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PPG Industries

743 hedge funds and large institutions have $17.3B invested in PPG Industries in 2015 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 248 increasing their positions, 250 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $101M | Put options by funds: $65.1M

0.28% more ownership

Funds ownership: 73.08%73.36% (+0.28%)

1% less repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 250

9% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 92

2% less funds holding

Funds holding: 756743 (-13)

24% less capital invested

Capital invested by funds: $22.8B → $17.3B (-$5.45B)

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
743
Holders Change
-13
Holders Change %
-1.72%
% of All Funds
20.74%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.31%
New
84
Increased
248
Reduced
250
Closed
92
Calls
$101M
Puts
$65.1M
Net Calls
+$36M
Net Calls Change
+$28.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
151
Bridgewater Associates
Connecticut
$10.9M +$12.6M +123,985 New
ST
152
Smithfield Trust
Pennsylvania
$10.7M +$40.7K +400 +0.3%
AIG
153
American International Group
New York
$10.7M -$255K -2,509 -2%
RI
154
Redwood Investments
Massachusetts
$10.6M +$723K +7,108 +6%
Caisse de Depot et Placement du Quebec (CDPQ)
155
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$10.5M +$20.4K +200 +0.2%
SGAM
156
Smith Group Asset Management
Texas
$10.4M -$987K -9,700 -8%
WB
157
WesBanco Bank
West Virginia
$10.3M -$567K -5,569 -5%
ANRF
158
Adams Natural Resources Fund
Maryland
$9.82M +$11.4M +112,000 New
Kayne Anderson Rudnick Investment Management
159
Kayne Anderson Rudnick Investment Management
California
$9.79M -$595K -5,846 -5%
AAM
160
Ardevora Asset Management
United Kingdom
$9.61M +$4.1M +40,300 +58%
VOYA Investment Management
161
VOYA Investment Management
Georgia
$9.53M +$191K +1,880 +2%
SCM
162
SIR Capital Management
New York
$9.46M +$11M +107,900 New
AC
163
Ascend Capital
California
$9.4M +$10.9M +107,180 New
SCM
164
Stevens Capital Management
Pennsylvania
$9.36M +$10.9M +106,779 New
CFB
165
Cullen/Frost Bankers
Texas
$9.34M +$19.4K +191 +0.2%
Barclays
166
Barclays
United Kingdom
$9.21M +$1.28M +12,589 +13%
AG
167
Aperio Group
California
$9.11M -$65.2K -641 -0.6%
State of Tennessee, Department of Treasury
168
State of Tennessee, Department of Treasury
Tennessee
$9.1M -$26.1M -256,159 -71%
BCM
169
BlueCrest Capital Management
Jersey
$8.83M +$10.3M +100,739 New
ZC
170
Zelman Capital
Ohio
$8.77M +$10.2M +100,000 New
SOMRS
171
State of Michigan Retirement System
Michigan
$8.58M -$773K -7,600 -7%
M&T Bank
172
M&T Bank
New York
$8.51M -$1.28M -12,600 -11%
TPSF
173
Texas Permanent School Fund
Texas
$8.46M -$248K -2,437 -2%
Royal London Asset Management
174
Royal London Asset Management
United Kingdom
$8.43M +$9.79M +96,181 New
SM
175
Stratton Management
Pennsylvania
$8.15M +$582K +5,724 +7%

PPG Hedge Fund Activity: Q3 2015 in Review

743 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2015, worth a combined $17.3B — down 24% from $22.8B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of PPG and 84 opened new positions — a net loss of 8 holders — while 250 trimmed existing stakes and 248 added.

The largest buyer was Massachusetts Financial Services, adding an estimated $419M. The largest seller was Waddell & Reed Financial, cutting an estimated $402M.

  • 743 institutional investors held PPG Industries (PPG) as of Q3 2015, down from 756 in Q2 2015.
  • Funds reported $17.3B of PPG Industries stock for Q3 2015, down 24% quarter-over-quarter.
  • 84 funds opened new PPG Industries positions in Q3 2015 and 92 closed out, a net change of -8 holders.
  • The largest PPG Industries buyer in Q3 2015 was Massachusetts Financial Services, an estimated $419M added.
  • The largest PPG Industries seller in Q3 2015 was Waddell & Reed Financial, an estimated $402M sold.

Based on aggregated 13F filings for Q3 2015.