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PPG Industries

715 hedge funds and large institutions have $19.2B invested in PPG Industries in 2013 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 194 increasing their positions, 288 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 36

10% more capital invested

Capital invested by funds: $17.4B → $19.2B (+$1.79B)

8% more funds holding

Funds holding: 665715 (+50)

3.37% less ownership

Funds ownership: 145.15%141.78% (-3.4%)

17% less call options, than puts

Call options by funds: $146M | Put options by funds: $177M

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

33% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 288

Holders
715
Holders Change
+50
Holders Change %
+7.52%
% of All Funds
20.75%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.38%
New
94
Increased
194
Reduced
288
Closed
36
Calls
$146M
Puts
$177M
Net Calls
-$30.8M
Net Calls Change
-$35.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.52B +$23.4M +259,168 +2%
State Street
2
State Street
Massachusetts
$1.35B +$7.75M +85,964 +0.6%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$895M -$312M -3,468,056 -27%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$835M -$50.6M -561,936 -6%
BIT
5
BlackRock Institutional Trust
California
$808M +$50.5M +560,078 +7%
JP Morgan Chase
6
JP Morgan Chase
New York
$670M -$48M -532,866 -7%
Loomis, Sayles & Company
7
Loomis, Sayles & Company
Massachusetts
$616M
Bank of New York Mellon
8
Bank of New York Mellon
New York
$507M -$19.6M -217,670 -4%
ClearBridge Investments
9
ClearBridge Investments
New York
$421M -$1.97M -21,856 -0.5%
Invesco
10
Invesco
Georgia
$397M -$7.35M -81,588 -2%
SC
11
Sculptor Capital
New York
$358M -$50.8M -563,294 -13%
Northern Trust
12
Northern Trust
Illinois
$355M +$1.85M +20,566 +0.6%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$345M +$77M +854,476 +31%
WRF
14
Waddell & Reed Financial
Kansas
$341M +$166M +1,839,534 +105%
BFA
15
BlackRock Fund Advisors
California
$290M -$205M -2,275,766 -43%
TCIM
16
TIAA CREF Investment Management
New York
$286M +$23.5M +260,858 +9%
JHIU
17
Janus Henderson Investors US
Colorado
$262M -$23.3M -258,394 -9%
O
18
OppenheimerFunds
New York
$258M +$6.45M +71,546 +3%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$236M -$18.7M -207,100 -8%
Norges Bank
20
Norges Bank
Norway
$207M -$24.1M -267,850 -11%
PAM
21
Panagora Asset Management
Massachusetts
$205M +$4.8M +53,318 +3%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$197M -$19.3M -213,874 -9%
BG
23
BlackRock Group
United Kingdom
$194M -$8.83M -98,006 -5%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$190M +$4.49M +49,824 +3%
Axa
25
Axa
France
$175M -$2.16M -23,950 -1%

PPG Hedge Fund Activity: Q4 2013 in Review

715 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2013, worth a combined $19.2B — up 10% from $17.4B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new PPG positions and 36 closed out — a net gain of 58 holders — while 194 added to existing stakes and 288 trimmed.

The largest buyer was Waddell & Reed Financial, adding an estimated $166M. The largest seller was Massachusetts Financial Services, cutting an estimated $312M.

  • 715 institutional investors held PPG Industries (PPG) as of Q4 2013, up from 665 in Q3 2013.
  • Funds reported $19.2B of PPG Industries stock for Q4 2013, up 10% quarter-over-quarter.
  • 94 funds opened new PPG Industries positions in Q4 2013 and 36 closed out, a net change of +58 holders.
  • The largest PPG Industries buyer in Q4 2013 was Waddell & Reed Financial, an estimated $166M added.
  • The largest PPG Industries seller in Q4 2013 was Massachusetts Financial Services, an estimated $312M sold.

Based on aggregated 13F filings for Q4 2013.