in Q1 2020 was BlackRock, an estimated $293M added.
- The largest PPG Industries seller in Q1 2020 was Aristotle Capital Management, an estimated $774M sold.
Based on aggregated 13F filings for Q1 2020.