Prosperity Bancshares
320 hedge funds and large institutions have $5.01B invested in Prosperity Bancshares in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 117 increasing their positions, 100 reducing their positions, and 24 closing their positions.
57% more call options, than puts
Call options by funds: $3.14M | Put options by funds: $1.99M
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
17% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 100
2% more funds holding
Funds holding: 314 → 320 (+6)
1.61% less ownership
Funds ownership: 83.08% → 81.47% (-1.6%)
5% less capital invested
Capital invested by funds: $5.28B → $5.01B (-$268M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$97.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$15.7M |
| 4 |
Neuberger Berman Group
New York
|
+$15.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$148M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$64.3M |
| 3 |
Goldman Sachs
New York
|
-$40.2M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
-$26.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$24.6M |
PB Hedge Fund Activity: Q1 2024 in Review
320 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q1 2024, worth a combined $5.01B — down 5.1% from $5.28B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PB positions and 24 closed out — a net gain of 8 holders — while 117 added to existing stakes and 100 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $97.9M. The largest seller was Morgan Stanley, cutting an estimated $148M.
- 320 institutional investors held Prosperity Bancshares (PB) as of Q1 2024, up from 314 in Q4 2023.
- Funds reported $5.01B of Prosperity Bancshares stock for Q1 2024, down 5.1% quarter-over-quarter.
- 32 funds opened new Prosperity Bancshares positions in Q1 2024 and 24 closed out, a net change of +8 holders.
- The largest Prosperity Bancshares buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $97.9M added.
- The largest Prosperity Bancshares seller in Q1 2024 was Morgan Stanley, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2024.