Procore
PCOR
238 hedge funds and large institutions have $5.53B invested in Procore in 2022 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 81 increasing their positions, 75 reducing their positions, and 31 closing their positions.
236% more call options, than puts
Call options by funds: $5.01M | Put options by funds: $1.49M
77% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 31
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
10% more funds holding
Funds holding: 216 → 238 (+22)
8% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 75
0.27% more ownership
Funds ownership: 84.75% → 85.02% (+0.27%)
4% less capital invested
Capital invested by funds: $5.74B → $5.53B (-$205M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$167M |
| 2 |
JP Morgan Chase
New York
|
+$77.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$20.6M |
| 5 |
BlackRock
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$83.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$81.4M |
| 3 |
DMC
Deer Management Company
Larchmont,
New York
|
-$80.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23M |
PCOR Hedge Fund Activity: Q4 2022 in Review
238 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q4 2022, worth a combined $5.53B — down 3.6% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PCOR positions and 31 closed out — a net gain of 24 holders — while 81 added to existing stakes and 75 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $167M. The largest seller was Cadian Capital Management, cutting an estimated $83.7M.
- 238 institutional investors held Procore (PCOR) as of Q4 2022, up from 216 in Q3 2022.
- Funds reported $5.53B of Procore stock for Q4 2022, down 3.6% quarter-over-quarter.
- 55 funds opened new Procore positions in Q4 2022 and 31 closed out, a net change of +24 holders.
- The largest Procore buyer in Q4 2022 was T. Rowe Price Associates, an estimated $167M added.
- The largest Procore seller in Q4 2022 was Cadian Capital Management, an estimated $83.7M sold.
Based on aggregated 13F filings for Q4 2022.