PPL Corp
650 hedge funds and large institutions have $15.3B invested in PPL Corp in 2014 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 295 increasing their positions, 198 reducing their positions, and 34 closing their positions.
113% more call options, than puts
Call options by funds: $53.4M | Put options by funds: $25.1M
49% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 198
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
0% more funds holding
Funds holding: 649 → 650 (+1)
4.15% less ownership
Funds ownership: 79.24% → 75.09% (-4.1%)
8% less capital invested
Capital invested by funds: $16.6B → $15.3B (-$1.3B)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$107M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$71.7M |
| 3 |
First Eagle Investment Management
New York
|
+$52.1M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$36.1M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$129M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$94.9M |
| 3 |
Millennium Management
New York
|
-$91.5M |
| 4 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$46.4M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$43.9M |
PPL Hedge Fund Activity: Q3 2014 in Review
650 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in PPL Corp (PPL) for Q3 2014, worth a combined $15.3B — down 7.9% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PPL positions and 34 closed out — a net gain of 6 holders — while 295 added to existing stakes and 198 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $107M. The largest seller was T. Rowe Price Associates, cutting an estimated $129M.
- 650 institutional investors held PPL Corp (PPL) as of Q3 2014, up from 649 in Q2 2014.
- Funds reported $15.3B of PPL Corp stock for Q3 2014, down 7.9% quarter-over-quarter.
- 40 funds opened new PPL Corp positions in Q3 2014 and 34 closed out, a net change of +6 holders.
- The largest PPL Corp buyer in Q3 2014 was Hotchkis & Wiley Capital Management, an estimated $107M added.
- The largest PPL Corp seller in Q3 2014 was T. Rowe Price Associates, an estimated $129M sold.
Based on aggregated 13F filings for Q3 2014.