PPG Industries
1,063 hedge funds and large institutions have $24.7B invested in PPG Industries in 2023 Q3 according to their latest regulatory filings, with 103 funds opening new positions, 376 increasing their positions, 343 reducing their positions, and 79 closing their positions.
112% more call options, than puts
Call options by funds: $242M | Put options by funds: $114M
30% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 79
10% more repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 343
1% more funds holding
Funds holding: 1,054 → 1,063 (+9)
0.01% more ownership
Funds ownership: 80.65% → 80.66% (+0.01%)
12% less capital invested
Capital invested by funds: $28.1B → $24.7B (-$3.39B)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$441M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$135M |
| 3 |
HF
HRT Financial
New York
|
+$75.8M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$68.5M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$430M |
| 2 |
JP Morgan Chase
New York
|
-$204M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$197M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$177M |
| 5 |
Millennium Management
New York
|
-$94.7M |
PPG Hedge Fund Activity: Q3 2023 in Review
1,063 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2023, worth a combined $24.7B — down 12% from $28.1B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new PPG positions and 79 closed out — a net gain of 24 holders — while 376 added to existing stakes and 343 trimmed.
The largest buyer was Viking Global Investors, adding an estimated $441M. The largest seller was DZ Bank, cutting an estimated $430M.
- 1,063 institutional investors held PPG Industries (PPG) as of Q3 2023, up from 1,054 in Q2 2023.
- Funds reported $24.7B of PPG Industries stock for Q3 2023, down 12% quarter-over-quarter.
- 103 funds opened new PPG Industries positions in Q3 2023 and 79 closed out, a net change of +24 holders.
- The largest PPG Industries buyer in Q3 2023 was Viking Global Investors, an estimated $441M added.
- The largest PPG Industries seller in Q3 2023 was DZ Bank, an estimated $430M sold.
Based on aggregated 13F filings for Q3 2023.