PPL CAP FDG INC
BOND
CUSIP: 69352PAS2
Institutional Holders77
Total Institutional Value$1,002,640,283
Total Shares Held920,606,389
Avg Position$13,021,302
Top 5 Holders %40.4%
Alpha-Weighted Score61.7
New Positions+12
Exited Positions-6
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| CALAMOS ADVISORS LLC | High Conviction | Significant Flow | $144,688,499 (14.4%) | 131,729,000 | 4.6% |
| ADVENT CAPITAL MANAGEMENT /DE/ | Moderate Conviction | Low Flow | $74,848,723 (7.5%) | 67,596,000 | -15.0% |
| SCULPTOR CAPITAL LP | Moderate Conviction | Moderate Flow | $69,161,693 (6.9%) | 62,967,000 | 10.1% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $61,444,545 (6.1%) | 55,987,000 | -5.0% |
| POLAR SECURITIES INC. | High Conviction | Moderate Flow | $54,894,650 (5.5%) | 50,000,000 | 37.3% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $47,741,250 (4.8%) | 43,500,000 | -39.8% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $44,686,907 (4.5%) | 40,717,000 | 54.6% |
| Universal- Beteiligungs- und Servicegesellschaft mbH (CIK 0002057170) | High Conviction | Significant Flow | $37,786,251 (3.8%) | 34,122,000 | 46.4% |
| NATIXIS | High Conviction | Significant Flow | $33,256,589 (3.3%) | 30,000 | NEW |
| ZAZOVE ASSOCIATES LLC | High Conviction | Low Flow | $30,622,779 (3.1%) | 27,880,000 | -4.6% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $28,558,400 (2.8%) | 26,000,000 | -30.6% |
| ANGELO GORDON & CO., L.P. | High Conviction | Low Flow | $27,986,250 (2.8%) | 25,500,000 | 226.9% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $27,454,567 (2.7%) | 25,000,000 | NEW |
| AEQUIM ALTERNATIVE INVESTMENTS LP | High Conviction | Low Flow | $24,721,875 (2.5%) | 22,500,000 | 23.6% |
| STATE STREET CORP | High Conviction | Market Mover | $23,479,125 (2.3%) | 21,272,000 | - |
| PIER 88 INVESTMENT PARTNERS LLC | High Conviction | Minimal Flow | $21,741,988 (2.2%) | 19,810,000 | - |
| PENDERFUND CAPITAL MANAGEMENT LTD. | High Conviction | Low Flow | $21,038,608 (2.1%) | 19,000,000 | 104.3% |
| OAKTREE CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $17,219,610 (1.7%) | 15,672,000 | -4.2% |
| SSI INVESTMENT MANAGEMENT LLC | Moderate Conviction | Low Flow | $16,360,442 (1.6%) | 14,907,000 | -8.8% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $13,836,184 (1.4%) | 12,607,000 | -5.8% |
| CSS LLC/IL | Moderate Conviction | Low Flow | $12,586,268 (1.3%) | 11,464,000 | NEW |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $12,458,857 (1.2%) | 11,351,000 | 245.6% |
| FMR LLC | High Conviction | Market Mover | $12,160,300 (1.2%) | 11,080,000 | -3.9% |
| KOHLBERG KRAVIS ROBERTS & CO. | High Conviction | Low Flow | $11,871,994 (1.2%) | 10,805,000 | -3.9% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $10,312,868 (1.0%) | 9,386,000 | -4.3% |
| WELLESLEY INVESTMENT ADVISORS | Moderate Conviction | Minimal Flow | $9,295,638 (0.9%) | 8,453,000 | -41.2% |
| GABELLI FUNDS LLC | High Conviction | Moderate Flow | $8,347,688 (0.8%) | 7,600,000 | -3.9% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $8,231,704 (0.8%) | 7,500,000 | 105.9% |
| PARALLAX VOLATILITY ADVISERS, LLC | Moderate Conviction | Significant Flow | $8,231,250 (0.8%) | 7,500,000 | NEW |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $8,113,818 (0.8%) | 7,393,000 | -46.8% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $7,921,379 (0.8%) | 7,217,000 | -66.1% |
| RATIONAL ADVISORS LLC | High Conviction | Low Flow | $7,891,025 (0.8%) | 7,190,000 | 10.1% |
| CUTLER CAPITAL MANAGEMENT, LLC | High Conviction | Minimal Flow | $6,919,738 (0.7%) | 6,305,000 | -4.0% |
| CAMDEN ASSET MANAGEMENT L P /CA | Moderate Conviction | Low Flow | $6,837,425 (0.7%) | 6,230,000 | -90.7% |
| KIM, LLC | Moderate Conviction | Low Flow | $6,592,500 (0.7%) | 6,000,000 | NEW |
| ARISTEIA CAPITAL, L.L.C. | High Conviction | Moderate Flow | $5,768,438 (0.6%) | 5,250,000 | -85.5% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $5,487,500 (0.5%) | 5,000,000 | -86.3% |
| RWC ASSET MANAGEMENT LLP | High Conviction | Low Flow | $4,939,178 (0.5%) | 4,500,000 | -3.7% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $4,248,064 (0.4%) | 3,838,000 | -3.3% |
| NOMURA HOLDINGS INC | Moderate Conviction | Significant Flow | $4,178,516 (0.4%) | 119,318 | NEW |
| SHENKMAN CAPITAL MANAGEMENT INC | High Conviction | Minimal Flow | $3,984,868 (0.4%) | 3,599,000 | -26.4% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $3,292,500 (0.3%) | 3,000,000 | -3.9% |
| LAFFER TENGLER INVESTMENTS | High Conviction | Low Flow | $2,842,180 (0.3%) | 2,550 | -3.0% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $2,745,098 (0.3%) | 2,500,000 | NEW |
| PERISCOPE CAPITAL INC. | High Conviction | Low Flow | $2,195,200 (0.2%) | 2,000,000 | NEW |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $1,487,248 (0.1%) | 1,355,000 | 117.0% |
| AGF MANAGEMENT LTD | High Conviction | Significant Flow | $1,481,625 (0.1%) | 1,350,000 | -3.9% |
| MAN GROUP PLC | High Conviction | Significant Flow | $1,367,246 (0.1%) | 1,250,000 | NEW |
| AEGON USA INVESTMENT MANAGEMENT, LLC | High Conviction | Minimal Flow | $1,231,395 (0.1%) | 1,122,000 | -3.9% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $838,490 (0.1%) | 764,000 | -58.5% |
| CALAMOS WEALTH MANAGEMENT LLC | High Conviction | Low Flow | $772,161 (0.1%) | 703,000 | -4.3% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $613,503 (0.1%) | 559,000 | -87.6% |
| MACKAY SHIELDS LLC | Moderate Conviction | Low Flow | $549,375 (0.1%) | 500,000 | -4.4% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $344,646 (0.0%) | 314,000 | -24.4% |
| GAMCO INVESTORS, INC. ET AL | High Conviction | Moderate Flow | $329,514 (0.0%) | 300,000 | -3.9% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Moderate Conviction | Significant Flow | $290,697 (0.0%) | 2,521 | 2,446.6% |
| CENTRAL PACIFIC BANK - TRUST DIVISION | Moderate Conviction | Low Flow | $287,545 (0.0%) | 262,000 | -3.9% |
| LAZARD ASSET MANAGEMENT LLC | High Conviction | Significant Flow | $274,006 (0.0%) | 24,938,000 | 102.1% |
| WILEY BROS.-AINTREE CAPITAL, LLC | High Conviction | Significant Flow | $204,135 (0.0%) | 190,000 | -6.4% |
| Jefferies Financial Group Inc. | Moderate Conviction | Significant Flow | $71,447 (0.0%) | 65,000 | 9.5% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $51,292 (0.0%) | 47,000 | -28.1% |
| CAPITAL INVESTMENT ADVISORY SERVICES, LLC | High Conviction | Low Flow | $50,485 (0.0%) | 46,000 | -3.9% |
| STEWARD PARTNERS INVESTMENT ADVISORY, LLC | High Conviction | Significant Flow | $43,900 (0.0%) | 40,000 | -3.9% |
| TRUIST FINANCIAL CORP | High Conviction | Significant Flow | $41,705 (0.0%) | 38,000 | -3.9% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $39,510 (0.0%) | 36,000 | -99.7% |
| MML INVESTORS SERVICES, LLC | High Conviction | Significant Flow | $35,120 (0.0%) | 32,000 | NEW |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $29,632 (0.0%) | 27,000 | -95.5% |
| NEWEDGE ADVISORS, LLC | High Conviction | Significant Flow | $19,755 (0.0%) | 18,000 | NEW |
| RSM US WEALTH MANAGEMENT LLC | High Conviction | Moderate Flow | $18,895 (0.0%) | 17,000 | -2.7% |
| BARCLAYS PLC | High Conviction | Market Mover | $17,562 (0.0%) | 16,000 | -94.5% |
| GOLDSTEIN ADVISORS, LLC | High Conviction | Low Flow | $16,370 (0.0%) | 15,000 | NEW |
| FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. | High Conviction | Minimal Flow | $14,187 (0.0%) | 13,000 | -3.6% |
| HB WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $14,187 (0.0%) | 13,000 | -3.6% |
| LORD, ABBETT & CO. LLC | Moderate Conviction | Low Flow | $13,527 (0.0%) | 12,319,000 | -5.3% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $13,073 (0.0%) | 12,000 | -4.4% |
| THRIVENT FINANCIAL FOR LUTHERANS | Moderate Conviction | Low Flow | $9,360 (0.0%) | 8,464,000 | 3.8% |
| BARTLETT & CO. WEALTH MANAGEMENT LLC | High Conviction | Moderate Flow | $5,499 (0.0%) | 5,000 | -3.0% |
| Erste Asset Management GmbH (CIK 0002024532) | High Conviction | Moderate Flow | $0 (0.0%) | 0 | - |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 77 | $1.01B | 926,911,389 | $1.09 |
| Q3 25 | 72 | $1.10B | 990,027,590 | $1.11 |
| Q2 25 | 75 | $1.11B | 1,052,801,266 | $1.06 |
| Q1 25 | 74 | $1.06B | 972,026,504 | $1.09 |
| Q4 24 | 72 | $1.11B | 1,078,065,390 | $1.03 |
| Q3 24 | 66 | $1.06B | 877,920,315 | $1.21 |
| Q2 24 | 64 | $1.07B | 971,977,207 | $1.10 |
| Q1 24 | 57 | $0.82B | 909,337,668 | $0.90 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.