Perma-Pipe International
PPIH
30 hedge funds and large institutions have $27.9M invested in Perma-Pipe International in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 3 closing their positions.
0.43% more ownership
Funds ownership: 39.98% → 40.41% (+0.43%)
3% less capital invested
Capital invested by funds: $28.7M → $27.9M (-$760K)
6% less funds holding
Funds holding: 32 → 30 (-2)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$903K |
| 2 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$194K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$64.3K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$296K |
| 2 |
Morgan Stanley
New York
|
-$264K |
| 3 |
Renaissance Technologies
New York
|
-$90.5K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$88.4K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$61.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| $28K | +$11.9K | +1,326 | +73% |
|
27
EARNEST Partners
Atlanta,
Georgia
| $11K | – | – | – |
|
|
GI
28
Gradient Investments
Arden Hills,
Minnesota
| $4K | – | – | – |
|
|
BCA
29
Bray Capital Advisors
Naples,
Florida
| $2K | -$1.9K | -212 | -49% |
|
30
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$3K | -337 | Closed |
|
PPIH Hedge Fund Activity: Q4 2018 in Review
30 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q4 2018, worth a combined $27.9M — down 2.7% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PPIH and 1 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Cannell Capital, adding an estimated $903K. The largest seller was Ancora Advisors, cutting an estimated $296K.
- 30 institutional investors held Perma-Pipe International (PPIH) as of Q4 2018, down from 32 in Q3 2018.
- Funds reported $27.9M of Perma-Pipe International stock for Q4 2018, down 2.7% quarter-over-quarter.
- 1 fund opened new Perma-Pipe International positions in Q4 2018 and 3 closed out, a net change of -2 holders.
- The largest Perma-Pipe International buyer in Q4 2018 was Cannell Capital, an estimated $903K added.
- The largest Perma-Pipe International seller in Q4 2018 was Ancora Advisors, an estimated $296K sold.
Based on aggregated 13F filings for Q4 2018.