PRA Group
PRAA
208 hedge funds and large institutions have $1.91B invested in PRA Group in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 59 increasing their positions, 87 reducing their positions, and 37 closing their positions.
2% less capital invested
Capital invested by funds: $1.95B → $1.91B (-$39.4M)
1.13% less ownership
Funds ownership: 107.1% → 105.97% (-1.1%)
9% less funds holding
Funds holding: 228 → 208 (-20)
32% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 87
49% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
97% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $34.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$10.1M |
| 2 |
BlackRock
New York
|
+$8.91M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$8.12M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.13M |
| 5 |
Bank of New York Mellon
New York
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$15.2M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.92M |
| 3 |
Goldman Sachs
New York
|
-$6.63M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.25M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$4.52M |
PRAA Hedge Fund Activity: Q4 2020 in Review
208 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2020, worth a combined $1.91B — down 2% from $1.95B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PRAA and 19 opened new positions — a net loss of 18 holders — while 87 trimmed existing stakes and 59 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $10.1M. The largest seller was GW&K Investment Management, cutting an estimated $15.2M.
- 208 institutional investors held PRA Group (PRAA) as of Q4 2020, down from 228 in Q3 2020.
- Funds reported $1.91B of PRA Group stock for Q4 2020, down 2% quarter-over-quarter.
- 19 funds opened new PRA Group positions in Q4 2020 and 37 closed out, a net change of -18 holders.
- The largest PRA Group buyer in Q4 2020 was Turtle Creek Asset Management, an estimated $10.1M added.
- The largest PRA Group seller in Q4 2020 was GW&K Investment Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2020.