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PPG Industries

851 hedge funds and large institutions have $21.7B invested in PPG Industries in 2019 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 289 increasing their positions, 280 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more call options, than puts

Call options by funds: $76.8M | Put options by funds: $64.8M

3% more repeat investments, than reductions

Existing positions increased: 289 | Existing positions reduced: 280

1% more capital invested

Capital invested by funds: $21.4B → $21.7B (+$296M)

0.29% less ownership

Funds ownership: 77.95%77.66% (-0.29%)

1% less funds holding

Funds holding: 856851 (-5)

1% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 69

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

Holders
851
Holders Change
-5
Holders Change %
-0.58%
% of All Funds
18.66%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
68
Increased
289
Reduced
280
Closed
69
Calls
$76.8M
Puts
$64.8M
Net Calls
+$12M
Net Calls Change
+$23.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$2.69B -$24.9M -216,551 -0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.36B -$18.5M -160,574 -0.8%
BlackRock
3
BlackRock
New York
$1.83B +$85M +737,920 +5%
State Street
4
State Street
Massachusetts
$1.38B +$8.01M +69,569 +0.6%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.14B -$23.8M -206,456 -2%
ClearBridge Investments
6
ClearBridge Investments
New York
$669M +$15.1M +131,516 +2%
JP Morgan Chase
7
JP Morgan Chase
New York
$650M +$47.7M +414,448 +8%
Parnassus Investments
8
Parnassus Investments
California
$498M +$2.07M +17,975 +0.4%
Aristotle Capital Management
9
Aristotle Capital Management
California
$449M +$12.3M +106,546 +3%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$393M +$62.3M +541,100 +19%
Wells Fargo
11
Wells Fargo
California
$388M +$13.7M +119,084 +4%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$369M +$9.5M +82,493 +3%
Northern Trust
13
Northern Trust
Illinois
$333M -$5.97M -51,856 -2%
Bank of America
14
Bank of America
North Carolina
$328M +$7.29M +63,329 +2%
FMI
15
Fiduciary Management Inc
Wisconsin
$290M -$7.6M -66,026 -3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$287M +$3.77M +32,700 +1%
CSIA
17
Charles Schwab Investment Advisory
California
$269M +$5.82M +50,585 +2%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$240M +$43M +373,226 +23%
Legal & General Group
19
Legal & General Group
United Kingdom
$228M +$1.95M +16,975 +0.9%
Citadel Advisors
20
Citadel Advisors
Florida
$212M -$102M -888,741 -33%
Temasek Holdings
21
Temasek Holdings
Singapore
$205M
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$196M -$4.94M -42,929 -3%
Goldman Sachs
23
Goldman Sachs
New York
$154M +$10.9M +94,319 +8%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$153M +$613K +5,325 +0.4%
Invesco
25
Invesco
Georgia
$153M -$1.62M -14,049 -1%

PPG Hedge Fund Activity: Q3 2019 in Review

851 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2019, worth a combined $21.7B — up 1.4% from $21.4B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PPG and 68 opened new positions — a net loss of 1 holder — while 280 trimmed existing stakes and 289 added.

The largest buyer was BlackRock, adding an estimated $85M. The largest seller was Trian Fund Management, exiting entirely with an estimated $493M sold.

  • 851 institutional investors held PPG Industries (PPG) as of Q3 2019, down from 856 in Q2 2019.
  • Funds reported $21.7B of PPG Industries stock for Q3 2019, up 1.4% quarter-over-quarter.
  • 68 funds opened new PPG Industries positions in Q3 2019 and 69 closed out, a net change of -1 holder.
  • The largest PPG Industries buyer in Q3 2019 was BlackRock, an estimated $85M added.
  • The largest PPG Industries seller in Q3 2019 was Trian Fund Management, an estimated $493M sold.

Based on aggregated 13F filings for Q3 2019.