PRA Group
PRAA
196 hedge funds and large institutions have $1.94B invested in PRA Group in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 29 closing their positions.
44% more capital invested
Capital invested by funds: $1.35B → $1.94B (+$597M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3.31% more ownership
Funds ownership: 107.24% → 110.55% (+3.3%)
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
0% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 68
1% less funds holding
Funds holding: 197 → 196 (-1)
59% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $36.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$40.8M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$29.3M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$13.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.39M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.1M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$10.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.04M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.13M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$6.97M |
PRAA Hedge Fund Activity: Q2 2020 in Review
196 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2020, worth a combined $1.94B — up 44% from $1.35B a quarter earlier.
Fund positioning in PRAA was balanced in Q2 2020: 29 funds opened new positions, 29 closed out, 68 added to existing stakes and 68 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $40.8M. The largest seller was Dimensional Fund Advisors, cutting an estimated $13.1M.
- 196 institutional investors held PRA Group (PRAA) as of Q2 2020, down from 197 in Q1 2020.
- Funds reported $1.94B of PRA Group stock for Q2 2020, up 44% quarter-over-quarter.
- 29 funds opened new PRA Group positions in Q2 2020 and 29 closed out, a net change of 0 holders.
- The largest PRA Group buyer in Q2 2020 was Victory Capital Management, an estimated $40.8M added.
- The largest PRA Group seller in Q2 2020 was Dimensional Fund Advisors, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2020.