PPG Industries
PPG
883 hedge funds and large institutions have $23B invested in PPG Industries in 2020 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 264 increasing their positions, 311 reducing their positions, and 69 closing their positions.
48% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 69
41% more call options, than puts
Call options by funds: $184M | Put options by funds: $130M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more capital invested
Capital invested by funds: $19.7B → $23B (+$3.36B)
3% more funds holding
Funds holding: 856 → 883 (+27)
1.34% more ownership
Funds ownership: 78.61% → 79.95% (+1.3%)
15% less repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 311
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$337M |
| 2 |
JP Morgan Chase
New York
|
+$121M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$93M |
| 4 |
Morgan Stanley
New York
|
+$92.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$70M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$175M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$94.7M |
| 3 |
ClearBridge Investments
New York
|
-$84.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$55.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$51.2M |
PPG Hedge Fund Activity: Q3 2020 in Review
883 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q3 2020, worth a combined $23B — up 17% from $19.7B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new PPG positions and 69 closed out — a net gain of 33 holders — while 264 added to existing stakes and 311 trimmed.
The largest buyer was BlackRock, adding an estimated $337M. The largest seller was First Trust Advisors, cutting an estimated $175M.
- 883 institutional investors held PPG Industries (PPG) as of Q3 2020, up from 856 in Q2 2020.
- Funds reported $23B of PPG Industries stock for Q3 2020, up 17% quarter-over-quarter.
- 102 funds opened new PPG Industries positions in Q3 2020 and 69 closed out, a net change of +33 holders.
- The largest PPG Industries buyer in Q3 2020 was BlackRock, an estimated $337M added.
- The largest PPG Industries seller in Q3 2020 was First Trust Advisors, an estimated $175M sold.
Based on aggregated 13F filings for Q3 2020.