PPG Industries
1,075 hedge funds and large institutions have $24.5B invested in PPG Industries in 2024 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 361 increasing their positions, 394 reducing their positions, and 127 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
39% more call options, than puts
Call options by funds: $243M | Put options by funds: $175M
0.77% less ownership
Funds ownership: 83.98% → 83.21% (-0.77%)
8% less repeat investments, than reductions
Existing positions increased: 361 | Existing positions reduced: 394
4% less funds holding
Funds holding: 1,123 → 1,075 (-48)
14% less capital invested
Capital invested by funds: $28.6B → $24.5B (-$4.07B)
26% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 127
Top Buyers
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$204M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$70.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$56.7M |
| 4 |
BlackRock
New York
|
+$51.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$48.8M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$639M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$93.3M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$89.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$56.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$51.4M |
PPG Hedge Fund Activity: Q2 2024 in Review
1,075 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PPG Industries (PPG) for Q2 2024, worth a combined $24.5B — down 14% from $28.6B a quarter earlier.
Sellers outnumbered buyers: 127 funds closed out of PPG and 94 opened new positions — a net loss of 33 holders — while 394 trimmed existing stakes and 361 added.
The largest buyer was Beutel, Goodman & Co, adding an estimated $204M. The largest seller was JP Morgan Chase, cutting an estimated $639M.
- 1,075 institutional investors held PPG Industries (PPG) as of Q2 2024, down from 1,123 in Q1 2024.
- Funds reported $24.5B of PPG Industries stock for Q2 2024, down 14% quarter-over-quarter.
- 94 funds opened new PPG Industries positions in Q2 2024 and 127 closed out, a net change of -33 holders.
- The largest PPG Industries buyer in Q2 2024 was Beutel, Goodman & Co, an estimated $204M added.
- The largest PPG Industries seller in Q2 2024 was JP Morgan Chase, an estimated $639M sold.
Based on aggregated 13F filings for Q2 2024.