ProAssurance
PRA was delisted on the 25th of June, 2026.
199 hedge funds and large institutions have $1.2B invested in ProAssurance in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 72 reducing their positions, and 27 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $1.05B → $1.2B (+$147M)
6.96% more ownership
Funds ownership: 90.45% → 97.42% (+7%)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% more funds holding
Funds holding: 198 → 199 (+1)
10% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 72
25% less call options, than puts
Call options by funds: $378K | Put options by funds: $503K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$31.6M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$24.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.9M |
| 4 |
Man Group
London,
United Kingdom
|
+$16.9M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.89M |
| 3 |
WIC
Water Island Capital
New York
|
-$8.02M |
| 4 |
Squarepoint
New York
|
-$6.6M |
| 5 |
Renaissance Technologies
New York
|
-$6.35M |
PRA Hedge Fund Activity: Q3 2025 in Review
199 of the 7,631 institutional investors tracked by Wall St. Rank reported a position in ProAssurance (PRA) for Q3 2025, worth a combined $1.2B — up 14% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PRA positions and 27 closed out — a net gain of 1 holder — while 65 added to existing stakes and 72 trimmed.
The largest buyer was Nexpoint Asset Management, opening a new position worth an estimated $31.6M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $11.2M sold.
- 199 institutional investors held ProAssurance (PRA) as of Q3 2025, up from 198 in Q2 2025.
- Funds reported $1.2B of ProAssurance stock for Q3 2025, up 14% quarter-over-quarter.
- 28 funds opened new ProAssurance positions in Q3 2025 and 27 closed out, a net change of +1 holder.
- The largest ProAssurance buyer in Q3 2025 was Nexpoint Asset Management, an estimated $31.6M added.
- The largest ProAssurance seller in Q3 2025 was Adage Capital Partners, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2025.