Perma-Pipe International
PPIH
25 hedge funds and large institutions have $17.9M invested in Perma-Pipe International in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 2 closing their positions.
2.32% less ownership
Funds ownership: 30.43% → 28.1% (-2.3%)
4% less funds holding
Funds holding: 26 → 25 (-1)
8% less capital invested
Capital invested by funds: $19.4M → $17.9M (-$1.48M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
+$121K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.8K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$6.5K |
| 4 |
JP Morgan Chase
New York
|
+$40 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
IMS Capital Management
Portland,
Oregon
|
-$624K |
| 2 |
Morgan Stanley
New York
|
-$547K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$199K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$83.3K |
| 5 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
-$62.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
26
IMS Capital Management
Portland,
Oregon
| – | -$624K | -80,100 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$40 | -5 | Closed |
|
PPIH Hedge Fund Activity: Q1 2024 in Review
25 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q1 2024, worth a combined $17.9M — down 7.7% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PPIH and 1 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 4 added.
The largest buyer was Arlington Financial Advisors, opening a new position worth an estimated $121K. The largest seller was IMS Capital Management, exiting entirely with an estimated $624K sold.
- 25 institutional investors held Perma-Pipe International (PPIH) as of Q1 2024, down from 26 in Q4 2023.
- Funds reported $17.9M of Perma-Pipe International stock for Q1 2024, down 7.7% quarter-over-quarter.
- 1 fund opened new Perma-Pipe International positions in Q1 2024 and 2 closed out, a net change of -1 holder.
- The largest Perma-Pipe International buyer in Q1 2024 was Arlington Financial Advisors, an estimated $121K added.
- The largest Perma-Pipe International seller in Q1 2024 was IMS Capital Management, an estimated $624K sold.
Based on aggregated 13F filings for Q1 2024.