Perma-Pipe International
PPIH
26 hedge funds and large institutions have $19.4M invested in Perma-Pipe International in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
1.03% less ownership
Funds ownership: 31.46% → 30.43% (-1%)
4% less funds holding
Funds holding: 27 → 26 (-1)
6% less capital invested
Capital invested by funds: $20.7M → $19.4M (-$1.34M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$623K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$170K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$101K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.79K |
| 5 |
Renaissance Technologies
New York
|
+$6.34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$1.14M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$272K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$84.8K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.1K |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$10.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $7 | – | – | – |
|
|
IFG
27
Independent Financial Group
San Diego,
California
| – | -$272K | -33,275 | Closed |
|
|
28
EARNEST Partners
Atlanta,
Georgia
| – | -$10.6K | -1,300 | Closed |
|
PPIH Hedge Fund Activity: Q4 2023 in Review
26 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q4 2023, worth a combined $19.4M — down 6.5% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PPIH and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $623K. The largest seller was Wedbush Securities, cutting an estimated $1.14M.
- 26 institutional investors held Perma-Pipe International (PPIH) as of Q4 2023, down from 27 in Q3 2023.
- Funds reported $19.4M of Perma-Pipe International stock for Q4 2023, down 6.5% quarter-over-quarter.
- 1 fund opened new Perma-Pipe International positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest Perma-Pipe International buyer in Q4 2023 was Morgan Stanley, an estimated $623K added.
- The largest Perma-Pipe International seller in Q4 2023 was Wedbush Securities, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2023.