Perma-Pipe International
PPIH
24 hedge funds and large institutions have $22.6M invested in Perma-Pipe International in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
45% more capital invested
Capital invested by funds: $15.6M → $22.6M (+$6.97M)
5.79% more ownership
Funds ownership: 20.62% → 26.42% (+5.8%)
4% less funds holding
Funds holding: 25 → 24 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
+$186K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$172K |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$74.6K |
| 4 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
+$52K |
| 5 |
Morgan Stanley
New York
|
+$29.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$568K |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$173K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$22K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16.8K |
| 5 |
BlackRock
New York
|
-$7.32K |
PPIH Hedge Fund Activity: Q1 2023 in Review
24 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q1 2023, worth a combined $22.6M — up 45% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PPIH and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 9 added.
The largest buyer was Independent Financial Group, adding an estimated $186K. The largest seller was Baird Financial Group, cutting an estimated $568K.
- 24 institutional investors held Perma-Pipe International (PPIH) as of Q1 2023, down from 25 in Q4 2022.
- Funds reported $22.6M of Perma-Pipe International stock for Q1 2023, up 45% quarter-over-quarter.
- 1 fund opened new Perma-Pipe International positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Perma-Pipe International buyer in Q1 2023 was Independent Financial Group, an estimated $186K added.
- The largest Perma-Pipe International seller in Q1 2023 was Baird Financial Group, an estimated $568K sold.
Based on aggregated 13F filings for Q1 2023.