Due to the fact that Preformed Line Products Company (NASDAQ:PLPC) has witnessed falling interest from the aggregate hedge fund industry, logic holds that there were a few hedge funds that slashed their positions entirely last quarter. Interestingly, Israel Englander's Millennium Management cut the biggest stake of all the hedgies followed by Insider Monkey, valued at about $0.4 million in stock, and Paul Marshall and Ian Wace's Marshall Wace LLP was right behind this move, as the fund cut about $0.4 million worth. These moves are important to note, as total hedge fund interest was cut by 2 funds last quarter.