PPG Industries
PPG
730 hedge funds and large institutions have $19.3B invested in PPG Industries in 2014 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 190 increasing their positions, 317 reducing their positions, and 44 closing their positions.
18% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 44
0% more funds holding
Funds holding: 729 → 730 (+1)
1.81% less ownership
Funds ownership: 144.13% → 142.32% (-1.8%)
8% less capital invested
Capital invested by funds: $20.9B → $19.3B (-$1.64B)
26% less call options, than puts
Call options by funds: $125M | Put options by funds: $170M
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
40% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 317
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$137M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$57.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.9M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$219M |
| 2 |
Axa
Paris,
France
|
-$92.5M |
| 3 |
Neuberger Berman Group
New York
|
-$78.2M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$68.3M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$43.6M |
PPG Hedge Fund Activity: Q3 2014 in Review
730 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2014, worth a combined $19.3B — down 7.8% from $20.9B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PPG positions and 44 closed out — a net gain of 8 holders — while 190 added to existing stakes and 317 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $137M. The largest seller was Norges Bank, cutting an estimated $219M.
- 730 institutional investors held PPG Industries (PPG) as of Q3 2014, up from 729 in Q2 2014.
- Funds reported $19.3B of PPG Industries stock for Q3 2014, down 7.8% quarter-over-quarter.
- 52 funds opened new PPG Industries positions in Q3 2014 and 44 closed out, a net change of +8 holders.
- The largest PPG Industries buyer in Q3 2014 was Sculptor Capital, an estimated $137M added.
- The largest PPG Industries seller in Q3 2014 was Norges Bank, an estimated $219M sold.
Based on aggregated 13F filings for Q3 2014.