Perma-Pipe International
PPIH
23 hedge funds and large institutions have $15.7M invested in Perma-Pipe International in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
3.02% less ownership
Funds ownership: 37.04% → 34.02% (-3%)
6% less capital invested
Capital invested by funds: $16.7M → $15.7M (-$1.03M)
21% less funds holding
Funds holding: 29 → 23 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$173K |
| 2 |
SRC
Shufro Rose & Co
New York
|
+$72.6K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$46.6K |
| 4 |
Renaissance Technologies
New York
|
+$31.7K |
| 5 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$30.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.09M |
| 2 |
Morgan Stanley
New York
|
-$297K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$100K |
| 4 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
-$42K |
| 5 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
-$11K |
PPIH Hedge Fund Activity: Q3 2020 in Review
23 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q3 2020, worth a combined $15.7M — down 6.2% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PPIH and 1 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $173K. The largest seller was Cannell Capital, cutting an estimated $1.09M.
- 23 institutional investors held Perma-Pipe International (PPIH) as of Q3 2020, down from 29 in Q2 2020.
- Funds reported $15.7M of Perma-Pipe International stock for Q3 2020, down 6.2% quarter-over-quarter.
- 1 fund opened new Perma-Pipe International positions in Q3 2020 and 7 closed out, a net change of -6 holders.
- The largest Perma-Pipe International buyer in Q3 2020 was Bridgeway Capital Management, an estimated $173K added.
- The largest Perma-Pipe International seller in Q3 2020 was Cannell Capital, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2020.