PRA Group
PRAA
152 hedge funds and large institutions have $719M invested in PRA Group in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 65 reducing their positions, and 18 closing their positions.
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
1% more funds holding
Funds holding: 150 → 152 (+2)
1.63% less ownership
Funds ownership: 96.96% → 95.33% (-1.6%)
17% less capital invested
Capital invested by funds: $868M → $719M (-$150M)
25% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 65
45% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $2.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$19.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.95M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$4.31M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$4.11M |
| 5 |
RA
Royce & Associates
New York
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$19M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$10.4M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$7.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.28M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$4.42M |
PRAA Hedge Fund Activity: Q3 2023 in Review
152 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2023, worth a combined $719M — down 17% from $868M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PRAA positions and 18 closed out — a net gain of 2 holders — while 49 added to existing stakes and 65 trimmed.
The largest buyer was UBS Group, adding an estimated $19.7M. The largest seller was Boston Partners, exiting entirely with an estimated $19M sold.
- 152 institutional investors held PRA Group (PRAA) as of Q3 2023, up from 150 in Q2 2023.
- Funds reported $719M of PRA Group stock for Q3 2023, down 17% quarter-over-quarter.
- 20 funds opened new PRA Group positions in Q3 2023 and 18 closed out, a net change of +2 holders.
- The largest PRA Group buyer in Q3 2023 was UBS Group, an estimated $19.7M added.
- The largest PRA Group seller in Q3 2023 was Boston Partners, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2023.