PRA Group
PRAA
273 hedge funds and large institutions have $2.9B invested in PRA Group in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 94 increasing their positions, 105 reducing their positions, and 21 closing their positions.
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
6% more funds holding
Funds holding: 258 → 273 (+15)
10% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 105
12% less capital invested
Capital invested by funds: $3.31B → $2.9B (-$406M)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
89% less call options, than puts
Call options by funds: $3.69M | Put options by funds: $33.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$27.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.2M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$22.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.8M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$53.4M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$31.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$23.6M |
| 4 |
Bank of New York Mellon
New York
|
-$18M |
| 5 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$15.1M |
PRAA Hedge Fund Activity: Q3 2014 in Review
273 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2014, worth a combined $2.9B — down 12% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PRAA positions and 21 closed out — a net gain of 18 holders — while 94 added to existing stakes and 105 trimmed.
The largest buyer was William Blair & Company, adding an estimated $27.7M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $53.4M.
- 273 institutional investors held PRA Group (PRAA) as of Q3 2014, up from 258 in Q2 2014.
- Funds reported $2.9B of PRA Group stock for Q3 2014, down 12% quarter-over-quarter.
- 39 funds opened new PRA Group positions in Q3 2014 and 21 closed out, a net change of +18 holders.
- The largest PRA Group buyer in Q3 2014 was William Blair & Company, an estimated $27.7M added.
- The largest PRA Group seller in Q3 2014 was Vaughan Nelson Investment Management, an estimated $53.4M sold.
Based on aggregated 13F filings for Q3 2014.