Procore
PCOR
180 hedge funds and large institutions have $8.51B invested in Procore in 2021 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 66 increasing their positions, 24 reducing their positions, and 21 closing their positions.
252% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 21
175% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 24
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
38% more funds holding
Funds holding: 130 → 180 (+50)
36% more call options, than puts
Call options by funds: $6.68M | Put options by funds: $4.91M
2.56% more ownership
Funds ownership: 78.05% → 80.61% (+2.6%)
6% less capital invested
Capital invested by funds: $9.06B → $8.51B (-$547M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$372M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$165M |
| 3 |
BlackRock
New York
|
+$100M |
| 4 |
1WCM
12 West Capital Management
New York
|
+$64M |
| 5 |
Goldman Sachs
New York
|
+$60.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$310M |
| 2 |
Tiger Global Management
New York
|
-$143M |
| 3 |
DCP
D1 Capital Partners
New York
|
-$62.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$35M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$28.6M |
PCOR Hedge Fund Activity: Q4 2021 in Review
180 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q4 2021, worth a combined $8.51B — down 6% from $9.06B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new PCOR positions and 21 closed out — a net gain of 53 holders — while 66 added to existing stakes and 24 trimmed.
The largest buyer was Vanguard Group, adding an estimated $372M. The largest seller was Iconiq Capital, cutting an estimated $310M.
- 180 institutional investors held Procore (PCOR) as of Q4 2021, up from 130 in Q3 2021.
- Funds reported $8.51B of Procore stock for Q4 2021, down 6% quarter-over-quarter.
- 74 funds opened new Procore positions in Q4 2021 and 21 closed out, a net change of +53 holders.
- The largest Procore buyer in Q4 2021 was Vanguard Group, an estimated $372M added.
- The largest Procore seller in Q4 2021 was Iconiq Capital, an estimated $310M sold.
Based on aggregated 13F filings for Q4 2021.