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PPG Industries

818 hedge funds and large institutions have $15.3B invested in PPG Industries in 2020 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 280 increasing their positions, 309 reducing their positions, and 192 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

0.5% less ownership

Funds ownership: 77.89%77.39% (-0.5%)

9% less repeat investments, than reductions

Existing positions increased: 280 | Existing positions reduced: 309

14% less funds holding

Funds holding: 955818 (-137)

38% less capital invested

Capital invested by funds: $24.6B → $15.3B (-$9.27B)

39% less call options, than puts

Call options by funds: $84.4M | Put options by funds: $137M

65% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 192

Holders
818
Holders Change
-137
Holders Change %
-14.35%
% of All Funds
18.03%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.11%
New
68
Increased
280
Reduced
309
Closed
192
Calls
$84.4M
Puts
$137M
Net Calls
-$52.9M
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$1.77B -$119M -1,072,085 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.72B +$44.7M +402,725 +2%
BlackRock
3
BlackRock
New York
$1.62B +$293M +2,637,942 +16%
State Street
4
State Street
Massachusetts
$899M -$72.3M -650,541 -6%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$663M +$254M +2,290,161 +41%
ClearBridge Investments
6
ClearBridge Investments
New York
$549M +$105M +947,678 +17%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$528M -$35.3M -317,291 -5%
JP Morgan Chase
8
JP Morgan Chase
New York
$450M +$16M +143,881 +3%
Charles Schwab
9
Charles Schwab
California
$294M +$266M +2,389,788 +212%
Wells Fargo
10
Wells Fargo
California
$285M +$9.23M +83,052 +2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$270M +$3.94M +35,485 +1%
Northern Trust
12
Northern Trust
Illinois
$237M -$5.52M -49,641 -2%
Bank of America
13
Bank of America
North Carolina
$217M -$13.8M -124,087 -5%
FMI
14
Fiduciary Management Inc
Wisconsin
$210M +$14.6M +131,853 +6%
N
15
Nuveen
North Carolina
$198M +$90.7M +816,465 +52%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$180M -$33.3M -299,719 -12%
Legal & General Group
17
Legal & General Group
United Kingdom
$162M +$4.46M +40,164 +2%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$130M -$6.77M -60,958 -4%
Boston Partners
19
Boston Partners
Massachusetts
$130M +$173M +1,554,270 +31,085,400%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$109M +$11.6M +104,505 +9%
Principal Financial Group
21
Principal Financial Group
Iowa
$103M +$19.6M +176,668 +17%
UBS AM
22
UBS AM
Illinois
$96.8M +$14.7M +132,440 +13%
First Trust Advisors
23
First Trust Advisors
Illinois
$93.7M +$62.7M +564,353 +101%
Citadel Advisors
24
Citadel Advisors
Florida
$92.1M -$24.3M -218,963 -17%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$90.8M +$19.3M +173,384 +19%

PPG Hedge Fund Activity: Q1 2020 in Review

818 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2020, worth a combined $15.3B — down 38% from $24.6B a quarter earlier.

Sellers outnumbered buyers: 192 funds closed out of PPG and 68 opened new positions — a net loss of 124 holders — while 309 trimmed existing stakes and 280 added.

The largest buyer was BlackRock, adding an estimated $293M. The largest seller was Aristotle Capital Management, exiting entirely with an estimated $774M sold.

  • 818 institutional investors held PPG Industries (PPG) as of Q1 2020, down from 955 in Q4 2019.
  • Funds reported $15.3B of PPG Industries stock for Q1 2020, down 38% quarter-over-quarter.
  • 68 funds opened new PPG Industries positions in Q1 2020 and 192 closed out, a net change of -124 holders.
  • The largest PPG Industries buyer in Q1 2020 was BlackRock, an estimated $293M added.
  • The largest PPG Industries seller in Q1 2020 was Aristotle Capital Management, an estimated $774M sold.

Based on aggregated 13F filings for Q1 2020.