PPG Industries
PPG
757 hedge funds and large institutions have $22.9B invested in PPG Industries in 2015 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 212 increasing their positions, 326 reducing their positions, and 62 closing their positions.
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
10% more call options, than puts
Call options by funds: $88.9M | Put options by funds: $81M
3% more capital invested
Capital invested by funds: $22.2B → $22.9B (+$655M)
2% less funds holding
Funds holding: 772 → 757 (-15)
11% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 62
35% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 326
71.62% less ownership
Funds ownership: 144.75% → 73.13% (-72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$355M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$275M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$265M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$234M |
| 5 |
FAM
Fred Alger Management
New York
|
+$201M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$666M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$141M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$98.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$88.3M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$74.6M |
PPG Hedge Fund Activity: Q2 2015 in Review
757 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2015, worth a combined $22.9B — up 2.9% from $22.2B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PPG and 55 opened new positions — a net loss of 7 holders — while 326 trimmed existing stakes and 212 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $355M. The largest seller was Loomis, Sayles & Company, cutting an estimated $666M.
- 757 institutional investors held PPG Industries (PPG) as of Q2 2015, down from 772 in Q1 2015.
- Funds reported $22.9B of PPG Industries stock for Q2 2015, up 2.9% quarter-over-quarter.
- 55 funds opened new PPG Industries positions in Q2 2015 and 62 closed out, a net change of -7 holders.
- The largest PPG Industries buyer in Q2 2015 was Waddell & Reed Financial, an estimated $355M added.
- The largest PPG Industries seller in Q2 2015 was Loomis, Sayles & Company, an estimated $666M sold.
Based on aggregated 13F filings for Q2 2015.