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PRA Group

150 hedge funds and large institutions have $868M invested in PRA Group in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 64 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.51% less ownership

Funds ownership: 99.46%96.96% (-2.5%)

19% less funds holding

Funds holding: 185150 (-35)

27% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 64

42% less capital invested

Capital invested by funds: $1.51B → $868M (-$640M)

65% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 52

93% less call options, than puts

Call options by funds: $555K | Put options by funds: $7.48M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
150
Holders Change
-35
Holders Change %
-18.92%
% of All Funds
2.36%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
47
Reduced
64
Closed
52
Calls
$555K
Puts
$7.48M
Net Calls
-$6.92M
Net Calls Change
+$2.87M
Name Holding Trade Value Shares
Change
Change in
Stake
TD Asset Management
51
TD Asset Management
Ontario, Canada
$1.44M
CS
52
Credit Suisse
Switzerland
$1.4M +$170K +6,139 +11%
VCM
53
Vivaldi Capital Management
Illinois
$1.34M
AllianceBernstein
54
AllianceBernstein
Tennessee
$1.33M -$443 -16 -0%
T. Rowe Price Associates
55
T. Rowe Price Associates
Maryland
$1.32M +$48.3K +1,743 +3%
CAPTRUST Financial Advisors
56
CAPTRUST Financial Advisors
North Carolina
$1.29M -$19.1K -691 -1%
FDCDDQ
57
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.28M +$219K +7,900 +16%
Canada Life
58
Canada Life
Manitoba, Canada
$1.28M -$5.3M -191,322 -77%
First Trust Advisors
59
First Trust Advisors
Illinois
$1.28M -$1.07M -38,659 -41%
JP Morgan Chase
60
JP Morgan Chase
New York
$1.25M -$778K -28,084 -34%
Skandinaviska Enskilda Banken (SEB)
61
Skandinaviska Enskilda Banken (SEB)
Sweden
$1.16M +$277K +10,000 +24%
ICM
62
Invenomic Capital Management
Massachusetts
$1.16M +$1.4M +50,680 New
IECM
63
Intrinsic Edge Capital Management
Illinois
$1.14M +$1.39M +50,000 New
Prudential Financial
64
Prudential Financial
New Jersey
$1.13M +$293K +10,565 +27%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$1.08M -$39.5K -1,427 -3%
Russell Investments Group
66
Russell Investments Group
United Kingdom
$1.07M -$776K -27,995 -37%
SL
67
Salomon & Ludwin
Virginia
$1.07M
Victory Capital Management
68
Victory Capital Management
Texas
$1.04M -$17.8M -643,733 -93%
COPPSERS
69
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.01M +$83.3K +3,007 +7%
Thrivent Financial for Lutherans
70
Thrivent Financial for Lutherans
Minnesota
$856K -$32K -1,156 -3%
PRCP
71
Pacific Ridge Capital Partners
Oregon
$819K +$254K +9,157 +34%
ETC
72
Exchange Traded Concepts
Oklahoma
$799K -$14.1K -510 -1%
TPSF
73
Texas Permanent School Fund
Texas
$788K -$13.3K -481 -1%
Jane Street
74
Jane Street
New York
$784K +$563K +20,312 +145%
Citigroup
75
Citigroup
New York
$724K +$231K +8,329 +36%

PRAA Hedge Fund Activity: Q2 2023 in Review

150 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2023, worth a combined $868M — down 42% from $1.51B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of PRAA and 18 opened new positions — a net loss of 34 holders — while 64 trimmed existing stakes and 47 added.

The largest buyer was Wellington Management Group, adding an estimated $39.6M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $76M sold.

  • 150 institutional investors held PRA Group (PRAA) as of Q2 2023, down from 185 in Q1 2023.
  • Funds reported $868M of PRA Group stock for Q2 2023, down 42% quarter-over-quarter.
  • 18 funds opened new PRA Group positions in Q2 2023 and 52 closed out, a net change of -34 holders.
  • The largest PRA Group buyer in Q2 2023 was Wellington Management Group, an estimated $39.6M added.
  • The largest PRA Group seller in Q2 2023 was Stephens Investment Management Group, an estimated $76M sold.

Based on aggregated 13F filings for Q2 2023.