Perma-Pipe International
PPIH
29 hedge funds and large institutions have $16.7M invested in Perma-Pipe International in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
7% more funds holding
Funds holding: 27 → 29 (+2)
0.77% less ownership
Funds ownership: 37.8% → 37.04% (-0.77%)
11% less capital invested
Capital invested by funds: $18.9M → $16.7M (-$2.17M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
+$173K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$106K |
| 3 |
BlackRock
New York
|
+$38.3K |
| 4 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$11.4K |
| 5 |
Renaissance Technologies
New York
|
+$6.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$276K |
| 2 |
Morgan Stanley
New York
|
-$188K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$57.8K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$42.3K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$20.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Victory Capital Management
San Antonio,
Texas
| – | -$14K | -2,312 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$1K | -141 | Closed |
|
28
JP Morgan Chase
New York
| – | +$35 | +6 | New |
|
29
Barclays
London,
United Kingdom
| – | +$64 | +11 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$110 | +19 | New |
|
PPIH Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q2 2020, worth a combined $16.7M — down 11% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PPIH positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Wedbush Securities, adding an estimated $173K. The largest seller was Cannell Capital, cutting an estimated $276K.
- 29 institutional investors held Perma-Pipe International (PPIH) as of Q2 2020, up from 27 in Q1 2020.
- Funds reported $16.7M of Perma-Pipe International stock for Q2 2020, down 11% quarter-over-quarter.
- 5 funds opened new Perma-Pipe International positions in Q2 2020 and 2 closed out, a net change of +3 holders.
- The largest Perma-Pipe International buyer in Q2 2020 was Wedbush Securities, an estimated $173K added.
- The largest Perma-Pipe International seller in Q2 2020 was Cannell Capital, an estimated $276K sold.
Based on aggregated 13F filings for Q2 2020.