PRA Group
PRAA
258 hedge funds and large institutions have $3.33B invested in PRA Group in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 103 increasing their positions, 107 reducing their positions, and 24 closing their positions.
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
4% more capital invested
Capital invested by funds: $3.21B → $3.33B (+$116M)
4% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 107
3% less funds holding
Funds holding: 265 → 258 (-7)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
76% less call options, than puts
Call options by funds: $4.28M | Put options by funds: $17.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$64.8M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$61.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.7M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$26.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$48.7M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$43.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$31.3M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$22.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$21M |
PRAA Hedge Fund Activity: Q2 2014 in Review
258 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2014, worth a combined $3.33B — up 3.6% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PRAA and 17 opened new positions — a net loss of 7 holders — while 107 trimmed existing stakes and 103 added.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $64.8M. The largest seller was Next Century Growth Investors, cutting an estimated $48.7M.
- 258 institutional investors held PRA Group (PRAA) as of Q2 2014, down from 265 in Q1 2014.
- Funds reported $3.33B of PRA Group stock for Q2 2014, up 3.6% quarter-over-quarter.
- 17 funds opened new PRA Group positions in Q2 2014 and 24 closed out, a net change of -7 holders.
- The largest PRA Group buyer in Q2 2014 was Vaughan Nelson Investment Management, an estimated $64.8M added.
- The largest PRA Group seller in Q2 2014 was Next Century Growth Investors, an estimated $48.7M sold.
Based on aggregated 13F filings for Q2 2014.