Progyny
PGNY
309 hedge funds and large institutions have $3.57B invested in Progyny in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 108 increasing their positions, 102 reducing their positions, and 23 closing their positions.
304% more call options, than puts
Call options by funds: $21.7M | Put options by funds: $5.36M
148% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 23
22% more capital invested
Capital invested by funds: $2.93B → $3.57B (+$638M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more funds holding
Funds holding: 275 → 309 (+34)
6% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 102
1.04% less ownership
Funds ownership: 97.18% → 96.14% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$35.2M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$34.2M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$30.9M |
| 4 |
CM
Cercano Management
Bellevue,
Washington
|
+$25.6M |
| 5 |
Jennison Associates
New York
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KXA
KPCB XIII Associates
Menlo Park,
California
|
-$50.5M |
| 2 |
Millennium Management
New York
|
-$41.2M |
| 3 |
O
OrbiMed
New York
|
-$33.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$22.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$17.7M |
PGNY Hedge Fund Activity: Q2 2023 in Review
309 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q2 2023, worth a combined $3.57B — up 22% from $2.93B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PGNY positions and 23 closed out — a net gain of 34 holders — while 108 added to existing stakes and 102 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $35.2M. The largest seller was KPCB XIII Associates, cutting an estimated $50.5M.
- 309 institutional investors held Progyny (PGNY) as of Q2 2023, up from 275 in Q1 2023.
- Funds reported $3.57B of Progyny stock for Q2 2023, up 22% quarter-over-quarter.
- 57 funds opened new Progyny positions in Q2 2023 and 23 closed out, a net change of +34 holders.
- The largest Progyny buyer in Q2 2023 was Man Group, an estimated $35.2M added.
- The largest Progyny seller in Q2 2023 was KPCB XIII Associates, an estimated $50.5M sold.
Based on aggregated 13F filings for Q2 2023.