PRA Group
PRAA
221 hedge funds and large institutions have $2.04B invested in PRA Group in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 84 increasing their positions, 71 reducing their positions, and 19 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 71
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
3% more call options, than puts
Call options by funds: $7.64M | Put options by funds: $7.38M
2% more capital invested
Capital invested by funds: $2B → $2.04B (+$43.2M)
0.64% more ownership
Funds ownership: 116.11% → 116.75% (+0.64%)
0% less funds holding
Funds holding: 222 → 221 (-1)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.7M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$7.44M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.95M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$6.37M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$23.7M |
| 2 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$8.43M |
| 3 |
WM
WS Management
Jacksonville,
Florida
|
-$6.47M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$6.21M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.19M |
PRAA Hedge Fund Activity: Q2 2018 in Review
221 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2018, worth a combined $2.04B — up 2.2% from $2B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PRAA positions and 19 closed out — a net gain of 1 holder — while 84 added to existing stakes and 71 trimmed.
The largest buyer was BlackRock, adding an estimated $16.7M. The largest seller was Turtle Creek Asset Management, cutting an estimated $23.7M.
- 221 institutional investors held PRA Group (PRAA) as of Q2 2018, down from 222 in Q1 2018.
- Funds reported $2.04B of PRA Group stock for Q2 2018, up 2.2% quarter-over-quarter.
- 20 funds opened new PRA Group positions in Q2 2018 and 19 closed out, a net change of +1 holder.
- The largest PRA Group buyer in Q2 2018 was BlackRock, an estimated $16.7M added.
- The largest PRA Group seller in Q2 2018 was Turtle Creek Asset Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q2 2018.