Perma-Pipe International
PPIH
30 hedge funds and large institutions have $28.9M invested in Perma-Pipe International in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 29 → 30 (+1)
1% less capital invested
Capital invested by funds: $29.3M → $28.9M (-$378K)
3.3% less ownership
Funds ownership: 40.68% → 37.38% (-3.3%)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
+$655K |
| 2 |
Renaissance Technologies
New York
|
+$146K |
| 3 |
SRC
Shufro Rose & Co
New York
|
+$69.9K |
| 4 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$66.1K |
| 5 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$54.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$1M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$864K |
| 3 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$367K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$205K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $3K | +$2.7K | +309 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $2K | +$1.98K | +226 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$463 | +53 | New |
|
|
FWSM
29
First Wilshire Securities Management
Pasadena,
California
| – | -$1M | -110,176 | Closed |
|
|
MDCM
30
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
| – | -$367K | -40,364 | Closed |
|
31
Northern Trust
Chicago,
Illinois
| – | -$110K | -12,024 | Closed |
|
|
AG
32
Aperio Group
Sausalito,
California
| – | -$17K | -1,883 | Closed |
|
|
FPS
33
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$12K | -1,264 | Closed |
|
34
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -138 | Closed |
|
35
Barclays
London,
United Kingdom
| – | +$367 | +42 | New |
|
PPIH Hedge Fund Activity: Q3 2019 in Review
30 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q3 2019, worth a combined $28.9M — down 1.3% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PPIH positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Wedbush Securities, adding an estimated $655K. The largest seller was First Wilshire Securities Management, exiting entirely with an estimated $1M sold.
- 30 institutional investors held Perma-Pipe International (PPIH) as of Q3 2019, up from 29 in Q2 2019.
- Funds reported $28.9M of Perma-Pipe International stock for Q3 2019, down 1.3% quarter-over-quarter.
- 7 funds opened new Perma-Pipe International positions in Q3 2019 and 6 closed out, a net change of +1 holder.
- The largest Perma-Pipe International buyer in Q3 2019 was Wedbush Securities, an estimated $655K added.
- The largest Perma-Pipe International seller in Q3 2019 was First Wilshire Securities Management, an estimated $1M sold.
Based on aggregated 13F filings for Q3 2019.