PRA Group
PRAA
204 hedge funds and large institutions have $1.83B invested in PRA Group in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 62 increasing their positions, 70 reducing their positions, and 16 closing their positions.
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
5% more capital invested
Capital invested by funds: $1.73B → $1.83B (+$94.2M)
4% more funds holding
Funds holding: 196 → 204 (+8)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.06% less ownership
Funds ownership: 112.83% → 110.78% (-2.1%)
11% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 70
62% less call options, than puts
Call options by funds: $22.9M | Put options by funds: $60M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$7.03M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$5.13M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$4.31M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.6M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$37.7M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$14.7M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.66M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.02M |
| 5 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$3.74M |
PRAA Hedge Fund Activity: Q4 2019 in Review
204 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2019, worth a combined $1.83B — up 5.4% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PRAA positions and 16 closed out — a net gain of 15 holders — while 62 added to existing stakes and 70 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $7.03M. The largest seller was T. Rowe Price Associates, cutting an estimated $37.7M.
- 204 institutional investors held PRA Group (PRAA) as of Q4 2019, up from 196 in Q3 2019.
- Funds reported $1.83B of PRA Group stock for Q4 2019, up 5.4% quarter-over-quarter.
- 31 funds opened new PRA Group positions in Q4 2019 and 16 closed out, a net change of +15 holders.
- The largest PRA Group buyer in Q4 2019 was D.E. Shaw & Co, an estimated $7.03M added.
- The largest PRA Group seller in Q4 2019 was T. Rowe Price Associates, an estimated $37.7M sold.
Based on aggregated 13F filings for Q4 2019.