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PPG Industries

856 hedge funds and large institutions have $21.4B invested in PPG Industries in 2019 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 281 increasing their positions, 291 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 62

2% more capital invested

Capital invested by funds: $21B → $21.4B (+$400M)

1% more funds holding

Funds holding: 850856 (+6)

3% less repeat investments, than reductions

Existing positions increased: 281 | Existing positions reduced: 291

1.02% less ownership

Funds ownership: 78.97%77.95% (-1%)

12% less call options, than puts

Call options by funds: $81.2M | Put options by funds: $92.4M

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
856
Holders Change
+6
Holders Change %
+0.71%
% of All Funds
18.59%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
79
Increased
281
Reduced
291
Closed
62
Calls
$81.2M
Puts
$92.4M
Net Calls
-$11.2M
Net Calls Change
+$72.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$2.67B -$137M -1,200,765 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.34B +$11.5M +100,494 +0.5%
BlackRock
3
BlackRock
New York
$1.71B +$26.5M +232,493 +2%
State Street
4
State Street
Massachusetts
$1.35B -$16.4M -143,867 -1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.15B +$24.6M +215,561 +2%
ClearBridge Investments
6
ClearBridge Investments
New York
$643M -$1.89M -16,543 -0.3%
JP Morgan Chase
7
JP Morgan Chase
New York
$588M -$22.8M -200,086 -4%
TFM
8
Trian Fund Management
New York
$493M -$200M -1,757,804 -29%
Parnassus Investments
9
Parnassus Investments
California
$488M +$7.66M +67,167 +2%
Aristotle Capital Management
10
Aristotle Capital Management
California
$430M -$2.66M -23,343 -0.6%
Wells Fargo
11
Wells Fargo
California
$368M -$2.98M -26,126 -0.8%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$354M +$8.07M +70,816 +2%
Northern Trust
13
Northern Trust
Illinois
$334M +$7.29M +63,949 +2%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$324M -$57.8M -506,702 -15%
Bank of America
15
Bank of America
North Carolina
$316M +$8.5M +74,572 +3%
Citadel Advisors
16
Citadel Advisors
Florida
$312M +$165M +1,446,934 +118%
FMI
17
Fiduciary Management Inc
Wisconsin
$294M -$982K -8,613 -0.3%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$279M -$4.81M -42,159 -2%
CSIA
19
Charles Schwab Investment Advisory
California
$259M +$4.72M +41,364 +2%
Legal & General Group
20
Legal & General Group
United Kingdom
$222M +$14.5M +127,316 +7%
Temasek Holdings
21
Temasek Holdings
Singapore
$202M
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$198M -$4.4M -38,557 -2%
Nordea Investment Management
23
Nordea Investment Management
Sweden
$194M -$6.78M -59,442 -3%
Invesco
24
Invesco
Georgia
$152M +$19.1M +167,684 +15%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$150M +$1.59M +13,974 +1%

PPG Hedge Fund Activity: Q2 2019 in Review

856 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2019, worth a combined $21.4B — up 1.9% from $21B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new PPG positions and 62 closed out — a net gain of 17 holders — while 281 added to existing stakes and 291 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $165M. The largest seller was Capital World Investors, exiting entirely with an estimated $250M sold.

  • 856 institutional investors held PPG Industries (PPG) as of Q2 2019, up from 850 in Q1 2019.
  • Funds reported $21.4B of PPG Industries stock for Q2 2019, up 1.9% quarter-over-quarter.
  • 79 funds opened new PPG Industries positions in Q2 2019 and 62 closed out, a net change of +17 holders.
  • The largest PPG Industries buyer in Q2 2019 was Citadel Advisors, an estimated $165M added.
  • The largest PPG Industries seller in Q2 2019 was Capital World Investors, an estimated $250M sold.

Based on aggregated 13F filings for Q2 2019.