PPG Industries
769 hedge funds and large institutions have $19.3B invested in PPG Industries in 2015 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 229 increasing their positions, 303 reducing their positions, and 55 closing their positions.
65% more call options, than puts
Call options by funds: $76.5M | Put options by funds: $46.3M
64% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 55
11% more capital invested
Capital invested by funds: $17.5B → $19.3B (+$1.9B)
3% more funds holding
Funds holding: 744 → 769 (+25)
0.8% less ownership
Funds ownership: 73.5% → 72.7% (-0.8%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
24% less repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 303
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$90.7M |
| 2 |
AM
Appaloosa Management
Miami Beach,
Florida
|
+$75.9M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$74.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.4M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$56.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$135M |
| 2 |
State Street
Boston,
Massachusetts
|
-$87.2M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$77.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$64.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$64.1M |
PPG Hedge Fund Activity: Q4 2015 in Review
769 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2015, worth a combined $19.3B — up 11% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new PPG positions and 55 closed out — a net gain of 35 holders — while 229 added to existing stakes and 303 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $90.7M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $135M.
- 769 institutional investors held PPG Industries (PPG) as of Q4 2015, up from 744 in Q3 2015.
- Funds reported $19.3B of PPG Industries stock for Q4 2015, up 11% quarter-over-quarter.
- 90 funds opened new PPG Industries positions in Q4 2015 and 55 closed out, a net change of +35 holders.
- The largest PPG Industries buyer in Q4 2015 was Neuberger Berman Group, an estimated $90.7M added.
- The largest PPG Industries seller in Q4 2015 was BNP Paribas Financial Markets, an estimated $135M sold.
Based on aggregated 13F filings for Q4 2015.