Perma-Pipe International
PPIH
32 hedge funds and large institutions have $46.1M invested in Perma-Pipe International in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
23% more capital invested
Capital invested by funds: $37.4M → $46.1M (+$8.75M)
10% more funds holding
Funds holding: 29 → 32 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.57M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$517K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$491K |
| 4 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$474K |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
-$2.23M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.1M |
| 3 |
Morgan Stanley
New York
|
-$161K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$140K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $29K | +$25.4K | +2,032 | New |
|
27
EARNEST Partners
Atlanta,
Georgia
| $26K | +$22.5K | +1,800 | New |
|
|
BA
28
BlackRock Advisors
Wilmington,
Delaware
| $24K | +$3.69K | +295 | +22% |
|
29
Acadian Asset Management
Boston,
Massachusetts
| $15K | +$12.7K | +1,014 | New |
|
|
NFA
30
Nationwide Fund Advisors
Columbus,
Ohio
| $10K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $4K | -$1.88K | -150 | -38% |
|
|
GC
32
Globeflex Capital
San Diego,
California
| $2K | – | – | – |
|
|
B
33
Barings
Charlotte,
North Carolina
| – | -$2.23M | -195,472 | Closed |
|
|
EVC
34
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$138K | -12,118 | Closed |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$44K | -3,904 | Closed |
|
|
U
36
UBS
Zurich,
Switzerland
| – | -$1K | -107 | Closed |
|
PPIH Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q4 2013, worth a combined $46.1M — up 23% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PPIH positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.57M. The largest seller was Barings, exiting entirely with an estimated $2.23M sold.
- 32 institutional investors held Perma-Pipe International (PPIH) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $46.1M of Perma-Pipe International stock for Q4 2013, up 23% quarter-over-quarter.
- 7 funds opened new Perma-Pipe International positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest Perma-Pipe International buyer in Q4 2013 was EAM Investors, an estimated $1.57M added.
- The largest Perma-Pipe International seller in Q4 2013 was Barings, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2013.