Procore
PCOR
202 hedge funds and large institutions have $5.04B invested in Procore in 2022 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 96 increasing their positions, 40 reducing their positions, and 36 closing their positions.
605% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $1.62M
140% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 40
14% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 36
2% more funds holding
Funds holding: 199 → 202 (+3)
1.44% more ownership
Funds ownership: 80.49% → 81.94% (+1.4%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
20% less capital invested
Capital invested by funds: $6.3B → $5.04B (-$1.26B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$71.3M |
| 2 |
CCM
Cadian Capital Management
New York
|
+$67.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$62M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43.8M |
| 5 |
IC
Iconiq Capital
San Francisco,
California
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$184M |
| 2 |
Tiger Global Management
New York
|
-$73.6M |
| 3 |
DMC
Deer Management Company
Larchmont,
New York
|
-$38.7M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$34.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$32.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSFP
226
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | -$6K | -100 | Closed |
|
227
Rockefeller Capital Management
New York
| – | -$2K | -48 | Closed |
|
228
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -37 | Closed |
|
|
CA
229
Clearstead Advisors
Cleveland,
Ohio
| – | -$2K | -31 | Closed |
|
|
SOW
230
State of Wyoming
Cheyenne,
Wyoming
| – | -$2K | -29 | Closed |
|
|
T
231
TCWP
Beachwood,
Ohio
| – | -$1K | -22 | Closed |
|
|
TPCW
232
TD Private Client Wealth
New York
| – | -$753 | -13 | Closed |
|
|
BWM
233
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | +$442 | +9 | New |
|
|
BIA
234
Bell Investment Advisors
Oakland,
California
| – | +$491 | +10 | New |
|
|
CAL
235
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$491 | +10 | New |
|
PCOR Hedge Fund Activity: Q2 2022 in Review
202 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q2 2022, worth a combined $5.04B — down 20% from $6.3B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PCOR positions and 36 closed out — a net gain of 5 holders — while 96 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $71.3M. The largest seller was D1 Capital Partners, cutting an estimated $184M.
- 202 institutional investors held Procore (PCOR) as of Q2 2022, up from 199 in Q1 2022.
- Funds reported $5.04B of Procore stock for Q2 2022, down 20% quarter-over-quarter.
- 41 funds opened new Procore positions in Q2 2022 and 36 closed out, a net change of +5 holders.
- The largest Procore buyer in Q2 2022 was JP Morgan Chase, an estimated $71.3M added.
- The largest Procore seller in Q2 2022 was D1 Capital Partners, an estimated $184M sold.
Based on aggregated 13F filings for Q2 2022.