PPG Industries
795 hedge funds and large institutions have $19.5B invested in PPG Industries in 2017 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 239 increasing their positions, 312 reducing their positions, and 84 closing their positions.
11% more capital invested
Capital invested by funds: $17.6B → $19.5B (+$1.9B)
1.96% more ownership
Funds ownership: 70.34% → 72.31% (+2%)
9% more call options, than puts
Call options by funds: $104M | Put options by funds: $95.7M
2% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 84
1% less funds holding
Funds holding: 802 → 795 (-7)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
23% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 312
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.41B |
| 2 |
Lazard Asset Management
New York
|
+$435M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$182M |
| 4 |
O
OppenheimerFunds
New York
|
+$136M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$83.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alleghany Corporation
New York
|
-$94.8M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$84.4M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$83.9M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$79.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$67.5M |
PPG Hedge Fund Activity: Q1 2017 in Review
795 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2017, worth a combined $19.5B — up 11% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PPG positions and 84 closed out — a net gain of 2 holders — while 239 added to existing stakes and 312 trimmed.
The largest buyer was BlackRock, adding an estimated $1.41B. The largest seller was Alleghany Corporation, exiting entirely with an estimated $94.8M sold.
- 795 institutional investors held PPG Industries (PPG) as of Q1 2017, down from 802 in Q4 2016.
- Funds reported $19.5B of PPG Industries stock for Q1 2017, up 11% quarter-over-quarter.
- 86 funds opened new PPG Industries positions in Q1 2017 and 84 closed out, a net change of +2 holders.
- The largest PPG Industries buyer in Q1 2017 was BlackRock, an estimated $1.41B added.
- The largest PPG Industries seller in Q1 2017 was Alleghany Corporation, an estimated $94.8M sold.
Based on aggregated 13F filings for Q1 2017.