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PPG Industries

788 hedge funds and large institutions have $21.2B invested in PPG Industries in 2017 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 226 increasing their positions, 306 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $19.6B → $21.2B (+$1.55B)

2.35% more ownership

Funds ownership: 72.31%74.66% (+2.4%)

1% less funds holding

Funds holding: 795788 (-7)

3% less first-time investments, than exits

New positions opened: 59 | Existing positions closed: 61

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

26% less repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 306

62% less call options, than puts

Call options by funds: $45.6M | Put options by funds: $119M

Holders
788
Holders Change
-7
Holders Change %
-0.88%
% of All Funds
19.65%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.12%
New
59
Increased
226
Reduced
306
Closed
61
Calls
$45.6M
Puts
$119M
Net Calls
-$73.8M
Net Calls Change
-$82.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.17B +$33.5M +310,086 +2%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$2.04B -$907K -8,385 -0%
BlackRock
3
BlackRock
New York
$1.61B +$3.51M +32,459 +0.2%
State Street
4
State Street
Massachusetts
$1.3B -$46.6M -430,316 -4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$776M -$203M -1,877,717 -21%
ClearBridge Investments
6
ClearBridge Investments
New York
$620M +$70.4M +650,664 +13%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$555M +$140M +1,292,970 +34%
Lazard Asset Management
8
Lazard Asset Management
New York
$477M -$57.5M -531,749 -11%
Boston Partners
9
Boston Partners
Massachusetts
$403M -$16.5M -152,954 -4%
JP Morgan Chase
10
JP Morgan Chase
New York
$388M +$33.7M +311,367 +10%
T
11
Thomaspartners
Massachusetts
$319M +$12.7M +117,365 +4%
Northern Trust
12
Northern Trust
Illinois
$314M -$2.99M -27,664 -1%
Nordea Investment Management
13
Nordea Investment Management
Sweden
$303M +$103M +950,967 +53%
Wells Fargo
14
Wells Fargo
California
$297M +$30.5M +281,730 +12%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$278M -$16.7M -154,285 -6%
Parnassus Investments
16
Parnassus Investments
California
$260M +$256M +2,364,410 New
Aristotle Capital Management
17
Aristotle Capital Management
California
$259M +$7.77M +71,810 +3%
O
18
OppenheimerFunds
New York
$255M -$22.6M -208,663 -8%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$255M -$22.7M -209,694 -8%
Bank of America
20
Bank of America
North Carolina
$245M -$15.6M -144,485 -6%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$235M -$7.06M -65,244 -3%
1832 Asset Management
22
1832 Asset Management
Ontario, Canada
$201M +$106M +983,951 +117%
Capital Research Global Investors
23
Capital Research Global Investors
California
$192M +$189M +1,748,145 New
Temasek Holdings
24
Temasek Holdings
Singapore
$190M
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$186M +$59.5M +549,844 +48%

PPG Hedge Fund Activity: Q2 2017 in Review

788 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2017, worth a combined $21.2B — up 7.9% from $19.6B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of PPG and 59 opened new positions — a net loss of 2 holders — while 306 trimmed existing stakes and 226 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $256M. The largest seller was Fidelity Investments, cutting an estimated $203M.

  • 788 institutional investors held PPG Industries (PPG) as of Q2 2017, down from 795 in Q1 2017.
  • Funds reported $21.2B of PPG Industries stock for Q2 2017, up 7.9% quarter-over-quarter.
  • 59 funds opened new PPG Industries positions in Q2 2017 and 61 closed out, a net change of -2 holders.
  • The largest PPG Industries buyer in Q2 2017 was Parnassus Investments, an estimated $256M added.
  • The largest PPG Industries seller in Q2 2017 was Fidelity Investments, an estimated $203M sold.

Based on aggregated 13F filings for Q2 2017.