Perma-Pipe International
PPIH
26 hedge funds and large institutions have $15.6M invested in Perma-Pipe International in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 3 closing their positions.
2.66% more ownership
Funds ownership: 24.13% → 26.79% (+2.7%)
4% less funds holding
Funds holding: 27 → 26 (-1)
14% less capital invested
Capital invested by funds: $18.2M → $15.6M (-$2.63M)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$282K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.38K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.65K |
| 4 |
BlackRock
New York
|
+$2.57K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.26K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$143K |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$142K |
| 3 |
Bank of New York Mellon
New York
|
-$96K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$45K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$23.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $7 | – | – | – |
|
|
27
Bank of New York Mellon
New York
| – | -$96K | -10,148 | Closed |
|
PPIH Hedge Fund Activity: Q4 2022 in Review
26 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q4 2022, worth a combined $15.6M — down 14% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PPIH and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 6 added.
The largest buyer was Cannell Capital, adding an estimated $282K. The largest seller was Renaissance Technologies, cutting an estimated $143K.
- 26 institutional investors held Perma-Pipe International (PPIH) as of Q4 2022, down from 27 in Q3 2022.
- Funds reported $15.6M of Perma-Pipe International stock for Q4 2022, down 14% quarter-over-quarter.
- 2 funds opened new Perma-Pipe International positions in Q4 2022 and 3 closed out, a net change of -1 holder.
- The largest Perma-Pipe International buyer in Q4 2022 was Cannell Capital, an estimated $282K added.
- The largest Perma-Pipe International seller in Q4 2022 was Renaissance Technologies, an estimated $143K sold.
Based on aggregated 13F filings for Q4 2022.