PRA Group
PRAA
174 hedge funds and large institutions have $1.26B invested in PRA Group in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 69 reducing their positions, and 22 closing their positions.
67% more call options, than puts
Call options by funds: $2.04M | Put options by funds: $1.22M
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 175 → 174 (-1)
3% less capital invested
Capital invested by funds: $1.3B → $1.26B (-$41.6M)
6.03% less ownership
Funds ownership: 101.37% → 95.34% (-6%)
33% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.9M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$10.3M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$7.08M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$5.18M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$24.2M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$4.73M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.92M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.88M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$2.62M |
PRAA Hedge Fund Activity: Q4 2022 in Review
174 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2022, worth a combined $1.26B — down 3.2% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PRAA positions and 22 closed out — a net gain of 2 holders — while 46 added to existing stakes and 69 trimmed.
The largest buyer was BlackRock, adding an estimated $10.9M. The largest seller was Turtle Creek Asset Management, exiting entirely with an estimated $24.2M sold.
- 174 institutional investors held PRA Group (PRAA) as of Q4 2022, down from 175 in Q3 2022.
- Funds reported $1.26B of PRA Group stock for Q4 2022, down 3.2% quarter-over-quarter.
- 24 funds opened new PRA Group positions in Q4 2022 and 22 closed out, a net change of +2 holders.
- The largest PRA Group buyer in Q4 2022 was BlackRock, an estimated $10.9M added.
- The largest PRA Group seller in Q4 2022 was Turtle Creek Asset Management, an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2022.