PRA Group
PRAA
215 hedge funds and large institutions have $1.96B invested in PRA Group in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 86 increasing their positions, 64 reducing their positions, and 19 closing their positions.
141% more call options, than puts
Call options by funds: $5.58M | Put options by funds: $2.32M
34% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 64
3.61% more ownership
Funds ownership: 116.75% → 120.36% (+3.6%)
4% less capital invested
Capital invested by funds: $2.04B → $1.96B (-$74.7M)
3% less funds holding
Funds holding: 221 → 215 (-6)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$34.8M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$23.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.1M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$7.85M |
| 5 |
BlackRock
New York
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$14M |
| 2 |
WM
WS Management
Jacksonville,
Florida
|
-$8.81M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$6.33M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.92M |
| 5 |
JG
Jefferies Group
New York
|
-$4.66M |
PRAA Hedge Fund Activity: Q3 2018 in Review
215 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2018, worth a combined $1.96B — down 3.7% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PRAA and 15 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 86 added.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $34.8M. The largest seller was Millennium Management, exiting entirely with an estimated $14M sold.
- 215 institutional investors held PRA Group (PRAA) as of Q3 2018, down from 221 in Q2 2018.
- Funds reported $1.96B of PRA Group stock for Q3 2018, down 3.7% quarter-over-quarter.
- 15 funds opened new PRA Group positions in Q3 2018 and 19 closed out, a net change of -4 holders.
- The largest PRA Group buyer in Q3 2018 was Daruma Capital Management, an estimated $34.8M added.
- The largest PRA Group seller in Q3 2018 was Millennium Management, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2018.