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Procore

292 hedge funds and large institutions have $7.58B invested in Procore in 2023 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 126 increasing their positions, 70 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,615% more call options, than puts

Call options by funds: $22.5M | Put options by funds: $1.31M

93% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 30

80% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 70

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

10% more funds holding

Funds holding: 266292 (+26)

4% more capital invested

Capital invested by funds: $7.29B → $7.58B (+$291M)

0.06% less ownership

Funds ownership: 82.96%82.9% (-0.06%)

Holders
292
Holders Change
+26
Holders Change %
+9.77%
% of All Funds
4.58%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.19%
New
58
Increased
126
Reduced
70
Closed
30
Calls
$22.5M
Puts
$1.31M
Net Calls
+$21.2M
Net Calls Change
+$9.45M
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
151
HighTower Advisors
Illinois
$1.23M +$171K +2,903 +18%
CPIG
152
Chicago Partners Investment Group
Illinois
$1.19M +$6.18K +105 +0.6%
AB
153
Amalgamated Bank
New York
$1.12M +$176K +2,995 +21%
KCM
154
Kornitzer Capital Management
Kansas
$1.07M
Russell Investments Group
155
Russell Investments Group
United Kingdom
$1.06M +$960K +16,319 New
CTC
156
Chai Trust Company
Illinois
$1.01M +$910K +15,471 New
GKWIM
157
Gerber Kawasaki Wealth & Investment Management
California
$950K -$112K -1,900 -12%
CC
158
Corton Capital
Ontario, Canada
$944K +$501K +8,510 +142%
Osaic Holdings
159
Osaic Holdings
Arizona
$936K +$556K +9,456 +192%
NCM
160
Northside Capital Management
Oregon
$920K +$323K +5,496 +64%
Teacher Retirement System of Texas
161
Teacher Retirement System of Texas
Texas
$919K +$830K +14,116 New
AIM
162
Allen Investment Management
New York
$918K +$45.5K +773 +6%
Truist Financial
163
Truist Financial
North Carolina
$917K +$34.1K +580 +4%
Kayne Anderson Rudnick Investment Management
164
Kayne Anderson Rudnick Investment Management
California
$911K
GMF
165
Grace & Mercy Foundation
New York
$906K
Ensign Peak Advisors
166
Ensign Peak Advisors
Utah
$899K
ITFISA
167
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
$846K
ADIM
168
Alpha DNA Investment Management
Maryland
$842K +$761K +12,934 New
HCA
169
Harbor Capital Advisors
Illinois
$840K -$68K -1,156 -8%
Zurich Cantonal Bank
170
Zurich Cantonal Bank
Switzerland
$809K +$486K +8,256 +198%
Canada Pension Plan Investment Board
171
Canada Pension Plan Investment Board
Ontario, Canada
$800K +$723K +12,300 New
JRP
172
Jasper Ridge Partners
California
$790K +$94.2K +1,601 +15%
Natixis Advisors
173
Natixis Advisors
Massachusetts
$766K +$692K +11,772 New
US Bancorp
174
US Bancorp
Minnesota
$752K +$640K +10,878 +1,616%
FRM
175
Fox Run Management
Connecticut
$752K +$213K +3,614 +46%

PCOR Hedge Fund Activity: Q2 2023 in Review

292 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q2 2023, worth a combined $7.58B — up 4% from $7.29B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new PCOR positions and 30 closed out — a net gain of 28 holders — while 126 added to existing stakes and 70 trimmed.

The largest buyer was Cadian Capital Management, adding an estimated $123M. The largest seller was Iconiq Capital, cutting an estimated $161M.

  • 292 institutional investors held Procore (PCOR) as of Q2 2023, up from 266 in Q1 2023.
  • Funds reported $7.58B of Procore stock for Q2 2023, up 4% quarter-over-quarter.
  • 58 funds opened new Procore positions in Q2 2023 and 30 closed out, a net change of +28 holders.
  • The largest Procore buyer in Q2 2023 was Cadian Capital Management, an estimated $123M added.
  • The largest Procore seller in Q2 2023 was Iconiq Capital, an estimated $161M sold.

Based on aggregated 13F filings for Q2 2023.