Procore
PCOR
216 hedge funds and large institutions have $5.74B invested in Procore in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 80 increasing their positions, 57 reducing their positions, and 32 closing their positions.
566% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $1.62M
47% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 32
40% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 57
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
14% more capital invested
Capital invested by funds: $5.04B → $5.74B (+$696M)
7% more funds holding
Funds holding: 202 → 216 (+14)
2.82% more ownership
Funds ownership: 81.94% → 84.75% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$92.9M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$69.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56M |
| 4 |
BlackRock
New York
|
+$52.7M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$46.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$141M |
| 2 |
DMC
Deer Management Company
Larchmont,
New York
|
-$84.7M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$25.4M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$21.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$14.6M |
PCOR Hedge Fund Activity: Q3 2022 in Review
216 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q3 2022, worth a combined $5.74B — up 14% from $5.04B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PCOR positions and 32 closed out — a net gain of 15 holders — while 80 added to existing stakes and 57 trimmed.
The largest buyer was Holocene Advisors, adding an estimated $92.9M. The largest seller was Tiger Global Management, exiting entirely with an estimated $141M sold.
- 216 institutional investors held Procore (PCOR) as of Q3 2022, up from 202 in Q2 2022.
- Funds reported $5.74B of Procore stock for Q3 2022, up 14% quarter-over-quarter.
- 47 funds opened new Procore positions in Q3 2022 and 32 closed out, a net change of +15 holders.
- The largest Procore buyer in Q3 2022 was Holocene Advisors, an estimated $92.9M added.
- The largest Procore seller in Q3 2022 was Tiger Global Management, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2022.