Perma-Pipe International
PPIH
30 hedge funds and large institutions have $21.7M invested in Perma-Pipe International in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
36.21% more ownership
Funds ownership: 0% → 36.21% (+36%)
5% less capital invested
Capital invested by funds: $22.9M → $21.7M (-$1.13M)
3% less funds holding
Funds holding: 31 → 30 (-1)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$177K |
| 2 |
Renaissance Technologies
New York
|
+$34.8K |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$32.7K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$22.7K |
| 5 |
Morgan Stanley
New York
|
+$22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$664K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$41.7K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$34K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$29.1K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$28.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5K | – | – | – |
|
27
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
28
Acadian Asset Management
Boston,
Massachusetts
| $2K | -$4.67K | -564 | -70% |
|
29
EARNEST Partners
Atlanta,
Georgia
| – | -$11K | -1,300 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$1K | -144 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$25 | +3 | New |
|
32
Bank of America
Charlotte,
North Carolina
| – | +$132 | +16 | New |
|
PPIH Hedge Fund Activity: Q1 2017 in Review
30 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q1 2017, worth a combined $21.7M — down 4.9% from $22.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PPIH positions and 2 closed out — a net gain of 3 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $177K. The largest seller was Morgan Dempsey Capital Management, cutting an estimated $664K.
- 30 institutional investors held Perma-Pipe International (PPIH) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $21.7M of Perma-Pipe International stock for Q1 2017, down 4.9% quarter-over-quarter.
- 5 funds opened new Perma-Pipe International positions in Q1 2017 and 2 closed out, a net change of +3 holders.
- The largest Perma-Pipe International buyer in Q1 2017 was BlackRock, an estimated $177K added.
- The largest Perma-Pipe International seller in Q1 2017 was Morgan Dempsey Capital Management, an estimated $664K sold.
Based on aggregated 13F filings for Q1 2017.