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PPG Industries

802 hedge funds and large institutions have $17.7B invested in PPG Industries in 2016 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 253 increasing their positions, 293 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 82

2% more funds holding

Funds holding: 786802 (+16)

7% more call options, than puts

Call options by funds: $74.3M | Put options by funds: $69.2M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

2.78% less ownership

Funds ownership: 73.17%70.38% (-2.8%)

12% less capital invested

Capital invested by funds: $20.1B → $17.7B (-$2.32B)

14% less repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 293

Holders
802
Holders Change
+16
Holders Change %
+2.04%
% of All Funds
20.05%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
109
Increased
253
Reduced
293
Closed
82
Calls
$74.3M
Puts
$69.2M
Net Calls
+$5.09M
Net Calls Change
+$44.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.79B +$30.7M +321,292 +2%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$1.74B +$75M +785,581 +4%
State Street
3
State Street
Massachusetts
$1.2B +$74.8M +783,934 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$896M -$534M -5,594,652 -37%
BIT
5
BlackRock Institutional Trust
California
$672M +$17M +177,596 +3%
ClearBridge Investments
6
ClearBridge Investments
New York
$452M +$6.59M +69,072 +1%
BFA
7
BlackRock Fund Advisors
California
$363M +$36.6M +383,498 +11%
JP Morgan Chase
8
JP Morgan Chase
New York
$355M -$49M -513,711 -12%
Boston Partners
9
Boston Partners
Massachusetts
$298M -$61.1M -640,621 -17%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$284M +$73.7M +772,568 +35%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$279M -$11.5M -121,006 -4%
Northern Trust
12
Northern Trust
Illinois
$273M -$28.2M -295,833 -9%
T
13
Thomaspartners
Massachusetts
$243M +$110M +1,153,119 +82%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$226M +$8.27M +86,655 +4%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$217M -$64.6M -677,254 -23%
Bank of America
16
Bank of America
North Carolina
$207M -$736K -7,715 -0.4%
Aristotle Capital Management
17
Aristotle Capital Management
California
$206M +$4.86M +50,877 +2%
Deutsche Bank
18
Deutsche Bank
Germany
$206M +$38.2M +400,290 +23%
BG
19
BlackRock Group
United Kingdom
$199M +$9.43M +98,773 +5%
EVM
20
Eaton Vance Management
Massachusetts
$192M +$10.7M +111,705 +6%
Norges Bank
21
Norges Bank
Norway
$182M -$133M -1,393,443 -42%
IC
22
Institutional Capital
Illinois
$177M +$112M +1,171,383 +169%
TCIM
23
TIAA CREF Investment Management
New York
$176M -$2.83M -29,641 -2%
Temasek Holdings
24
Temasek Holdings
Singapore
$158M +$159M +1,668,478 New
Wells Fargo
25
Wells Fargo
California
$152M -$51.2M -536,465 -25%

PPG Hedge Fund Activity: Q4 2016 in Review

802 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2016, worth a combined $17.7B — down 12% from $20.1B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new PPG positions and 82 closed out — a net gain of 27 holders — while 253 added to existing stakes and 293 trimmed.

The largest buyer was Temasek Holdings, opening a new position worth an estimated $159M. The largest seller was Fidelity Investments, cutting an estimated $534M.

  • 802 institutional investors held PPG Industries (PPG) as of Q4 2016, up from 786 in Q3 2016.
  • Funds reported $17.7B of PPG Industries stock for Q4 2016, down 12% quarter-over-quarter.
  • 109 funds opened new PPG Industries positions in Q4 2016 and 82 closed out, a net change of +27 holders.
  • The largest PPG Industries buyer in Q4 2016 was Temasek Holdings, an estimated $159M added.
  • The largest PPG Industries seller in Q4 2016 was Fidelity Investments, an estimated $534M sold.

Based on aggregated 13F filings for Q4 2016.