PRA Group
PRAA
281 hedge funds and large institutions have $2.88B invested in PRA Group in 2015 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 122 increasing their positions, 95 reducing their positions, and 41 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 95
2% less funds holding
Funds holding: 287 → 281 (-6)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
16% less capital invested
Capital invested by funds: $3.44B → $2.88B (-$557M)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
67% less call options, than puts
Call options by funds: $6.43M | Put options by funds: $19.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$47.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$28.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$23.8M |
| 4 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$19.1M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$163M |
| 2 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$37.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$24.9M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$17.8M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$15.5M |
PRAA Hedge Fund Activity: Q3 2015 in Review
281 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2015, worth a combined $2.88B — down 16% from $3.44B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PRAA and 36 opened new positions — a net loss of 5 holders — while 95 trimmed existing stakes and 122 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $47.1M. The largest seller was William Blair & Company, cutting an estimated $163M.
- 281 institutional investors held PRA Group (PRAA) as of Q3 2015, down from 287 in Q2 2015.
- Funds reported $2.88B of PRA Group stock for Q3 2015, down 16% quarter-over-quarter.
- 36 funds opened new PRA Group positions in Q3 2015 and 41 closed out, a net change of -5 holders.
- The largest PRA Group buyer in Q3 2015 was Franklin Resources, an estimated $47.1M added.
- The largest PRA Group seller in Q3 2015 was William Blair & Company, an estimated $163M sold.
Based on aggregated 13F filings for Q3 2015.