Institutional investors in PPL
According to a recent report, the top institutional investors in PPL (PPL) added big positions in 3Q17. The Vanguard Group added net 1.08 million shares and held a 7.2% stake in PPL at the end of 3Q17.
BlackRock Institutional Trust, the second-largest institutional investor in PPL, held 5.6% of PPL’s total outstanding shares at the end of 3Q17.
Markedly, the top five institutional investors in PPL all increased their stakes in the utility in 3Q17.
Fidelity Management and Research Company sold net 1.65 million shares of PPL during 3Q17. It held 2.17% of its total outstanding shares.
You can learn more about institutional investors’ holdings in top Utilities (XLU) in 3Q17 in Institutional Activity in the Top S&P 500 Utilities in 3Q17