Progyny
PGNY
210 hedge funds and large institutions have $3.22B invested in Progyny in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 78 increasing their positions, 54 reducing their positions, and 26 closing their positions.
92% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 26
77% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $8.67M
44% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 54
12% more funds holding
Funds holding: 187 → 210 (+23)
8% more capital invested
Capital invested by funds: $2.97B → $3.22B (+$243M)
1.87% more ownership
Funds ownership: 80.98% → 82.84% (+1.9%)
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$89.5M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$46.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.7M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$22.7M |
| 5 |
Jennison Associates
New York
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KXA
KPCB XIII Associates
Menlo Park,
California
|
-$131M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.5M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$21.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$16.1M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$15.3M |
PGNY Hedge Fund Activity: Q1 2021 in Review
210 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q1 2021, worth a combined $3.22B — up 8.2% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PGNY positions and 26 closed out — a net gain of 24 holders — while 78 added to existing stakes and 54 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $89.5M. The largest seller was KPCB XIII Associates, cutting an estimated $131M.
- 210 institutional investors held Progyny (PGNY) as of Q1 2021, up from 187 in Q4 2020.
- Funds reported $3.22B of Progyny stock for Q1 2021, up 8.2% quarter-over-quarter.
- 50 funds opened new Progyny positions in Q1 2021 and 26 closed out, a net change of +24 holders.
- The largest Progyny buyer in Q1 2021 was JP Morgan Chase, an estimated $89.5M added.
- The largest Progyny seller in Q1 2021 was KPCB XIII Associates, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2021.