PRA Group
PRAA
196 hedge funds and large institutions have $1.73B invested in PRA Group in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
18% more capital invested
Capital invested by funds: $1.46B → $1.73B (+$268M)
3% more funds holding
Funds holding: 191 → 196 (+5)
2% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 64
3% less call options, than puts
Call options by funds: $24M | Put options by funds: $24.6M
1.82% less ownership
Funds ownership: 114.65% → 112.83% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$16.2M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$13.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.97M |
| 4 |
D.E. Shaw & Co
New York
|
+$8.91M |
| 5 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$7.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$31.3M |
| 2 |
WM
WS Management
Jacksonville,
Florida
|
-$9.24M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.21M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.31M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$5.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Walleye Trading
New York
| – | -$77.5K | -2,436 | Closed |
|
202
Simplex Trading
Chicago,
Illinois
| – | -$77.3K | -2,427 | Closed |
|
|
HDIM
203
Hanson & Doremus Investment Management
Burlington,
Vermont
| – | -$17K | -600 | Closed |
|
|
TRCT
204
Tower Research Capital (TRC)
New York
| – | -$8K | -279 | Closed |
|
|
AOWM
205
Alpha Omega Wealth Management
Richmond,
Virginia
| – | -$4K | -140 | Closed |
|
|
CFA
206
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$4K | -138 | Closed |
|
207
Nomura Holdings
Tokyo,
Japan
| – | -$2K | -86 | Closed |
|
|
CAW
208
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -58 | Closed |
|
|
PCG
209
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -35 | Closed |
|
|
RCAG
210
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$787 | -28 | Closed |
|
|
IA
211
IFP Advisors
Tampa,
Florida
| – | +$382 | +12 | New |
|
PRAA Hedge Fund Activity: Q3 2019 in Review
196 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2019, worth a combined $1.73B — up 18% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PRAA positions and 17 closed out — a net gain of 7 holders — while 63 added to existing stakes and 64 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $16.2M. The largest seller was Turtle Creek Asset Management, cutting an estimated $31.3M.
- 196 institutional investors held PRA Group (PRAA) as of Q3 2019, up from 191 in Q2 2019.
- Funds reported $1.73B of PRA Group stock for Q3 2019, up 18% quarter-over-quarter.
- 24 funds opened new PRA Group positions in Q3 2019 and 17 closed out, a net change of +7 holders.
- The largest PRA Group buyer in Q3 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $16.2M added.
- The largest PRA Group seller in Q3 2019 was Turtle Creek Asset Management, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2019.