PPG ranks #407 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
1099 institutions disclose a position in PPG, but none treat it as a major bet — even Beutel, Goodman & Co Ltd., its most concentrated holder, allocates just 2.9% of its own portfolio to it.
BlackRock has added to its PPG position for two straight quarters, increasing it by $471.0M to reach $2.9B today.
Wellington Management Group LLP has trimmed its PPG position for two straight quarters, cutting it by $333.4M while still holding $1.0B.
PPG is down 0.8% today, but institutions show net buying of $6.0B this quarter — a divergence between today's price move and the underlying institutional flow.