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PPLI

People Inc

356 hedge funds and large institutions have $3.44B invested in People Inc in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 106 increasing their positions, 137 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more call options, than puts

Call options by funds: $28.7M | Put options by funds: $19.7M

2.17% less ownership

Funds ownership: 106.11%103.95% (-2.2%)

4% less funds holding

Funds holding: 372356 (-16)

21% less capital invested

Capital invested by funds: $4.36B → $3.44B (-$923M)

23% less repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 137

24% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 51

32% less funds holding in top 10

Funds holding in top 10: 1913 (-6)

Holders
356
Holders Change
-16
Holders Change %
-4.3%
% of All Funds
5.65%
Holding in Top 10
13
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-31.58%
% of All Funds
0.21%
New
39
Increased
106
Reduced
137
Closed
51
Calls
$28.7M
Puts
$19.7M
Net Calls
+$9.01M
Net Calls Change
-$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$370M -$3.5M -72,211 -0.8%
JP Morgan Chase
2
JP Morgan Chase
New York
$279M -$42.8K -882 -0%
SP
3
ShawSpring Partners
Massachusetts
$185M -$29.7M -612,915 -12%
BlackRock
4
BlackRock
New York
$165M -$9.06M -186,823 -4%
DSA
5
Davis Selected Advisers
Arizona
$149M +$25.3M +521,811 +17%
SAM
6
Southeastern Asset Management
Tennessee
$117M -$13.9M -287,001 -9%
UBS AM
7
UBS AM
Illinois
$85M +$22.3M +460,554 +29%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$74.1M +$5.53M +113,936 +7%
TSW
9
Thompson Siegel & Walmsley
Virginia
$72.4M +$6.38M +131,503 +8%
FCM
10
Freshford Capital Management
New York
$69.9M -$6.8M -140,075 -8%
First Manhattan
11
First Manhattan
New York
$67.1M -$7.17M -147,862 -8%
PCM
12
Patient Capital Management
Maryland
$63.9M +$34.6M +712,296 +85%
CM
13
Corvex Management
New York
$63.8M +$23.4M +483,165 +46%
State Street
14
State Street
Massachusetts
$61.7M -$1.79M -36,905 -2%
HCL
15
Heard Capital LLC
Illinois
$57.8M +$939K +19,352 +1%
ACH
16
ArrowMark Colorado Holdings
Colorado
$56.6M +$21.6M +444,444 +48%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$54.8M -$3.86M -79,629 -6%
TCM
18
TimesSquare Capital Management
New York
$52.1M +$24.5M +503,983 +67%
Artisan Partners
19
Artisan Partners
Wisconsin
$48.6M -$1.92M -39,507 -3%
HCM
20
Harspring Capital Management
New York
$47.3M -$12.5M -257,818 -18%
NM
21
Newtyn Management
New York
$46.9M +$1.77M +36,570 +3%
WA
22
Whitebox Advisors
Minnesota
$45M +$10.4M +214,679 +25%
DCP
23
Durable Capital Partners
Maryland
$44.7M -$6.21M -128,062 -11%
Schroder Investment Management Group
24
Schroder Investment Management Group
United Kingdom
$42M -$1.67M -34,505 -3%
Morgan Stanley
25
Morgan Stanley
New York
$41.6M +$199K +4,097 +0.4%

PPLI Hedge Fund Activity: Q3 2023 in Review

356 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in People Inc (PPLI) for Q3 2023, worth a combined $3.44B — down 21% from $4.36B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of PPLI and 39 opened new positions — a net loss of 12 holders — while 137 trimmed existing stakes and 106 added.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $44.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $151M.

  • 356 institutional investors held People Inc (PPLI) as of Q3 2023, down from 372 in Q2 2023.
  • Funds reported $3.44B of People Inc stock for Q3 2023, down 21% quarter-over-quarter.
  • 39 funds opened new People Inc positions in Q3 2023 and 51 closed out, a net change of -12 holders.
  • The largest People Inc buyer in Q3 2023 was Point72 Asset Management, an estimated $44.5M added.
  • The largest People Inc seller in Q3 2023 was T. Rowe Price Associates, an estimated $151M sold.

Based on aggregated 13F filings for Q3 2023.