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Procore

292 hedge funds and large institutions have $7.58B invested in Procore in 2023 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 126 increasing their positions, 70 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,615% more call options, than puts

Call options by funds: $22.5M | Put options by funds: $1.31M

93% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 30

80% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 70

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

10% more funds holding

Funds holding: 266292 (+26)

4% more capital invested

Capital invested by funds: $7.29B → $7.58B (+$291M)

0.06% less ownership

Funds ownership: 82.96%82.9% (-0.06%)

Holders
292
Holders Change
+26
Holders Change %
+9.77%
% of All Funds
4.58%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.19%
New
58
Increased
126
Reduced
70
Closed
30
Calls
$22.5M
Puts
$1.31M
Net Calls
+$21.2M
Net Calls Change
+$9.45M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
251
American International Group
New York
$94.9K +$29.2K +497 +52%
Robeco Institutional Asset Management
252
Robeco Institutional Asset Management
Netherlands
$78.2K +$70.7K +1,202 New
C
253
Covestor
United Kingdom
$74K +$58.2K +990 +683%
FWM
254
Focused Wealth Management
New York
$71.6K +$64.7K +1,100 New
FHA
255
First Horizon Advisors
Tennessee
$69.4K -$941 -16 -1%
TCPG
256
Trivant Custom Portfolio Group
California
$69.1K -$2.94K -50 -4%
BAMF
257
BI Asset Management Fondsmaeglerselskab
Denmark
$63K +$57K +969 New
CAS
258
Coppell Advisory Solutions
Texas
$52.9K +$47.6K +809 New
HIA
259
Harbor Investment Advisory
Maryland
$52.8K
HFM
260
Harvest Fund Management
China
$47K -$9.12K -155 -18%
HT
261
Headlands Technologies
Illinois
$34.3K +$11.8K +201 +62%
DAM
262
Delta Asset Management
Tennessee
$32.5K
AAM
263
Advisors Asset Management
Colorado
$32.2K -$14.8K -252 -34%
S
264
SignatureFD
Georgia
$29.7K -$1K -17 -4%
MIM
265
Macroview Investment Management
Maryland
$22.4K +$11.5K +195 +131%
National Bank of Canada
266
National Bank of Canada
Quebec, Canada
$16.5K -$8.01M -136,096 -100%
QC
267
Quent Capital
New York
$14.5K
Northwestern Mutual Wealth Management
268
Northwestern Mutual Wealth Management
Wisconsin
$14.3K +$1.41K +24 +12%
CI Investments Inc
269
CI Investments Inc
Ontario, Canada
$11K +$10.1K +172 +4,300%
PNC Financial Services Group
270
PNC Financial Services Group
Pennsylvania
$8.85K
AF
271
Allworth Financial
California
$8.46K -$4.82K -82 -39%
CCA
272
Column Capital Advisors
Indiana
$6.51K
HNB
273
Huntington National Bank
Ohio
$6.44K +$118 +2 +2%
BWM
274
Baystate Wealth Management
Massachusetts
$5.08K
QL
275
Quarry LP
New York
$4.23K +$1K +17 +35%

PCOR Hedge Fund Activity: Q2 2023 in Review

292 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q2 2023, worth a combined $7.58B — up 4% from $7.29B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new PCOR positions and 30 closed out — a net gain of 28 holders — while 126 added to existing stakes and 70 trimmed.

The largest buyer was Cadian Capital Management, adding an estimated $123M. The largest seller was Iconiq Capital, cutting an estimated $161M.

  • 292 institutional investors held Procore (PCOR) as of Q2 2023, up from 266 in Q1 2023.
  • Funds reported $7.58B of Procore stock for Q2 2023, up 4% quarter-over-quarter.
  • 58 funds opened new Procore positions in Q2 2023 and 30 closed out, a net change of +28 holders.
  • The largest Procore buyer in Q2 2023 was Cadian Capital Management, an estimated $123M added.
  • The largest Procore seller in Q2 2023 was Iconiq Capital, an estimated $161M sold.

Based on aggregated 13F filings for Q2 2023.