PRA Group
PRAA
218 hedge funds and large institutions have $1.58B invested in PRA Group in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 80 increasing their positions, 80 reducing their positions, and 35 closing their positions.
0.46% more ownership
Funds ownership: 101.97% → 102.44% (+0.46%)
0% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 80
10% less funds holding
Funds holding: 242 → 218 (-24)
14% less capital invested
Capital invested by funds: $1.85B → $1.58B (-$266M)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
47% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $3.31M
51% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$225M |
| 2 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$82.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$8.26M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$27.3M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$11.7M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$11.6M |
| 4 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$10.1M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$10.1M |
PRAA Hedge Fund Activity: Q1 2017 in Review
218 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q1 2017, worth a combined $1.58B — down 14% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PRAA and 17 opened new positions — a net loss of 18 holders — while 80 trimmed existing stakes and 80 added.
The largest buyer was BlackRock, adding an estimated $225M. The largest seller was DF Dent & Co, cutting an estimated $27.3M.
- 218 institutional investors held PRA Group (PRAA) as of Q1 2017, down from 242 in Q4 2016.
- Funds reported $1.58B of PRA Group stock for Q1 2017, down 14% quarter-over-quarter.
- 17 funds opened new PRA Group positions in Q1 2017 and 35 closed out, a net change of -18 holders.
- The largest PRA Group buyer in Q1 2017 was BlackRock, an estimated $225M added.
- The largest PRA Group seller in Q1 2017 was DF Dent & Co, an estimated $27.3M sold.
Based on aggregated 13F filings for Q1 2017.