Perrigo
PRGO
540 hedge funds and large institutions have $14B invested in Perrigo in 2016 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 239 increasing their positions, 172 reducing their positions, and 94 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 172
5.4% more ownership
Funds ownership: 71.81% → 77.21% (+5.4%)
4% less funds holding
Funds holding: 561 → 540 (-21)
8% less capital invested
Capital invested by funds: $15.2B → $14B (-$1.19B)
15% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 94
45% less funds holding in top 10
Funds holding in top 10: 22 → 12 (-10)
53% less call options, than puts
Call options by funds: $71.8M | Put options by funds: $153M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.11B |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$239M |
| 3 |
Goldman Sachs
New York
|
+$206M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$186M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$155M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$256M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$242M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$181M |
| 4 |
Morgan Stanley
New York
|
-$164M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$144M |
PRGO Hedge Fund Activity: Q1 2016 in Review
540 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q1 2016, worth a combined $14B — down 7.9% from $15.2B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of PRGO and 80 opened new positions — a net loss of 14 holders — while 172 trimmed existing stakes and 239 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $1.11B. The largest seller was Fidelity Investments, cutting an estimated $256M.
- 540 institutional investors held Perrigo (PRGO) as of Q1 2016, down from 561 in Q4 2015.
- Funds reported $14B of Perrigo stock for Q1 2016, down 7.9% quarter-over-quarter.
- 80 funds opened new Perrigo positions in Q1 2016 and 94 closed out, a net change of -14 holders.
- The largest Perrigo buyer in Q1 2016 was Capital Research Global Investors, an estimated $1.11B added.
- The largest Perrigo seller in Q1 2016 was Fidelity Investments, an estimated $256M sold.
Based on aggregated 13F filings for Q1 2016.