PRA Group
PRAA
163 hedge funds and large institutions have $736M invested in PRA Group in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 53 reducing their positions, and 21 closing their positions.
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
5% more funds holding
Funds holding: 155 → 163 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.13% less ownership
Funds ownership: 95.31% → 95.18% (-0.13%)
3% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $1.21M
11% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 53
25% less capital invested
Capital invested by funds: $976M → $736M (-$240M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$5.97M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.48M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.43M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$3.06M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.03M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
-$3.44M |
| 3 |
PA
Pinnacle Associates
New York
|
-$3.14M |
| 4 |
Bank of New York Mellon
New York
|
-$2.17M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$2.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COPPSERS
176
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$221K | -8,475 | Closed |
|
177
Victory Capital Management
San Antonio,
Texas
| – | -$216K | -8,296 | Closed |
|
178
ProShare Advisors
Bethesda,
Maryland
| – | -$203K | -7,802 | Closed |
|
|
ACM
179
Aquatic Capital Management
Chicago,
Illinois
| – | -$172K | -6,600 | Closed |
|
|
MLICM
180
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$53.4K | -2,048 | Closed |
|
181
KBC Group
Brussels,
Belgium
| – | -$44K | -1,695 | Closed |
|
|
AWM
182
Avior Wealth Management
Omaha,
Nebraska
| – | -$19.5K | -746 | Closed |
|
183
HighTower Advisors
Chicago,
Illinois
| – | -$6K | -222 | Closed |
|
PRAA Hedge Fund Activity: Q2 2024 in Review
163 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2024, worth a combined $736M — down 25% from $976M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PRAA positions and 21 closed out — a net gain of 10 holders — while 47 added to existing stakes and 53 trimmed.
The largest buyer was Clearstead Advisors, opening a new position worth an estimated $5.97M. The largest seller was Millennium Management, cutting an estimated $4.03M.
- 163 institutional investors held PRA Group (PRAA) as of Q2 2024, up from 155 in Q1 2024.
- Funds reported $736M of PRA Group stock for Q2 2024, down 25% quarter-over-quarter.
- 31 funds opened new PRA Group positions in Q2 2024 and 21 closed out, a net change of +10 holders.
- The largest PRA Group buyer in Q2 2024 was Clearstead Advisors, an estimated $5.97M added.
- The largest PRA Group seller in Q2 2024 was Millennium Management, an estimated $4.03M sold.
Based on aggregated 13F filings for Q2 2024.