Progyny
PGNY
317 hedge funds and large institutions have $3.37B invested in Progyny in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 132 increasing their positions, 104 reducing their positions, and 44 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 104
6% more capital invested
Capital invested by funds: $3.19B → $3.37B (+$182M)
3.07% more ownership
Funds ownership: 97.49% → 100.56% (+3.1%)
3% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $14.1M
2% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 44
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less funds holding
Funds holding: 321 → 317 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$197M |
| 2 |
Morgan Stanley
New York
|
+$46M |
| 3 |
BlackRock
New York
|
+$37.4M |
| 4 |
JP Morgan Chase
New York
|
+$24.9M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$62.6M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$18.8M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$17.3M |
| 4 |
Goldman Sachs
New York
|
-$15.2M |
| 5 |
ClearBridge Investments
New York
|
-$15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WBC
351
Westpac Banking Corp
Sydney,
Australia
| – | -$34K | -1,000 | Closed |
|
|
DGAM
352
Desjardins Global Asset Management
Montreal,
Quebec, Canada
| – | -$10.5K | -310 | Closed |
|
|
IHWM
353
Iron Horse Wealth Management
Johston,
Iowa
| – | -$7.21K | -212 | Closed |
|
|
PTC
354
Private Trust Company
Cleveland,
Ohio
| – | -$3.57K | -105 | Closed |
|
355
Fisher Asset Management
Camas,
Washington
| – | -$3.33K | -98 | Closed |
|
|
MCM
356
Manchester Capital Management
Manchester,
Vermont
| – | -$3.1K | -91 | Closed |
|
|
WTG
357
West Tower Group
Richmond,
Virginia
| – | -$2.86K | -84 | Closed |
|
|
FCA
358
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$1.91K | -56 | Closed |
|
|
SS
359
Sunbelt Securities
Houston,
Texas
| – | -$1.09K | -32 | Closed |
|
|
VCM
360
Versant Capital Management
Phoenix,
Arizona
| – | -$510 | -15 | Closed |
|
|
BTI
361
Blue Trust Inc
Alpharetta,
Georgia
| – | +$403 | +12 | New |
|
PGNY Hedge Fund Activity: Q4 2023 in Review
317 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q4 2023, worth a combined $3.37B — up 5.7% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PGNY positions and 44 closed out — a net gain of 1 holder — while 132 added to existing stakes and 104 trimmed.
The largest buyer was International Assets Investment Management, opening a new position worth an estimated $197M. The largest seller was Citadel Advisors, cutting an estimated $62.6M.
- 317 institutional investors held Progyny (PGNY) as of Q4 2023, down from 321 in Q3 2023.
- Funds reported $3.37B of Progyny stock for Q4 2023, up 5.7% quarter-over-quarter.
- 45 funds opened new Progyny positions in Q4 2023 and 44 closed out, a net change of +1 holder.
- The largest Progyny buyer in Q4 2023 was International Assets Investment Management, an estimated $197M added.
- The largest Progyny seller in Q4 2023 was Citadel Advisors, an estimated $62.6M sold.
Based on aggregated 13F filings for Q4 2023.