Perma-Pipe International
PPIH
28 hedge funds and large institutions have $26.7M invested in Perma-Pipe International in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $24.9M → $26.7M (+$1.79M)
0.51% more ownership
Funds ownership: 38.04% → 38.55% (+0.51%)
10% less funds holding
Funds holding: 31 → 28 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$306K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$163K |
| 3 |
Morgan Stanley
New York
|
+$145K |
| 4 |
Renaissance Technologies
New York
|
+$101K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$51.8K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
Gradient Investments
Arden Hills,
Minnesota
| $5K | +$4.34K | +500 | New |
|
27
Federated Hermes
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
FTIOP
28
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
| – | -$324K | -38,100 | Closed |
|
|
FPS
29
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$12K | -1,383 | Closed |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$8K | -965 | Closed |
|
|
NFA
31
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$6K | -700 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$1K | -72 | Closed |
|
PPIH Hedge Fund Activity: Q4 2017 in Review
28 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q4 2017, worth a combined $26.7M — up 7.2% from $24.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PPIH and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Northern Trust, adding an estimated $306K. The largest seller was Fiduciary Trust International of Pennsylvania, exiting entirely with an estimated $324K sold.
- 28 institutional investors held Perma-Pipe International (PPIH) as of Q4 2017, down from 31 in Q3 2017.
- Funds reported $26.7M of Perma-Pipe International stock for Q4 2017, up 7.2% quarter-over-quarter.
- 2 funds opened new Perma-Pipe International positions in Q4 2017 and 5 closed out, a net change of -3 holders.
- The largest Perma-Pipe International buyer in Q4 2017 was Northern Trust, an estimated $306K added.
- The largest Perma-Pipe International seller in Q4 2017 was Fiduciary Trust International of Pennsylvania, an estimated $324K sold.
Based on aggregated 13F filings for Q4 2017.