PRA Group
PRAA
262 hedge funds and large institutions have $3.22B invested in PRA Group in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 99 increasing their positions, 102 reducing their positions, and 27 closing their positions.
51% more capital inflows, than outflows
Capital inflows: $343M | Capital outflows: $228M
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
6.21% more ownership
Funds ownership: 101.8% → 108.01% (+6.2%)
4% more funds holding
Funds holding: 253 → 262 (+9)
3% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 102
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
43% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $23.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OppenheimerFunds
New York
|
+$27M |
| 2 |
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$18.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.5M |
| 4 |
BlackRock Fund Advisors
San Francisco,
California
|
+$15.9M |
| 5 |
RS Investment Management
San Francisco,
California
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.4M |
| 2 |
Weatherbie Capital
Boston,
Massachusetts
|
-$34.8M |
| 3 |
Eagle Asset Management
St Petersburg,
Florida
|
-$14.3M |
| 4 |
Bank of New York Mellon
New York
|
-$11.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$11M |
PRAA Hedge Fund Activity: Q3 2013 in Review
262 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2013, worth a combined $3.22B — up 23% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PRAA positions and 27 closed out — a net gain of 12 holders — while 99 added to existing stakes and 102 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $27M. The largest seller was Fidelity Investments, cutting an estimated $49.4M.
- 262 institutional investors held PRA Group (PRAA) as of Q3 2013, up from 253 in Q2 2013.
- Funds reported $3.22B of PRA Group stock for Q3 2013, up 23% quarter-over-quarter.
- 39 funds opened new PRA Group positions in Q3 2013 and 27 closed out, a net change of +12 holders.
- The largest PRA Group buyer in Q3 2013 was OppenheimerFunds, an estimated $27M added.
- The largest PRA Group seller in Q3 2013 was Fidelity Investments, an estimated $49.4M sold.
Based on aggregated 13F filings for Q3 2013.