PPG Industries
771 hedge funds and large institutions have $22.2B invested in PPG Industries in 2015 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 223 increasing their positions, 308 reducing their positions, and 54 closing their positions.
33% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 54
1% more funds holding
Funds holding: 763 → 771 (+8)
0.15% less ownership
Funds ownership: 144.89% → 144.75% (-0.15%)
3% less capital invested
Capital invested by funds: $22.9B → $22.2B (-$692M)
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
28% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 308
71% less call options, than puts
Call options by funds: $40.1M | Put options by funds: $136M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$176M |
| 2 |
Renaissance Technologies
New York
|
+$93.7M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$76.5M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$75.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$72.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$141M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$79.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$61.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$57.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$56.8M |
PPG Hedge Fund Activity: Q1 2015 in Review
771 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2015, worth a combined $22.2B — down 3% from $22.9B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PPG positions and 54 closed out — a net gain of 18 holders — while 223 added to existing stakes and 308 trimmed.
The largest buyer was Credit Suisse, adding an estimated $176M. The largest seller was State Street, cutting an estimated $141M.
- 771 institutional investors held PPG Industries (PPG) as of Q1 2015, up from 763 in Q4 2014.
- Funds reported $22.2B of PPG Industries stock for Q1 2015, down 3% quarter-over-quarter.
- 72 funds opened new PPG Industries positions in Q1 2015 and 54 closed out, a net change of +18 holders.
- The largest PPG Industries buyer in Q1 2015 was Credit Suisse, an estimated $176M added.
- The largest PPG Industries seller in Q1 2015 was State Street, an estimated $141M sold.
Based on aggregated 13F filings for Q1 2015.