Progyny
PGNY
255 hedge funds and large institutions have $4.15B invested in Progyny in 2022 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 108 increasing their positions, 72 reducing their positions, and 42 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 72
32% more call options, than puts
Call options by funds: $8.42M | Put options by funds: $6.38M
7% more capital invested
Capital invested by funds: $3.87B → $4.15B (+$281M)
3.57% more ownership
Funds ownership: 84.89% → 88.47% (+3.6%)
10% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 42
2% less funds holding
Funds holding: 261 → 255 (-6)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$57.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$51.8M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$30.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$22.1M |
| 5 |
BAMCO Inc
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$46.4M |
| 2 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
-$20.1M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$10.7M |
| 4 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$8.97M |
| 5 |
OC
One01 Capital
Burlingame,
California
|
-$8.54M |
PGNY Hedge Fund Activity: Q1 2022 in Review
255 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q1 2022, worth a combined $4.15B — up 7.3% from $3.87B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PGNY and 38 opened new positions — a net loss of 4 holders — while 72 trimmed existing stakes and 108 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $57.2M. The largest seller was Fred Alger Management, cutting an estimated $46.4M.
- 255 institutional investors held Progyny (PGNY) as of Q1 2022, down from 261 in Q4 2021.
- Funds reported $4.15B of Progyny stock for Q1 2022, up 7.3% quarter-over-quarter.
- 38 funds opened new Progyny positions in Q1 2022 and 42 closed out, a net change of -4 holders.
- The largest Progyny buyer in Q1 2022 was Baillie Gifford & Co, an estimated $57.2M added.
- The largest Progyny seller in Q1 2022 was Fred Alger Management, an estimated $46.4M sold.
Based on aggregated 13F filings for Q1 2022.