PRA Group
PRAA
209 hedge funds and large institutions have $1.75B invested in PRA Group in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 79 reducing their positions, and 27 closing their positions.
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
0% more funds holding
Funds holding: 208 → 209 (+1)
2.2% less ownership
Funds ownership: 105.97% → 103.77% (-2.2%)
8% less capital invested
Capital invested by funds: $1.91B → $1.75B (-$158M)
14% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 79
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
89% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$15.1M |
| 2 |
BlackRock
New York
|
+$12M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.6M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$8.62M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$8.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$29.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.9M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$17M |
| 4 |
Bank of New York Mellon
New York
|
-$14.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$13.3M |
PRAA Hedge Fund Activity: Q1 2021 in Review
209 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q1 2021, worth a combined $1.75B — down 8.3% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PRAA positions and 27 closed out — a net gain of 3 holders — while 68 added to existing stakes and 79 trimmed.
The largest buyer was Turtle Creek Asset Management, adding an estimated $15.1M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $29.6M.
- 209 institutional investors held PRA Group (PRAA) as of Q1 2021, up from 208 in Q4 2020.
- Funds reported $1.75B of PRA Group stock for Q1 2021, down 8.3% quarter-over-quarter.
- 30 funds opened new PRA Group positions in Q1 2021 and 27 closed out, a net change of +3 holders.
- The largest PRA Group buyer in Q1 2021 was Turtle Creek Asset Management, an estimated $15.1M added.
- The largest PRA Group seller in Q1 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $29.6M sold.
Based on aggregated 13F filings for Q1 2021.