Progyny
PGNY
275 hedge funds and large institutions have $2.93B invested in Progyny in 2023 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 121 increasing their positions, 70 reducing their positions, and 29 closing their positions.
97% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $9.24M
73% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 70
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
4% more funds holding
Funds holding: 265 → 275 (+10)
4% more capital invested
Capital invested by funds: $2.83B → $2.93B (+$103M)
0.59% less ownership
Funds ownership: 97.77% → 97.18% (-0.59%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$35.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$26.5M |
| 3 |
Millennium Management
New York
|
+$24.8M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$20.5M |
| 5 |
Morgan Stanley
New York
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$101M |
| 2 |
BAMCO Inc
New York
|
-$36.3M |
| 3 |
Jennison Associates
New York
|
-$30.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$25.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$20.6M |
PGNY Hedge Fund Activity: Q1 2023 in Review
275 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Progyny (PGNY) for Q1 2023, worth a combined $2.93B — up 3.7% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PGNY positions and 29 closed out — a net gain of 15 holders — while 121 added to existing stakes and 70 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $35.1M. The largest seller was Macquarie Group, cutting an estimated $101M.
- 275 institutional investors held Progyny (PGNY) as of Q1 2023, up from 265 in Q4 2022.
- Funds reported $2.93B of Progyny stock for Q1 2023, up 3.7% quarter-over-quarter.
- 44 funds opened new Progyny positions in Q1 2023 and 29 closed out, a net change of +15 holders.
- The largest Progyny buyer in Q1 2023 was Fred Alger Management, an estimated $35.1M added.
- The largest Progyny seller in Q1 2023 was Macquarie Group, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2023.