Perma-Pipe International
PPIH
27 hedge funds and large institutions have $18.9M invested in Perma-Pipe International in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 3 closing their positions.
2.23% more ownership
Funds ownership: 35.57% → 37.8% (+2.2%)
4% less funds holding
Funds holding: 28 → 27 (-1)
30% less capital invested
Capital invested by funds: $26.8M → $18.9M (-$7.92M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.59M |
| 2 |
SRC
Shufro Rose & Co
New York
|
+$129K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$58.5K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$19.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$1.61M |
| 2 |
Morgan Stanley
New York
|
-$280K |
| 3 |
Renaissance Technologies
New York
|
-$139K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$95.3K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$93.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $1K | +$1.14K | +132 | +1,467% |
|
|
AA
27
Ancora Advisors
Cleveland,
Ohio
| – | -$12K | -1,250 | Closed |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$6K | -646 | Closed |
|
|
TCWM
29
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$3K | -300 | Closed |
|
PPIH Hedge Fund Activity: Q1 2020 in Review
27 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q1 2020, worth a combined $18.9M — down 30% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PPIH and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 5 added.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $3.59M. The largest seller was Wedbush Securities, cutting an estimated $1.61M.
- 27 institutional investors held Perma-Pipe International (PPIH) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $18.9M of Perma-Pipe International stock for Q1 2020, down 30% quarter-over-quarter.
- 2 funds opened new Perma-Pipe International positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest Perma-Pipe International buyer in Q1 2020 was Baird Financial Group, an estimated $3.59M added.
- The largest Perma-Pipe International seller in Q1 2020 was Wedbush Securities, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2020.