PPG Industries
856 hedge funds and large institutions have $19.7B invested in PPG Industries in 2020 Q2 according to their latest regulatory filings, with 119 funds opening new positions, 232 increasing their positions, 333 reducing their positions, and 76 closing their positions.
57% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 76
29% more capital invested
Capital invested by funds: $15.3B → $19.7B (+$4.39B)
5% more funds holding
Funds holding: 819 → 856 (+37)
1.29% more ownership
Funds ownership: 77.33% → 78.61% (+1.3%)
17% less call options, than puts
Call options by funds: $126M | Put options by funds: $152M
30% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 333
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$441M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$221M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$136M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$116M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$282M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$90.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$87.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$80.5M |
| 5 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$72.4M |
PPG Hedge Fund Activity: Q2 2020 in Review
856 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2020, worth a combined $19.7B — up 29% from $15.3B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new PPG positions and 76 closed out — a net gain of 43 holders — while 232 added to existing stakes and 333 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $441M. The largest seller was Massachusetts Financial Services, cutting an estimated $282M.
- 856 institutional investors held PPG Industries (PPG) as of Q2 2020, up from 819 in Q1 2020.
- Funds reported $19.7B of PPG Industries stock for Q2 2020, up 29% quarter-over-quarter.
- 119 funds opened new PPG Industries positions in Q2 2020 and 76 closed out, a net change of +43 holders.
- The largest PPG Industries buyer in Q2 2020 was Capital International Investors, an estimated $441M added.
- The largest PPG Industries seller in Q2 2020 was Massachusetts Financial Services, an estimated $282M sold.
Based on aggregated 13F filings for Q2 2020.