Procore
PCOR
393 hedge funds and large institutions have $8.51B invested in Procore in 2024 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 172 increasing their positions, 93 reducing their positions, and 67 closing their positions.
98% more call options, than puts
Call options by funds: $74.3M | Put options by funds: $37.5M
85% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 93
34% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 67
5% more funds holding
Funds holding: 376 → 393 (+17)
3.9% more ownership
Funds ownership: 83.85% → 87.75% (+3.9%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
15% less capital invested
Capital invested by funds: $9.98B → $8.51B (-$1.47B)
Top Buyers
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$112M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$104M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$103M |
| 4 |
XL
XN LP
New York
|
+$98M |
| 5 |
BlackRock
New York
|
+$62.6M |
Top Sellers
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$312M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$126M |
| 3 |
JP Morgan Chase
New York
|
-$77.1M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$66.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$64.4M |
PCOR Hedge Fund Activity: Q2 2024 in Review
393 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q2 2024, worth a combined $8.51B — down 15% from $9.98B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new PCOR positions and 67 closed out — a net gain of 23 holders — while 172 added to existing stakes and 93 trimmed.
The largest buyer was Dragoneer Investment Group, adding an estimated $112M. The largest seller was Iconiq Capital, cutting an estimated $312M.
- 393 institutional investors held Procore (PCOR) as of Q2 2024, up from 376 in Q1 2024.
- Funds reported $8.51B of Procore stock for Q2 2024, down 15% quarter-over-quarter.
- 90 funds opened new Procore positions in Q2 2024 and 67 closed out, a net change of +23 holders.
- The largest Procore buyer in Q2 2024 was Dragoneer Investment Group, an estimated $112M added.
- The largest Procore seller in Q2 2024 was Iconiq Capital, an estimated $312M sold.
Based on aggregated 13F filings for Q2 2024.