Perrigo
PRGO
381 hedge funds and large institutions have $7.1B invested in Perrigo in 2017 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 138 increasing their positions, 144 reducing their positions, and 116 closing their positions.
2.51% more ownership
Funds ownership: 72.09% → 74.6% (+2.5%)
4% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 144
16% less funds holding
Funds holding: 455 → 381 (-74)
17% less capital invested
Capital invested by funds: $8.6B → $7.1B (-$1.5B)
18% less call options, than puts
Call options by funds: $106M | Put options by funds: $129M
57% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 116
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$901M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$289M |
| 3 |
GC
Greenlight Capital
New York
|
+$129M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$90.9M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$84.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$168M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$108M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$78.3M |
| 4 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
-$65.2M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$53.1M |
PRGO Hedge Fund Activity: Q1 2017 in Review
381 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q1 2017, worth a combined $7.1B — down 17% from $8.6B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of PRGO and 50 opened new positions — a net loss of 66 holders — while 144 trimmed existing stakes and 138 added.
The largest buyer was BlackRock, adding an estimated $901M. The largest seller was Sound Shore Management, exiting entirely with an estimated $168M sold.
- 381 institutional investors held Perrigo (PRGO) as of Q1 2017, down from 455 in Q4 2016.
- Funds reported $7.1B of Perrigo stock for Q1 2017, down 17% quarter-over-quarter.
- 50 funds opened new Perrigo positions in Q1 2017 and 116 closed out, a net change of -66 holders.
- The largest Perrigo buyer in Q1 2017 was BlackRock, an estimated $901M added.
- The largest Perrigo seller in Q1 2017 was Sound Shore Management, an estimated $168M sold.
Based on aggregated 13F filings for Q1 2017.