Progyny
PGNY
266 hedge funds and large institutions have $2.83B invested in Progyny in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 123 increasing their positions, 80 reducing their positions, and 41 closing their positions.
158% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $4.79M
54% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 80
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
10.74% more ownership
Funds ownership: 87.43% → 98.17% (+11%)
4% less capital invested
Capital invested by funds: $2.94B → $2.83B (-$113M)
6% less funds holding
Funds holding: 282 → 266 (-16)
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$49.4M |
| 2 |
Jennison Associates
New York
|
+$26.2M |
| 3 |
CC
Cowbird Capital
New York
|
+$25.3M |
| 4 |
BlackRock
New York
|
+$24.6M |
| 5 |
Millennium Management
New York
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$58.8M |
| 2 |
BAMCO Inc
New York
|
-$28.6M |
| 3 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$27.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.17M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$5.93M |
PGNY Hedge Fund Activity: Q4 2022 in Review
266 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q4 2022, worth a combined $2.83B — down 3.8% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PGNY and 30 opened new positions — a net loss of 11 holders — while 80 trimmed existing stakes and 123 added.
The largest buyer was Fred Alger Management, adding an estimated $49.4M. The largest seller was Macquarie Group, cutting an estimated $58.8M.
- 266 institutional investors held Progyny (PGNY) as of Q4 2022, down from 282 in Q3 2022.
- Funds reported $2.83B of Progyny stock for Q4 2022, down 3.8% quarter-over-quarter.
- 30 funds opened new Progyny positions in Q4 2022 and 41 closed out, a net change of -11 holders.
- The largest Progyny buyer in Q4 2022 was Fred Alger Management, an estimated $49.4M added.
- The largest Progyny seller in Q4 2022 was Macquarie Group, an estimated $58.8M sold.
Based on aggregated 13F filings for Q4 2022.