PRA Group
PRAA
197 hedge funds and large institutions have $1.35B invested in PRA Group in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 75 increasing their positions, 63 reducing their positions, and 29 closing their positions.
137% more call options, than puts
Call options by funds: $7.39M | Put options by funds: $3.12M
19% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 204 → 197 (-7)
3.52% less ownership
Funds ownership: 110.78% → 107.26% (-3.5%)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
26% less capital invested
Capital invested by funds: $1.83B → $1.35B (-$478M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.42M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$9.06M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$7.16M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.92M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$27.2M |
| 2 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$25.3M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$16M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.4M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$9.28M |
PRAA Hedge Fund Activity: Q1 2020 in Review
197 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q1 2020, worth a combined $1.35B — down 26% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PRAA and 25 opened new positions — a net loss of 4 holders — while 63 trimmed existing stakes and 75 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $9.42M. The largest seller was Massachusetts Financial Services, cutting an estimated $27.2M.
- 197 institutional investors held PRA Group (PRAA) as of Q1 2020, down from 204 in Q4 2019.
- Funds reported $1.35B of PRA Group stock for Q1 2020, down 26% quarter-over-quarter.
- 25 funds opened new PRA Group positions in Q1 2020 and 29 closed out, a net change of -4 holders.
- The largest PRA Group buyer in Q1 2020 was T. Rowe Price Associates, an estimated $9.42M added.
- The largest PRA Group seller in Q1 2020 was Massachusetts Financial Services, an estimated $27.2M sold.
Based on aggregated 13F filings for Q1 2020.