Procore
PCOR
374 hedge funds and large institutions have $8.15B invested in Procore in 2024 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 141 increasing their positions, 120 reducing their positions, and 82 closing their positions.
216% more call options, than puts
Call options by funds: $70.7M | Put options by funds: $22.4M
18% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 120
1.7% more ownership
Funds ownership: 87.75% → 89.45% (+1.7%)
4% less capital invested
Capital invested by funds: $8.51B → $8.15B (-$365M)
5% less funds holding
Funds holding: 393 → 374 (-19)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
22% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$157M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$96.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$88.1M |
| 4 |
PC
PointState Capital
New York
|
+$80.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$79.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$136M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$124M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$109M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$99.1M |
| 5 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$98.8M |
PCOR Hedge Fund Activity: Q3 2024 in Review
374 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Procore (PCOR) for Q3 2024, worth a combined $8.15B — down 4.3% from $8.51B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of PCOR and 64 opened new positions — a net loss of 18 holders — while 120 trimmed existing stakes and 141 added.
The largest buyer was Morgan Stanley, adding an estimated $157M. The largest seller was JP Morgan Chase, cutting an estimated $136M.
- 374 institutional investors held Procore (PCOR) as of Q3 2024, down from 393 in Q2 2024.
- Funds reported $8.15B of Procore stock for Q3 2024, down 4.3% quarter-over-quarter.
- 64 funds opened new Procore positions in Q3 2024 and 82 closed out, a net change of -18 holders.
- The largest Procore buyer in Q3 2024 was Morgan Stanley, an estimated $157M added.
- The largest Procore seller in Q3 2024 was JP Morgan Chase, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2024.