PPG Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own PPG shares is 1461, representing 85.19% of the company's common stock.

MASSACHUSETTS FINANCIAL SERVICES CO /MA/, in the last quarter, reduced its stake in PPG by -6.57% restricting it's holding to 7.48 million shares of worth nearly $1.08B. VIKING GLOBAL INVESTORS LP also lessened -36.07% of the PPG shares from its portfolio, reducing its holding to 619.43 thousand shares of worth $89.76M. STATE STREET CORP also shunned PPG shares holding by -3.88% last quarter which brought its holding to 10.92 million shares worth $1.58B.

As per its latest 13F filing, KOVITZ INVESTMENT GROUP PARTNERS, LLC increased its stake in PPG by 37.96% in the last quarter. The institutional holder raised its holding to 642.91 thousand shares having worth more than $93.16M. MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. also added 13.64% more shares of PPG to its portfolio, raising its holding to 350.28 thousand shares of worth $50.73M. BNP PARIBAS ARBITRAGE, SNC also increased its PPG shares holding by 151.73% which brought its holding to 332.22 thousand shares worth $48.14M.

The insider with the most stakes in PPG is BUNCH CHARLES E , Executive Chairman of Board at the company. Additionally, PPG stock is highly held by Executive Chairman MCGARRY MICHAEL H and Sr. VP, Automotive Coatings NIEKAMP CYNTHIA A among others.

Company executives, directors, and other insiders own 0.2% percent of PPG Industries, Inc.'s stock. Within the last six months, there have been 1 transaction(s) in which PPG insiders have sold stock, totaling 1.99K shares. Insiders that have sold shares include FOULKES ANNE M., MORALES VINCENT J, and MCGARRY MICHAEL H.

There have been 0 transaction(s) during the past 6-months in which PPG Industries, Inc. insiders have bought stock, totalling 0 shares

Around 13.45K PPG Industries, Inc. shares are held by insiders, which represents about 0.2% of PPG stock.

PPG Executive Chairman of Board, BUNCH CHARLES E holds the largest portfolio of the company's shares. PPG shares owned by BUNCH total nearly 732.91 thousand.

KOVITZ INVESTMENT GROUP PARTNERS, LLC is the largest institutional owner in PPG which holds 642.91 thousand shares worth $93.16M or 0.27% of the total PPG shares outstanding followed by MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. with ownership of 350.28 thousand shares representing 0.15% of the PPG ownership. BNP PARIBAS ARBITRAGE, SNC is the third largest stakeholder with 332.22 thousand shares or 0.14% of the ownership worth more than $48.14M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the PPG is concerned, it is a stock which is optionable.

Number of PPG shares short is 5.41M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 232.00M shares of PPG are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, PPG has 231.22M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for PPG is 2.43.