PPG Industries
788 hedge funds and large institutions have $20.1B invested in PPG Industries in 2016 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 250 increasing their positions, 298 reducing their positions, and 51 closing their positions.
16% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 51
0% less funds holding
Funds holding: 791 → 788 (-3)
2% less capital invested
Capital invested by funds: $20.6B → $20.1B (-$502M)
1.25% less ownership
Funds ownership: 74.42% → 73.17% (-1.3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
16% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 298
37% less call options, than puts
Call options by funds: $67.9M | Put options by funds: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
+$223M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$163M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$75.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$68.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$227M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$203M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$148M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$126M |
| 5 |
TA
Teachers Advisors
New York
|
-$81.3M |
PPG Hedge Fund Activity: Q3 2016 in Review
788 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2016, worth a combined $20.1B — down 2.4% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PPG positions and 51 closed out — a net gain of 8 holders — while 250 added to existing stakes and 298 trimmed.
The largest buyer was Aristotle Capital Management, opening a new position worth an estimated $223M. The largest seller was JP Morgan Chase, cutting an estimated $227M.
- 788 institutional investors held PPG Industries (PPG) as of Q3 2016, down from 791 in Q2 2016.
- Funds reported $20.1B of PPG Industries stock for Q3 2016, down 2.4% quarter-over-quarter.
- 59 funds opened new PPG Industries positions in Q3 2016 and 51 closed out, a net change of +8 holders.
- The largest PPG Industries buyer in Q3 2016 was Aristotle Capital Management, an estimated $223M added.
- The largest PPG Industries seller in Q3 2016 was JP Morgan Chase, an estimated $227M sold.
Based on aggregated 13F filings for Q3 2016.