People Inc
PPLI
475 hedge funds and large institutions have $8.59B invested in People Inc in 2020 Q3 according to their latest regulatory filings, with 132 funds opening new positions, 34 increasing their positions, 309 reducing their positions, and 107 closing their positions.
23% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 107
5% more funds holding
Funds holding: 453 → 475 (+22)
21% less call options, than puts
Call options by funds: $112M | Put options by funds: $141M
49% less funds holding in top 10
Funds holding in top 10: 49 → 25 (-24)
59% less capital invested
Capital invested by funds: $20.8B → $8.59B (-$12.2B)
89% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 309
312.45% less ownership
Funds ownership: 478.01% → 165.56% (-312%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$847M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$277M |
| 3 |
State Street
Boston,
Massachusetts
|
+$202M |
| 4 |
Morgan Stanley
New York
|
+$165M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.1B |
| 2 |
BlackRock
New York
|
-$1.26B |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$902M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$814M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$793M |
PPLI Hedge Fund Activity: Q3 2020 in Review
475 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in People Inc (PPLI) for Q3 2020, worth a combined $8.59B — down 59% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new PPLI positions and 107 closed out — a net gain of 25 holders — while 34 added to existing stakes and 309 trimmed.
The largest buyer was Vanguard Group, adding an estimated $847M. The largest seller was T. Rowe Price Associates, cutting an estimated $4.1B.
- 475 institutional investors held People Inc (PPLI) as of Q3 2020, up from 453 in Q2 2020.
- Funds reported $8.59B of People Inc stock for Q3 2020, down 59% quarter-over-quarter.
- 132 funds opened new People Inc positions in Q3 2020 and 107 closed out, a net change of +25 holders.
- The largest People Inc buyer in Q3 2020 was Vanguard Group, an estimated $847M added.
- The largest People Inc seller in Q3 2020 was T. Rowe Price Associates, an estimated $4.1B sold.
Based on aggregated 13F filings for Q3 2020.