PII ranks #1228 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PII is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.
PII is a top-conviction position for Divisar Capital Management LLC — at 8.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PII belongs to BlackRock, Inc., but the position matters far more to Divisar Capital Management LLC, who has 8.3% 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.
California State Teachers Retirement System has added to its PII position for two straight quarters, increasing it by $58.6M to reach $61.9M today.
Capital World Investors has trimmed its PII position for two straight quarters, cutting it by $299.5M while still holding $110.1M.
PII is down 3.9% today, but institutions show net buying of $104.0M this quarter — a divergence between today's price move and the underlying institutional flow.