Procore
PCOR
401 hedge funds and large institutions have $10.3B invested in Procore in 2024 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 154 increasing their positions, 107 reducing their positions, and 53 closing their positions.
474% more call options, than puts
Call options by funds: $347M | Put options by funds: $60.6M
93% more funds holding in top 10
Funds holding in top 10: 14 → 27 (+13)
66% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 53
44% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 107
27% more capital invested
Capital invested by funds: $8.15B → $10.3B (+$2.2B)
7% more funds holding
Funds holding: 374 → 401 (+27)
3.44% more ownership
Funds ownership: 89.45% → 92.89% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$198M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$189M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$181M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$125M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$376M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$132M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$117M |
| 4 |
Holocene Advisors
New York
|
-$103M |
| 5 |
PC
PointState Capital
New York
|
-$81.3M |
PCOR Hedge Fund Activity: Q4 2024 in Review
401 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q4 2024, worth a combined $10.3B — up 27% from $8.15B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new PCOR positions and 53 closed out — a net gain of 35 holders — while 154 added to existing stakes and 107 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $198M. The largest seller was Iconiq Capital, cutting an estimated $376M.
- 401 institutional investors held Procore (PCOR) as of Q4 2024, up from 374 in Q3 2024.
- Funds reported $10.3B of Procore stock for Q4 2024, up 27% quarter-over-quarter.
- 88 funds opened new Procore positions in Q4 2024 and 53 closed out, a net change of +35 holders.
- The largest Procore buyer in Q4 2024 was Morgan Stanley, an estimated $198M added.
- The largest Procore seller in Q4 2024 was Iconiq Capital, an estimated $376M sold.
Based on aggregated 13F filings for Q4 2024.