PRA Group
PRAA
226 hedge funds and large institutions have $1.14B invested in PRA Group in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 80 increasing their positions, 87 reducing their positions, and 50 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 87
11% less funds holding
Funds holding: 254 → 226 (-28)
20% less capital invested
Capital invested by funds: $1.42B → $1.14B (-$277M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
52% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 50
93% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $22.5M
Top Buyers
| 1 |
WM
WS Management
Jacksonville,
Florida
|
+$24.9M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$19.6M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$13M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$11.5M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$10.9M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.6M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$14.4M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$9.14M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$8.07M |
| 5 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
-$8.06M |
PRAA Hedge Fund Activity: Q2 2016 in Review
226 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2016, worth a combined $1.14B — down 20% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PRAA and 24 opened new positions — a net loss of 26 holders — while 87 trimmed existing stakes and 80 added.
The largest buyer was WS Management, opening a new position worth an estimated $24.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $27.6M sold.
- 226 institutional investors held PRA Group (PRAA) as of Q2 2016, down from 254 in Q1 2016.
- Funds reported $1.14B of PRA Group stock for Q2 2016, down 20% quarter-over-quarter.
- 24 funds opened new PRA Group positions in Q2 2016 and 50 closed out, a net change of -26 holders.
- The largest PRA Group buyer in Q2 2016 was WS Management, an estimated $24.9M added.
- The largest PRA Group seller in Q2 2016 was Fidelity Investments, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2016.