PRA Group
PRAA
270 hedge funds and large institutions have $3.23B invested in PRA Group in 2014 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 109 increasing their positions, 100 reducing their positions, and 37 closing their positions.
11% more capital invested
Capital invested by funds: $2.92B → $3.23B (+$312M)
9% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 100
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 37
1% less funds holding
Funds holding: 273 → 270 (-3)
91% less call options, than puts
Call options by funds: $2.61M | Put options by funds: $28.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$33.6M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$18.3M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$15.3M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$23.8M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$22.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$19.1M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
301
Tower Research Capital (TRC)
New York
| – | -$47K | -891 | Closed |
|
|
SAC
302
Smith Affiliated Capital
New York
| – | -$18.1K | -346 | Closed |
|
|
NFG
303
Next Financial Group
Houston,
Texas
| – | -$15K | -279 | Closed |
|
|
RFA
304
Reilly Financial Advisors
La Mesa,
California
| – | -$10K | -200 | Closed |
|
|
PTC
305
Private Trust Company
Cleveland,
Ohio
| – | -$5K | -92 | Closed |
|
306
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -19 | Closed |
|
|
EMA
307
Efficient Market Advisors
San Diego,
California
| – | -$1K | -18 | Closed |
|
|
W
308
Wealthfront
Palo Alto,
California
| – | +$59 | +1 | New |
|
PRAA Hedge Fund Activity: Q4 2014 in Review
270 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2014, worth a combined $3.23B — up 11% from $2.92B a quarter earlier.
Fund positioning in PRAA was balanced in Q4 2014: 37 funds opened new positions, 37 closed out, 109 added to existing stakes and 100 trimmed.
The largest buyer was Luther King Capital Management (LKCM), opening a new position worth an estimated $33.6M. The largest seller was Bank of New York Mellon, cutting an estimated $23.8M.
- 270 institutional investors held PRA Group (PRAA) as of Q4 2014, down from 273 in Q3 2014.
- Funds reported $3.23B of PRA Group stock for Q4 2014, up 11% quarter-over-quarter.
- 37 funds opened new PRA Group positions in Q4 2014 and 37 closed out, a net change of 0 holders.
- The largest PRA Group buyer in Q4 2014 was Luther King Capital Management (LKCM), an estimated $33.6M added.
- The largest PRA Group seller in Q4 2014 was Bank of New York Mellon, an estimated $23.8M sold.
Based on aggregated 13F filings for Q4 2014.