PPG Industries
776 hedge funds and large institutions have $22B invested in PPG Industries in 2016 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 273 increasing their positions, 259 reducing their positions, and 73 closing their positions.
22% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 73
14% more capital invested
Capital invested by funds: $19.3B → $22B (+$2.69B)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
1.46% more ownership
Funds ownership: 72.7% → 74.15% (+1.5%)
5% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 259
1% more funds holding
Funds holding: 769 → 776 (+7)
2% less call options, than puts
Call options by funds: $61M | Put options by funds: $62.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$342M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$127M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$90.9M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$87.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$63.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$268M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$102M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$83.1M |
| 4 |
Millennium Management
New York
|
-$73.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$69.4M |
PPG Hedge Fund Activity: Q1 2016 in Review
776 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2016, worth a combined $22B — up 14% from $19.3B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new PPG positions and 73 closed out — a net gain of 16 holders — while 273 added to existing stakes and 259 trimmed.
The largest buyer was Boston Partners, adding an estimated $342M. The largest seller was Citadel Advisors, cutting an estimated $268M.
- 776 institutional investors held PPG Industries (PPG) as of Q1 2016, up from 769 in Q4 2015.
- Funds reported $22B of PPG Industries stock for Q1 2016, up 14% quarter-over-quarter.
- 89 funds opened new PPG Industries positions in Q1 2016 and 73 closed out, a net change of +16 holders.
- The largest PPG Industries buyer in Q1 2016 was Boston Partners, an estimated $342M added.
- The largest PPG Industries seller in Q1 2016 was Citadel Advisors, an estimated $268M sold.
Based on aggregated 13F filings for Q1 2016.