PDM ranks #2472 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PDM is a top-conviction position for Wilsey Asset Management Inc — at 6.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PDM belongs to BlackRock, Inc., but the position matters far more to Wilsey Asset Management Inc, who has 6.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Two Sigma Investments, LP has added to its PDM position for two straight quarters, increasing it by $13.6M to reach $18.1M today.
Prudential Financial Inc has trimmed its PDM position for two straight quarters, cutting it by $22.0M while still holding $2.4M.
PDM is up 1.7% today, and institutions have been net buyers of $117.5M this quarter — today's price move and the underlying institutional flow are pointing the same direction.