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PRA Group

225 hedge funds and large institutions have $1.71B invested in PRA Group in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

48% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 23

19% more capital invested

Capital invested by funds: $1.44B → $1.71B (+$269M)

5% more funds holding

Funds holding: 215225 (+10)

2.75% more ownership

Funds ownership: 111.32%114.07% (+2.7%)

22% less call options, than puts

Call options by funds: $8.21M | Put options by funds: $10.5M

31% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 88

Holders
225
Holders Change
+10
Holders Change %
+4.65%
% of All Funds
5.1%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.14%
New
34
Increased
61
Reduced
88
Closed
23
Calls
$8.21M
Puts
$10.5M
Net Calls
-$2.31M
Net Calls Change
+$4.31M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$192M -$6.62M -208,589 -3%
TCAM
2
Turtle Creek Asset Management
Ontario, Canada
$162M -$34.3M -1,079,921 -18%
Vanguard Group
3
Vanguard Group
Pennsylvania
$139M +$1.61M +50,785 +1%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$127M +$42.2M +1,328,867 +53%
RP
5
Riverbridge Partners
Minnesota
$88M -$4.76M -150,169 -5%
B
6
BloombergSen
Ontario, Canada
$78.6M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$73.4M +$9.96M +314,019 +17%
CB
8
Cooke & Bieler
Pennsylvania
$43.6M -$57.5K -1,812 -0.1%
WM
9
WS Management
Florida
$43M -$1.6M -50,364 -4%
State Street
10
State Street
Massachusetts
$38.5M +$1.83M +57,708 +5%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$35.7M +$18.2M +574,553 +114%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$33.3M -$3.58M -112,983 -10%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$26.3M -$286K -9,015 -1%
Northern Trust
14
Northern Trust
Illinois
$25.2M -$782K -24,641 -3%
Franklin Resources
15
Franklin Resources
California
$23.7M -$103K -3,252 -0.5%
ICOM
16
Investment Counselors of Maryland
Maryland
$22.8M +$2.2M +69,302 +11%
Capital World Investors
17
Capital World Investors
California
$22.2M +$21.3M +670,000 New
Bank of America
18
Bank of America
North Carolina
$20.7M -$8.48M -267,157 -30%
Barrow, Hanley, Mewhinney & Strauss
19
Barrow, Hanley, Mewhinney & Strauss
Texas
$20.2M -$775K -24,415 -4%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$18.6M -$1.17M -36,724 -6%
CIP
21
Chartwell Investment Partners
Pennsylvania
$18.1M -$635K -20,030 -4%
CAM
22
Cortina Asset Management
Wisconsin
$16.9M -$1.08M -34,114 -6%
ORI
23
Oak Ridge Investments
Illinois
$16.6M -$7.09M -223,481 -31%
William Blair & Company
24
William Blair & Company
Illinois
$16.1M +$14.5M +457,209 +1,581%
Boston Partners
25
Boston Partners
Massachusetts
$15.7M +$1.27M +39,968 +9%

PRAA Hedge Fund Activity: Q4 2017 in Review

225 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2017, worth a combined $1.71B — up 19% from $1.44B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PRAA positions and 23 closed out — a net gain of 11 holders — while 61 added to existing stakes and 88 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $42.2M. The largest seller was Turtle Creek Asset Management, cutting an estimated $34.3M.

  • 225 institutional investors held PRA Group (PRAA) as of Q4 2017, up from 215 in Q3 2017.
  • Funds reported $1.71B of PRA Group stock for Q4 2017, up 19% quarter-over-quarter.
  • 34 funds opened new PRA Group positions in Q4 2017 and 23 closed out, a net change of +11 holders.
  • The largest PRA Group buyer in Q4 2017 was T. Rowe Price Associates, an estimated $42.2M added.
  • The largest PRA Group seller in Q4 2017 was Turtle Creek Asset Management, an estimated $34.3M sold.

Based on aggregated 13F filings for Q4 2017.