Procore
PCOR
313 hedge funds and large institutions have $7.59B invested in Procore in 2023 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 122 increasing their positions, 82 reducing their positions, and 41 closing their positions.
157% more call options, than puts
Call options by funds: $52.4M | Put options by funds: $20.4M
61% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 41
49% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 82
7% more funds holding
Funds holding: 292 → 313 (+21)
0% more capital invested
Capital invested by funds: $7.58B → $7.59B (+$8.27M)
1.45% less ownership
Funds ownership: 82.9% → 81.44% (-1.5%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$78.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$60.1M |
| 4 |
SCM
Spyglass Capital Management
San Francisco,
California
|
+$51.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$267M |
| 2 |
DMC
Deer Management Company
Larchmont,
New York
|
-$105M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$56.8M |
| 4 |
Morgan Stanley
New York
|
-$50.3M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$31.2M |
PCOR Hedge Fund Activity: Q3 2023 in Review
313 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q3 2023, worth a combined $7.59B — up 0.11% from $7.58B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PCOR positions and 41 closed out — a net gain of 25 holders — while 122 added to existing stakes and 82 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $78.7M. The largest seller was Iconiq Capital, cutting an estimated $267M.
- 313 institutional investors held Procore (PCOR) as of Q3 2023, up from 292 in Q2 2023.
- Funds reported $7.59B of Procore stock for Q3 2023, up 0.11% quarter-over-quarter.
- 66 funds opened new Procore positions in Q3 2023 and 41 closed out, a net change of +25 holders.
- The largest Procore buyer in Q3 2023 was Tiger Global Management, an estimated $78.7M added.
- The largest Procore seller in Q3 2023 was Iconiq Capital, an estimated $267M sold.
Based on aggregated 13F filings for Q3 2023.