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PPG Industries

955 hedge funds and large institutions have $24.6B invested in PPG Industries in 2019 Q4 according to their latest regulatory filings, with 163 funds opening new positions, 288 increasing their positions, 298 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

298% more first-time investments, than exits

New positions opened: 163 | Existing positions closed: 41

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more capital invested

Capital invested by funds: $21.7B → $24.6B (+$2.82B)

12% more funds holding

Funds holding: 852955 (+103)

0.23% more ownership

Funds ownership: 77.66%77.89% (+0.23%)

3% less repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 298

32% less call options, than puts

Call options by funds: $91.5M | Put options by funds: $134M

Holders
955
Holders Change
+103
Holders Change %
+12.09%
% of All Funds
18.82%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
163
Increased
288
Reduced
298
Closed
41
Calls
$91.5M
Puts
$134M
Net Calls
-$42.8M
Net Calls Change
-$54.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$2.97B -$51.4M -405,887 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.7B +$36.9M +291,448 +1%
BlackRock
3
BlackRock
New York
$2.23B +$163M +1,285,519 +8%
State Street
4
State Street
Massachusetts
$1.52B -$28.4M -224,501 -2%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$885M -$384M -3,032,861 -31%
Aristotle Capital Management
6
Aristotle Capital Management
California
$774M +$254M +2,008,510 +53%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$753M +$294M +2,318,223 +70%
ClearBridge Investments
8
ClearBridge Investments
New York
$740M -$2.38M -18,786 -0.3%
JP Morgan Chase
9
JP Morgan Chase
New York
$699M -$32.3M -255,034 -5%
Parnassus Investments
10
Parnassus Investments
California
$585M +$22.8M +179,975 +4%
Wells Fargo
11
Wells Fargo
California
$444M +$6.68M +52,736 +2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$427M +$10.7M +84,692 +3%
Northern Trust
13
Northern Trust
Illinois
$384M +$8.87M +69,998 +2%
Bank of America
14
Bank of America
North Carolina
$363M -$6.38M -50,352 -2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$328M +$4.45M +35,161 +1%
FMI
16
Fiduciary Management Inc
Wisconsin
$318M -$8.06M -63,625 -3%
CSIA
17
Charles Schwab Investment Advisory
California
$307M +$4.27M +33,683 +1%
Legal & General Group
18
Legal & General Group
United Kingdom
$253M -$2.78M -21,962 -1%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$217M -$3.89M -30,678 -2%
N
20
Nuveen
North Carolina
$208M +$41.3M +325,691 +26%
Goldman Sachs
21
Goldman Sachs
New York
$189M +$14.8M +116,674 +9%
Citadel Advisors
22
Citadel Advisors
Florida
$176M -$59.1M -466,626 -26%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$173M +$117M +922,840 +246%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$161M -$11.2M -88,550 -7%
Invesco
25
Invesco
Georgia
$160M -$11M -87,197 -7%

PPG Hedge Fund Activity: Q4 2019 in Review

955 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q4 2019, worth a combined $24.6B — up 13% from $21.7B a quarter earlier.

Buyers outnumbered sellers: 163 funds opened new PPG positions and 41 closed out — a net gain of 122 holders — while 288 added to existing stakes and 298 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $294M. The largest seller was Wellington Management Group, cutting an estimated $384M.

  • 955 institutional investors held PPG Industries (PPG) as of Q4 2019, up from 852 in Q3 2019.
  • Funds reported $24.6B of PPG Industries stock for Q4 2019, up 13% quarter-over-quarter.
  • 163 funds opened new PPG Industries positions in Q4 2019 and 41 closed out, a net change of +122 holders.
  • The largest PPG Industries buyer in Q4 2019 was T. Rowe Price Associates, an estimated $294M added.
  • The largest PPG Industries seller in Q4 2019 was Wellington Management Group, an estimated $384M sold.

Based on aggregated 13F filings for Q4 2019.