PPG Industries
980 hedge funds and large institutions have $25.3B invested in PPG Industries in 2023 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 326 increasing their positions, 329 reducing their positions, and 65 closing their positions.
137% more call options, than puts
Call options by funds: $188M | Put options by funds: $79.4M
58% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 65
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
6% more capital invested
Capital invested by funds: $23.9B → $25.3B (+$1.4B)
2% more funds holding
Funds holding: 959 → 980 (+21)
0.36% less ownership
Funds ownership: 80.85% → 80.49% (-0.36%)
1% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 329
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$202M |
| 2 |
JP Morgan Chase
New York
|
+$153M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$127M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$90M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$57.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$484M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$163M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$129M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$114M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$100M |
PPG Hedge Fund Activity: Q1 2023 in Review
980 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q1 2023, worth a combined $25.3B — up 5.9% from $23.9B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new PPG positions and 65 closed out — a net gain of 38 holders — while 326 added to existing stakes and 329 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $202M. The largest seller was Massachusetts Financial Services, cutting an estimated $484M.
- 980 institutional investors held PPG Industries (PPG) as of Q1 2023, up from 959 in Q4 2022.
- Funds reported $25.3B of PPG Industries stock for Q1 2023, up 5.9% quarter-over-quarter.
- 103 funds opened new PPG Industries positions in Q1 2023 and 65 closed out, a net change of +38 holders.
- The largest PPG Industries buyer in Q1 2023 was Citadel Advisors, an estimated $202M added.
- The largest PPG Industries seller in Q1 2023 was Massachusetts Financial Services, an estimated $484M sold.
Based on aggregated 13F filings for Q1 2023.