PRA Group
PRAA
279 hedge funds and large institutions have $1.83B invested in PRA Group in 2015 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 113 increasing their positions, 98 reducing their positions, and 39 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 98
0% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 39
1% less funds holding
Funds holding: 281 → 279 (-2)
36% less capital invested
Capital invested by funds: $2.85B → $1.83B (-$1.03B)
54% less funds holding in top 10
Funds holding in top 10: 13 → 6 (-7)
71% less call options, than puts
Call options by funds: $3.38M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$35.3M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$27.9M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$17.3M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$95.7M |
| 2 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$38.8M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$37.2M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$18M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$16.6M |
PRAA Hedge Fund Activity: Q4 2015 in Review
279 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2015, worth a combined $1.83B — down 36% from $2.85B a quarter earlier.
Fund positioning in PRAA was balanced in Q4 2015: 39 funds opened new positions, 39 closed out, 113 added to existing stakes and 98 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $42.9M. The largest seller was RS Investment Management, exiting entirely with an estimated $95.7M sold.
- 279 institutional investors held PRA Group (PRAA) as of Q4 2015, down from 281 in Q3 2015.
- Funds reported $1.83B of PRA Group stock for Q4 2015, down 36% quarter-over-quarter.
- 39 funds opened new PRA Group positions in Q4 2015 and 39 closed out, a net change of 0 holders.
- The largest PRA Group buyer in Q4 2015 was Royal Bank of Canada, an estimated $42.9M added.
- The largest PRA Group seller in Q4 2015 was RS Investment Management, an estimated $95.7M sold.
Based on aggregated 13F filings for Q4 2015.