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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
AFA
176
Arlington Financial Advisors
California
$741K
SO
177
STRS Ohio
Ohio
$739K +$16.6K +282 +3%
X
178
Xponance
Pennsylvania
$708K +$201K +3,409 +46%
Verition Fund Management
179
Verition Fund Management
Connecticut
$670K +$605K +10,291 New
DI
180
DFPG Investments
Utah
$659K +$69.2K +1,176 +15%
SPA
181
Sherbrooke Park Advisers
New York
$623K +$563K +9,577 New
PAMS
182
Pictet Asset Management (Switzerland)
Switzerland
$604K +$318K +5,405 +139%
AWM
183
AE Wealth Management
Kansas
$595K +$538K +9,150 New
M1FG
184
Mach-1 Financial Group
Arkansas
$595K +$538K +9,141 New
Lazard Asset Management
185
Lazard Asset Management
New York
$583K -$93.5K -1,590 -15%
Wells Fargo
186
Wells Fargo
California
$582K +$207K +3,513 +65%
NMO
187
Newlands Management Operations
Texas
$579K +$523K +8,892 New
DTL
188
Dynamic Technology Lab
Singapore
$573K +$148K +2,522 +40%
MFG
189
Merit Financial Group
Georgia
$571K -$294K -5,000 -36%
WC
190
Wexford Capital
Florida
$562K -$185K -3,151 -27%
SPW
191
Sonoma Private Wealth
California
$550K +$497K +8,445 New
Public Employees Retirement Association of Colorado
192
Public Employees Retirement Association of Colorado
Colorado
$543K
EW
193
Evoke Wealth
California
$541K +$137K +2,321 +39%
Citigroup
194
Citigroup
New York
$528K +$327K +5,561 +218%
VCM
195
Vetamer Capital Management
California
$526K +$94.8K +1,611 +25%
Nisa Investment Advisors
196
Nisa Investment Advisors
Missouri
$521K
PTC
197
Petrus Trust Company
Texas
$517K -$48K -816 -9%
GCP
198
GSA Capital Partners
United Kingdom
$514K -$47.6K -809 -9%
SAM
199
Silvercrest Asset Management
New York
$503K +$454K +7,725 New
William Blair & Company
200
William Blair & Company
Illinois
$496K +$209K +3,555 +87%

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.