PRA Group
PRAA
287 hedge funds and large institutions have $3.44B invested in PRA Group in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 106 increasing their positions, 111 reducing their positions, and 30 closing their positions.
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
18% more capital invested
Capital invested by funds: $2.92B → $3.44B (+$520M)
3% more funds holding
Funds holding: 278 → 287 (+9)
5% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 111
55% less call options, than puts
Call options by funds: $7.82M | Put options by funds: $17.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$118M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$75.2M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$21.1M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$18.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$35.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$32.9M |
| 3 |
Renaissance Technologies
New York
|
-$20.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$17.5M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$14.7M |
PRAA Hedge Fund Activity: Q2 2015 in Review
287 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2015, worth a combined $3.44B — up 18% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PRAA positions and 30 closed out — a net gain of 10 holders — while 106 added to existing stakes and 111 trimmed.
The largest buyer was BloombergSen, opening a new position worth an estimated $118M. The largest seller was TimesSquare Capital Management, cutting an estimated $35.2M.
- 287 institutional investors held PRA Group (PRAA) as of Q2 2015, up from 278 in Q1 2015.
- Funds reported $3.44B of PRA Group stock for Q2 2015, up 18% quarter-over-quarter.
- 40 funds opened new PRA Group positions in Q2 2015 and 30 closed out, a net change of +10 holders.
- The largest PRA Group buyer in Q2 2015 was BloombergSen, an estimated $118M added.
- The largest PRA Group seller in Q2 2015 was TimesSquare Capital Management, an estimated $35.2M sold.
Based on aggregated 13F filings for Q2 2015.