PPG Industries
PPG
993 hedge funds and large institutions have $29.1B invested in PPG Industries in 2021 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 325 increasing their positions, 366 reducing their positions, and 75 closing their positions.
6% more capital invested
Capital invested by funds: $27.5B → $29.1B (+$1.65B)
1.14% more ownership
Funds ownership: 80.63% → 81.77% (+1.1%)
9% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 75
0% more funds holding
Funds holding: 990 → 993 (+3)
11% less repeat investments, than reductions
Existing positions increased: 325 | Existing positions reduced: 366
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less call options, than puts
Call options by funds: $88.3M | Put options by funds: $148M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$669M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$211M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$202M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$55M |
| 5 |
State Street
Boston,
Massachusetts
|
+$50M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$191M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$153M |
| 3 |
Morgan Stanley
New York
|
-$134M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$91.8M |
| 5 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$51.6M |
PPG Hedge Fund Activity: Q1 2021 in Review
993 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2021, worth a combined $29.1B — up 6% from $27.5B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PPG positions and 75 closed out — a net gain of 7 holders — while 325 added to existing stakes and 366 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $669M. The largest seller was Wells Fargo, cutting an estimated $191M.
- 993 institutional investors held PPG Industries (PPG) as of Q1 2021, up from 990 in Q4 2020.
- Funds reported $29.1B of PPG Industries stock for Q1 2021, up 6% quarter-over-quarter.
- 82 funds opened new PPG Industries positions in Q1 2021 and 75 closed out, a net change of +7 holders.
- The largest PPG Industries buyer in Q1 2021 was JP Morgan Chase, an estimated $669M added.
- The largest PPG Industries seller in Q1 2021 was Wells Fargo, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2021.