PRA Group
PRAA
278 hedge funds and large institutions have $2.92B invested in PRA Group in 2015 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 100 increasing their positions, 111 reducing their positions, and 29 closing their positions.
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
3% more funds holding
Funds holding: 270 → 278 (+8)
10% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 111
10% less capital invested
Capital invested by funds: $3.23B → $2.92B (-$313M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
77% less call options, than puts
Call options by funds: $6.42M | Put options by funds: $28.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$23.1M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$21.6M |
| 3 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$19.2M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$14.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$34.2M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$28.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$26.9M |
| 4 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$25.5M |
| 5 |
Neuberger Berman Group
New York
|
-$25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LS
301
Lupo Securities
Chicago,
Illinois
| – | -$106K | -1,831 | Closed |
|
|
NCM
302
Nelson Capital Management
Menlo Park,
California
| – | -$19K | -321 | Closed |
|
|
RC
303
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$16.5K | -285 | Closed |
|
|
WA
304
Waverly Advisors
Birmingham,
Alabama
| – | -$16K | -270 | Closed |
|
305
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -150 | Closed |
|
|
BRWA
306
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$7 | -117 | Closed |
|
|
GT
307
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1K | -19 | Closed |
|
PRAA Hedge Fund Activity: Q1 2015 in Review
278 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q1 2015, worth a combined $2.92B — down 9.7% from $3.23B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PRAA positions and 29 closed out — a net gain of 10 holders — while 100 added to existing stakes and 111 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $23.1M. The largest seller was William Blair & Company, cutting an estimated $34.2M.
- 278 institutional investors held PRA Group (PRAA) as of Q1 2015, up from 270 in Q4 2014.
- Funds reported $2.92B of PRA Group stock for Q1 2015, down 9.7% quarter-over-quarter.
- 39 funds opened new PRA Group positions in Q1 2015 and 29 closed out, a net change of +10 holders.
- The largest PRA Group buyer in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $23.1M added.
- The largest PRA Group seller in Q1 2015 was William Blair & Company, an estimated $34.2M sold.
Based on aggregated 13F filings for Q1 2015.