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A Look at Institutional Activity in PPL in Q1 2018

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May. 28 2018, Updated 6:34 a.m. ET

Institutional activity in PPL

In this part of the series, we’ll see how institutional investors played out their holdings in PPL Corporation (PPL) in the first quarter. The largest institutional investor in PPL was the Vanguard Group, which held 7.4%, or 51.4 million, of PPL’s total outstanding shares at the end of the first quarter. It added net 1 million shares during the quarter.

Among the notable additions was BlackRock Institutional Trust’s addition of net 7.6 million shares of PPL in the first quarter, which took its total stake to 6.8%.

According to its recent 13F filing, Fidelity Management added a noteworthy 7.8 million shares of PPL during the first quarter and took its total holdings to 3.5%. It held a 2.4% stake in PPL at the end of the fourth quarter.

Invesco Advisers sold net 1 million shares in the first quarter and held 2.7% of PPL’s total outstanding shares. It held 2.9% of PPL’s total outstanding shares in the fourth quarter.

To read about institutional activity in utilities (XLU) during the first quarter, be sure to read Institutional Investors Happy with S&P 500 Utilities, Up Stakes.

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