PRA Group
PRAA
196 hedge funds and large institutions have $1.31B invested in PRA Group in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 80 reducing their positions, and 40 closing their positions.
1.29% less ownership
Funds ownership: 120.36% → 119.07% (-1.3%)
9% less funds holding
Funds holding: 215 → 196 (-19)
16% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 80
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less call options, than puts
Call options by funds: $13.9M | Put options by funds: $18.8M
33% less capital invested
Capital invested by funds: $1.96B → $1.31B (-$650M)
45% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$23.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$8.45M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.2M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$7.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$32.1M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$28.7M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
-$18.8M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$7.18M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$6.68M |
PRAA Hedge Fund Activity: Q4 2018 in Review
196 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2018, worth a combined $1.31B — down 33% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of PRAA and 22 opened new positions — a net loss of 18 holders — while 80 trimmed existing stakes and 67 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $23.2M. The largest seller was Daruma Capital Management, exiting entirely with an estimated $32.1M sold.
- 196 institutional investors held PRA Group (PRAA) as of Q4 2018, down from 215 in Q3 2018.
- Funds reported $1.31B of PRA Group stock for Q4 2018, down 33% quarter-over-quarter.
- 22 funds opened new PRA Group positions in Q4 2018 and 40 closed out, a net change of -18 holders.
- The largest PRA Group buyer in Q4 2018 was Turtle Creek Asset Management, an estimated $23.2M added.
- The largest PRA Group seller in Q4 2018 was Daruma Capital Management, an estimated $32.1M sold.
Based on aggregated 13F filings for Q4 2018.