Progyny
PGNY
144 hedge funds and large institutions have $1.49B invested in Progyny in 2020 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 54 increasing their positions, 29 reducing their positions, and 22 closing their positions.
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
86% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 29
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
24% more capital invested
Capital invested by funds: $1.2B → $1.49B (+$288M)
22% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $9.75M
16% more funds holding
Funds holding: 124 → 144 (+20)
4.03% more ownership
Funds ownership: 54.75% → 58.78% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$37.1M |
| 2 |
O
OrbiMed
New York
|
+$36.8M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$29M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24M |
| 5 |
ClearBridge Investments
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$64M |
| 2 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$43M |
| 3 |
Morgan Stanley
New York
|
-$13.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.2M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$8.95M |
PGNY Hedge Fund Activity: Q3 2020 in Review
144 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q3 2020, worth a combined $1.49B — up 24% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PGNY positions and 22 closed out — a net gain of 21 holders — while 54 added to existing stakes and 29 trimmed.
The largest buyer was Macquarie Group, adding an estimated $37.1M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $64M.
- 144 institutional investors held Progyny (PGNY) as of Q3 2020, up from 124 in Q2 2020.
- Funds reported $1.49B of Progyny stock for Q3 2020, up 24% quarter-over-quarter.
- 43 funds opened new Progyny positions in Q3 2020 and 22 closed out, a net change of +21 holders.
- The largest Progyny buyer in Q3 2020 was Macquarie Group, an estimated $37.1M added.
- The largest Progyny seller in Q3 2020 was TPG Group Holdings (SBS) Advisors, an estimated $64M sold.
Based on aggregated 13F filings for Q3 2020.