Perrigo
PRGO
352 hedge funds and large institutions have $6B invested in Perrigo in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 125 increasing their positions, 101 reducing their positions, and 34 closing their positions.
139% more call options, than puts
Call options by funds: $56.9M | Put options by funds: $23.8M
97% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 34
24% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 101
10% more funds holding
Funds holding: 320 → 352 (+32)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.41% less ownership
Funds ownership: 87.66% → 85.25% (-2.4%)
10% less capital invested
Capital invested by funds: $6.66B → $6B (-$664M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$88.9M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$69.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$34M |
| 4 |
BlackRock
New York
|
+$23.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$229M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$192M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$35.9M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$34M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$14.9M |
PRGO Hedge Fund Activity: Q4 2019 in Review
352 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q4 2019, worth a combined $6B — down 10% from $6.66B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PRGO positions and 34 closed out — a net gain of 33 holders — while 125 added to existing stakes and 101 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $88.9M. The largest seller was Starboard Value, exiting entirely with an estimated $229M sold.
- 352 institutional investors held Perrigo (PRGO) as of Q4 2019, up from 320 in Q3 2019.
- Funds reported $6B of Perrigo stock for Q4 2019, down 10% quarter-over-quarter.
- 67 funds opened new Perrigo positions in Q4 2019 and 34 closed out, a net change of +33 holders.
- The largest Perrigo buyer in Q4 2019 was T. Rowe Price Associates, an estimated $88.9M added.
- The largest Perrigo seller in Q4 2019 was Starboard Value, an estimated $229M sold.
Based on aggregated 13F filings for Q4 2019.