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PRA Group

209 hedge funds and large institutions have $1.75B invested in PRA Group in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 79 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

0% more funds holding

Funds holding: 208209 (+1)

2.2% less ownership

Funds ownership: 105.97%103.77% (-2.2%)

8% less capital invested

Capital invested by funds: $1.91B → $1.75B (-$158M)

14% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 79

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

89% less call options, than puts

Call options by funds: $2.9M | Put options by funds: $25.6M

Holders
209
Holders Change
+1
Holders Change %
+0.48%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
68
Reduced
79
Closed
27
Calls
$2.9M
Puts
$25.6M
Net Calls
-$22.7M
Net Calls Change
+$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
26
D.E. Shaw & Co
New York
$17.5M +$1.04M +28,727 +6%
Norges Bank
27
Norges Bank
Norway
$16.3M -$1.92M -52,798 -11%
Charles Schwab
28
Charles Schwab
California
$15.5M -$284K -7,803 -2%
Principal Financial Group
29
Principal Financial Group
Iowa
$11.6M -$6.58K -181 -0.1%
Ameriprise
30
Ameriprise
Minnesota
$9.9M +$612K +16,828 +7%
N
31
Nuveen
North Carolina
$9.8M +$212K +5,844 +2%
Arrowstreet Capital
32
Arrowstreet Capital
Massachusetts
$9.79M +$9.6M +264,162 New
Renaissance Technologies
33
Renaissance Technologies
New York
$9.59M -$2.45M -67,400 -21%
Canada Life
34
Canada Life
Manitoba, Canada
$8.61M -$151K -4,157 -2%
IMOV
35
Investment Management of Virginia
Virginia
$8.25M +$2.73K +75 +0%
FCM
36
Frontier Capital Management
Massachusetts
$7.45M -$584K -16,056 -7%
Morgan Stanley
37
Morgan Stanley
New York
$7.22M -$7.63K -210 -0.1%
STB
38
S&T Bank
Pennsylvania
$7.21M +$146K +4,017 +2%
William Blair & Company
39
William Blair & Company
Illinois
$6.8M +$78.5K +2,159 +1%
WSTAM
40
Wilbanks Smith & Thomas Asset Management
Virginia
$6.54M +$7.27K +200 +0.1%
JP Morgan Chase
41
JP Morgan Chase
New York
$6.43M +$3.34M +91,823 +113%
Legal & General Group
42
Legal & General Group
United Kingdom
$5.69M +$218K +6,010 +4%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$5.48M +$33K +907 +0.6%
Invesco
44
Invesco
Georgia
$5.46M +$139K +3,837 +3%
SI
45
Scout Investments
Missouri
$5.15M +$490K +13,478 +11%
Two Sigma Investments
46
Two Sigma Investments
New York
$5M +$4.9M +134,905 New
PPA
47
Parametric Portfolio Associates
Washington
$4.32M -$522K -14,358 -11%
Citigroup
48
Citigroup
New York
$4.14M +$1.93M +53,077 +90%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.09M +$343K +9,438 +9%
RBA
50
Richard Bernstein Advisors
New York
$3.96M

PRAA Hedge Fund Activity: Q1 2021 in Review

209 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q1 2021, worth a combined $1.75B — down 8.3% from $1.91B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PRAA positions and 27 closed out — a net gain of 3 holders — while 68 added to existing stakes and 79 trimmed.

The largest buyer was Turtle Creek Asset Management, adding an estimated $15.1M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $29.6M.

  • 209 institutional investors held PRA Group (PRAA) as of Q1 2021, up from 208 in Q4 2020.
  • Funds reported $1.75B of PRA Group stock for Q1 2021, down 8.3% quarter-over-quarter.
  • 30 funds opened new PRA Group positions in Q1 2021 and 27 closed out, a net change of +3 holders.
  • The largest PRA Group buyer in Q1 2021 was Turtle Creek Asset Management, an estimated $15.1M added.
  • The largest PRA Group seller in Q1 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $29.6M sold.

Based on aggregated 13F filings for Q1 2021.