Perrigo
PRGO
409 hedge funds and large institutions have $8.3B invested in Perrigo in 2018 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 155 increasing their positions, 135 reducing their positions, and 63 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 135
2.2% more ownership
Funds ownership: 79.7% → 81.9% (+2.2%)
4% less funds holding
Funds holding: 426 → 409 (-17)
11% less capital invested
Capital invested by funds: $9.36B → $8.3B (-$1.06B)
19% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 63
45% less call options, than puts
Call options by funds: $77.2M | Put options by funds: $141M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$368M |
| 2 |
D.E. Shaw & Co
New York
|
+$67.1M |
| 3 |
Renaissance Technologies
New York
|
+$47.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$46.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$238M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$169M |
| 3 |
Millennium Management
New York
|
-$108M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$49M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$38.5M |
PRGO Hedge Fund Activity: Q2 2018 in Review
409 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q2 2018, worth a combined $8.3B — down 11% from $9.36B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of PRGO and 51 opened new positions — a net loss of 12 holders — while 135 trimmed existing stakes and 155 added.
The largest buyer was Fidelity Investments, adding an estimated $368M. The largest seller was T. Rowe Price Associates, cutting an estimated $238M.
- 409 institutional investors held Perrigo (PRGO) as of Q2 2018, down from 426 in Q1 2018.
- Funds reported $8.3B of Perrigo stock for Q2 2018, down 11% quarter-over-quarter.
- 51 funds opened new Perrigo positions in Q2 2018 and 63 closed out, a net change of -12 holders.
- The largest Perrigo buyer in Q2 2018 was Fidelity Investments, an estimated $368M added.
- The largest Perrigo seller in Q2 2018 was T. Rowe Price Associates, an estimated $238M sold.
Based on aggregated 13F filings for Q2 2018.