Perrigo
PRGO
320 hedge funds and large institutions have $6.66B invested in Perrigo in 2019 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 121 increasing their positions, 100 reducing their positions, and 36 closing their positions.
117% more call options, than puts
Call options by funds: $74.2M | Put options by funds: $34.3M
21% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 100
16% more capital invested
Capital invested by funds: $5.75B → $6.66B (+$909M)
14% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 36
1% more funds holding
Funds holding: 316 → 320 (+4)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.17% less ownership
Funds ownership: 88.84% → 87.66% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$138M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$56M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$47.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$46.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$303M |
| 2 |
Two Sigma Investments
New York
|
-$29.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.3M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$19.6M |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$15.6M |
PRGO Hedge Fund Activity: Q3 2019 in Review
320 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q3 2019, worth a combined $6.66B — up 16% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PRGO positions and 36 closed out — a net gain of 5 holders — while 121 added to existing stakes and 100 trimmed.
The largest buyer was Sound Shore Management, opening a new position worth an estimated $138M. The largest seller was Starboard Value, cutting an estimated $303M.
- 320 institutional investors held Perrigo (PRGO) as of Q3 2019, up from 316 in Q2 2019.
- Funds reported $6.66B of Perrigo stock for Q3 2019, up 16% quarter-over-quarter.
- 41 funds opened new Perrigo positions in Q3 2019 and 36 closed out, a net change of +5 holders.
- The largest Perrigo buyer in Q3 2019 was Sound Shore Management, an estimated $138M added.
- The largest Perrigo seller in Q3 2019 was Starboard Value, an estimated $303M sold.
Based on aggregated 13F filings for Q3 2019.