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PPIH

Perma-Pipe International

44 hedge funds and large institutions have $71.7M invested in Perma-Pipe International in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $2.42M | Put options by funds: $1.23M

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

75% more capital invested

Capital invested by funds: $40.9M → $71.7M (+$30.8M)

7% more funds holding

Funds holding: 4144 (+3)

1.54% less ownership

Funds ownership: 41.22%39.68% (-1.5%)

55% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 20

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
9
Reduced
20
Closed
5
Calls
$2.42M
Puts
$1.23M
Net Calls
+$1.19M
Net Calls Change
+$1.22M
Name Holding Trade Value Shares
Change
Change in
Stake
Raymond James Financial
1
Raymond James Financial
Florida
$14.8M -$135K -9,336 -1%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$10.9M -$62K -4,297 -0.9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.66M +$82.2K +5,701 +2%
WS
4
Wedbush Securities
California
$6.39M -$1.25M -86,453 -24%
CSC
5
Caldwell Sutter Capital
California
$5.52M +$217K +15,058 +7%
Renaissance Technologies
6
Renaissance Technologies
New York
$4.12M -$114K -7,900 -4%
Morgan Stanley
7
Morgan Stanley
New York
$2.98M -$16.7K -1,156 -0.9%
CC
8
Cannell Capital
Wyoming
$2.15M -$233K -16,190 -15%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$1.94M +$1.8K +125 +0.1%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$1.67M
BCM
11
Bridgeway Capital Management
Texas
$1.47M +$39.1K +2,711 +4%
American Century Companies
12
American Century Companies
Missouri
$1.31M
THC
13
Truffle Hound Capital
Maryland
$938K +$591K +41,000 New
SRC
14
Shufro Rose & Co
New York
$870K
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$856K -$6.49K -450 -1%
Northern Trust
16
Northern Trust
Illinois
$816K -$15.3K -1,063 -3%
EI
17
EAM Investors
California
$800K -$178K -12,335 -26%
BlackRock
18
BlackRock
New York
$717K -$142K -9,860 -24%
State Street
19
State Street
Massachusetts
$674K
FLPIM
20
F.L. Putnam Investment Management
Massachusetts
$573K -$72.1K -5,000 -17%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$531K +$82.1K +5,696 +32%
EF
22
Empowered Funds
Pennsylvania
$503K +$27.6K +1,911 +10%
FFB
23
First Financial Bankshares
Texas
$503K +$317K +22,000 New
Baird Financial Group
24
Baird Financial Group
Wisconsin
$374K -$184K -12,785 -44%
Millennium Management
25
Millennium Management
New York
$299K +$189K +13,085 New

PPIH Hedge Fund Activity: Q2 2025 in Review

44 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Perma-Pipe International (PPIH) for Q2 2025, worth a combined $71.7M — up 75% from $40.9M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PPIH positions and 5 closed out — a net gain of 4 holders — while 9 added to existing stakes and 20 trimmed.

The largest buyer was Truffle Hound Capital, opening a new position worth an estimated $591K. The largest seller was Wedbush Securities, cutting an estimated $1.25M.

  • 44 institutional investors held Perma-Pipe International (PPIH) as of Q2 2025, up from 41 in Q1 2025.
  • Funds reported $71.7M of Perma-Pipe International stock for Q2 2025, up 75% quarter-over-quarter.
  • 9 funds opened new Perma-Pipe International positions in Q2 2025 and 5 closed out, a net change of +4 holders.
  • The largest Perma-Pipe International buyer in Q2 2025 was Truffle Hound Capital, an estimated $591K added.
  • The largest Perma-Pipe International seller in Q2 2025 was Wedbush Securities, an estimated $1.25M sold.

Based on aggregated 13F filings for Q2 2025.