PL ranks #1207 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PL is a disclosed holding of Jane Street (Jane Street Group), one of the tracked superinvestors on AlphaSMO — it makes up 0.0% of that fund's own 13F portfolio.
488 institutions disclose a position in PL, but none treat it as a major bet — even Driehaus Capital Management LLC, its most concentrated holder, allocates just 1.3% of its own portfolio to it.
Alphabet Inc. has added to its PL position for two straight quarters, increasing it by $537.9M to reach $1.2B today.
Peak6 LLC has trimmed its PL position for two straight quarters, cutting it by $29.6M while still holding $3.0M.
PL is up 3.8% today, and institutions have been net buyers of $969.5M this quarter — today's price move and the underlying institutional flow are pointing the same direction.