PRA Group
PRAA
282 hedge funds and large institutions have $2.9B invested in PRA Group in 2013 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 120 increasing their positions, 89 reducing their positions, and 28 closing their positions.
71% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 28
35% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 89
8% more funds holding
Funds holding: 262 → 282 (+20)
9% less capital invested
Capital invested by funds: $3.19B → $2.9B (-$297M)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
85% less call options, than puts
Call options by funds: $5.42M | Put options by funds: $35.3M
Top Buyers
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$50.3M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$48.3M |
| 3 |
O
OppenheimerFunds
New York
|
-$25.5M |
| 4 |
Bank of New York Mellon
New York
|
-$20.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
301
Shelton Capital Management
Denver,
Colorado
| – | -$222K | -3,702 | Closed |
|
302
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$216K | -3,604 | Closed |
|
|
HW
303
Hancock Whitney
Gulfport,
Mississippi
| – | -$214K | -3,570 | Closed |
|
|
HIMCH
304
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$210K | -3,496 | Closed |
|
305
TD Asset Management
Toronto,
Ontario, Canada
| – | -$207K | -3,447 | Closed |
|
|
SCG
306
Strategic Capital Group
Gig Harbor,
Washington
| – | -$33K | -549 | Closed |
|
|
PAS
307
Partnervest Advisory Services
Santa Barbara,
California
| – | -$29K | -485 | Closed |
|
|
NES
308
New England Securities
New York
| – | -$11K | -189 | Closed |
|
309
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$6K | -100 | Closed |
|
|
FANJ
310
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -84 | Closed |
|
|
WAM
311
Wolverine Asset Management
Chicago,
Illinois
| – | -$1K | -27 | Closed |
|
PRAA Hedge Fund Activity: Q4 2013 in Review
282 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2013, worth a combined $2.9B — down 9.3% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PRAA positions and 28 closed out — a net gain of 20 holders — while 120 added to existing stakes and 89 trimmed.
The largest buyer was American Century Companies, adding an estimated $20.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $50.3M sold.
- 282 institutional investors held PRA Group (PRAA) as of Q4 2013, up from 262 in Q3 2013.
- Funds reported $2.9B of PRA Group stock for Q4 2013, down 9.3% quarter-over-quarter.
- 48 funds opened new PRA Group positions in Q4 2013 and 28 closed out, a net change of +20 holders.
- The largest PRA Group buyer in Q4 2013 was American Century Companies, an estimated $20.6M added.
- The largest PRA Group seller in Q4 2013 was Lord, Abbett & Co, an estimated $50.3M sold.
Based on aggregated 13F filings for Q4 2013.