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.
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: 756 → 743 (-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: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$419M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$239M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$169M |
| 4 |
Two Sigma Investments
New York
|
+$140M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$402M |
| 2 |
SC
Sculptor Capital
New York
|
-$336M |
| 3 |
First Eagle Investment Management
New York
|
-$262M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$206M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$173M |
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.