PPL Corp
619 hedge funds and large institutions have $12.6B invested in PPL Corp in 2013 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 223 increasing their positions, 218 reducing their positions, and 35 closing their positions.
167% more call options, than puts
Call options by funds: $90.1M | Put options by funds: $33.8M
123% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 35
7% more funds holding
Funds holding: 580 → 619 (+39)
2% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 218
3% less capital invested
Capital invested by funds: $13B → $12.6B (-$373M)
1.25% less ownership
Funds ownership: 72.81% → 71.56% (-1.3%)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$98.4M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$49.3M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$43.4M |
| 4 |
Renaissance Technologies
New York
|
+$37.6M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$172M |
| 2 |
LPPI
LS Power Partners II
New York
|
-$154M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$66.8M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$65.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$35.8M |
PPL Hedge Fund Activity: Q4 2013 in Review
619 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in PPL Corp (PPL) for Q4 2013, worth a combined $12.6B — down 2.9% from $13B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new PPL positions and 35 closed out — a net gain of 43 holders — while 223 added to existing stakes and 218 trimmed.
The largest buyer was Prudential Financial, adding an estimated $98.4M. The largest seller was Goldman Sachs, cutting an estimated $172M.
- 619 institutional investors held PPL Corp (PPL) as of Q4 2013, up from 580 in Q3 2013.
- Funds reported $12.6B of PPL Corp stock for Q4 2013, down 2.9% quarter-over-quarter.
- 78 funds opened new PPL Corp positions in Q4 2013 and 35 closed out, a net change of +43 holders.
- The largest PPL Corp buyer in Q4 2013 was Prudential Financial, an estimated $98.4M added.
- The largest PPL Corp seller in Q4 2013 was Goldman Sachs, an estimated $172M sold.
Based on aggregated 13F filings for Q4 2013.