Progyny
PGNY
326 hedge funds and large institutions have $3.32B invested in Progyny in 2024 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 119 increasing their positions, 107 reducing their positions, and 48 closing their positions.
76% more call options, than puts
Call options by funds: $9.9M | Put options by funds: $5.63M
25% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 48
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 107
3% more funds holding
Funds holding: 317 → 326 (+9)
2% less capital invested
Capital invested by funds: $3.37B → $3.32B (-$52.3M)
10.46% less ownership
Funds ownership: 100.56% → 90.1% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$33M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$27.7M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$22.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$245M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$216M |
| 3 |
Morgan Stanley
New York
|
-$40.2M |
| 4 |
BlackRock
New York
|
-$36.5M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$27.8M |
PGNY Hedge Fund Activity: Q1 2024 in Review
326 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q1 2024, worth a combined $3.32B — down 1.6% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PGNY positions and 48 closed out — a net gain of 12 holders — while 119 added to existing stakes and 107 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $92.5M. The largest seller was TPG GP A, exiting entirely with an estimated $245M sold.
- 326 institutional investors held Progyny (PGNY) as of Q1 2024, up from 317 in Q4 2023.
- Funds reported $3.32B of Progyny stock for Q1 2024, down 1.6% quarter-over-quarter.
- 60 funds opened new Progyny positions in Q1 2024 and 48 closed out, a net change of +12 holders.
- The largest Progyny buyer in Q1 2024 was Fidelity Investments, an estimated $92.5M added.
- The largest Progyny seller in Q1 2024 was TPG GP A, an estimated $245M sold.
Based on aggregated 13F filings for Q1 2024.