We are live on ! Find out more
PCOR icon

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
IC
1
Iconiq Capital
California
$2.56B -$161M -2,735,133 -6%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$641M -$3.35M -56,910 -0.6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$491M +$37.9M +645,118 +9%
Morgan Stanley
4
Morgan Stanley
New York
$370M -$43.2M -735,116 -11%
DMC
5
Deer Management Company
New York
$357M -$69.5M -1,182,222 -18%
JP Morgan Chase
6
JP Morgan Chase
New York
$301M +$35.6M +605,879 +15%
BlackRock
7
BlackRock
New York
$233M +$31M +527,268 +17%
1WCM
8
12 West Capital Management
New York
$228M
CCM
9
Cadian Capital Management
New York
$180M +$123M +2,084,166 +303%
ESCM
10
Echo Street Capital Management
New York
$138M -$6.84M -116,226 -5%
Invesco
11
Invesco
Georgia
$118M +$11.5M +195,172 +12%
GGHC
12
Gilder Gagnon Howe & Co
New York
$101M +$12.1M +204,893 +15%
DCP
13
D1 Capital Partners
New York
$82.7M -$48.5M -825,000 -39%
Franklin Resources
14
Franklin Resources
California
$73.3M -$29.6K -503 -0%
State Street
15
State Street
Massachusetts
$72.9M +$6.88M +116,922 +12%
Goldman Sachs
16
Goldman Sachs
New York
$72.8M +$10.1M +172,533 +18%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$67.4M +$7.19M +122,254 +13%
Norges Bank
18
Norges Bank
Norway
$65.2M +$10M +170,186 +20%
XL
19
XN LP
New York
$60M +$13.3M +226,280 +32%
DIG
20
Dragoneer Investment Group
California
$57.4M -$46.7M -793,560 -47%
Ameriprise
21
Ameriprise
Minnesota
$50.1M +$41.2M +699,753 +997%
DCM
22
Driehaus Capital Management
Illinois
$48.9M +$32.8M +557,593 +288%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$46.6M -$4.09M -69,610 -9%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$42.4M +$1.38M +23,545 +4%
Charles Schwab
25
Charles Schwab
California
$38.4M +$714K +12,146 +2%

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.