PRA Group
PRAA
151 hedge funds and large institutions have $869M invested in PRA Group in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 64 reducing their positions, and 52 closing their positions.
2.51% less ownership
Funds ownership: 99.49% → 96.98% (-2.5%)
19% less funds holding
Funds holding: 186 → 151 (-35)
27% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 64
29% less capital inflows, than outflows
Capital inflows: $148M | Capital outflows: $207M
65% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 52
93% less call options, than puts
Call options by funds: $555K | Put options by funds: $7.48M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.6M |
| 2 |
Bank of New York Mellon
New York
|
+$18M |
| 3 |
Royce & Associates
New York
|
+$12.6M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$8.77M |
| 5 |
Pinnacle Associates
New York
|
+$8.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stephens Investment Management Group
Houston,
Texas
|
-$76M |
| 2 |
Riverbridge Partners
Minneapolis,
Minnesota
|
-$29.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$17.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.7M |
PRAA Hedge Fund Activity: Q2 2023 in Review
151 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q2 2023, worth a combined $869M — down 42% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PRAA and 18 opened new positions — a net loss of 34 holders — while 64 trimmed existing stakes and 47 added.
The largest buyer was Wellington Management Group, adding an estimated $39.6M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $76M sold.
- 151 institutional investors held PRA Group (PRAA) as of Q2 2023, down from 186 in Q1 2023.
- Funds reported $869M of PRA Group stock for Q2 2023, down 42% quarter-over-quarter.
- 18 funds opened new PRA Group positions in Q2 2023 and 52 closed out, a net change of -34 holders.
- The largest PRA Group buyer in Q2 2023 was Wellington Management Group, an estimated $39.6M added.
- The largest PRA Group seller in Q2 2023 was Stephens Investment Management Group, an estimated $76M sold.
Based on aggregated 13F filings for Q2 2023.