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PRA Group

150 hedge funds and large institutions have $1.01B invested in PRA Group in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more capital invested

Capital invested by funds: $719M → $1.01B (+$293M)

3.11% more ownership

Funds ownership: 95.33%98.44% (+3.1%)

1% less funds holding

Funds holding: 152150 (-2)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

19% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 58

38% less call options, than puts

Call options by funds: $2.46M | Put options by funds: $3.99M

Holders
150
Holders Change
-2
Holders Change %
-1.32%
% of All Funds
2.19%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
47
Reduced
58
Closed
20
Calls
$2.46M
Puts
$3.99M
Net Calls
-$1.53M
Net Calls Change
-$463K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$171M +$6.2M +331,572 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$112M -$414K -22,128 -0.5%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$96M -$4.15M -221,795 -6%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$71.2M -$12.1M -647,038 -19%
EC
5
Engaged Capital
California
$52.7M +$37.6M +2,010,750 New
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$42.8M -$546K -29,198 -2%
GACM
7
Global Alpha Capital Management
Quebec, Canada
$42.5M +$4.45M +237,800 +17%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$40.7M +$4.06M +217,304 +16%
State Street
9
State Street
Massachusetts
$39.6M +$541K +28,911 +2%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$27.7M -$525K -28,070 -3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$22.4M +$798K +42,676 +5%
Morgan Stanley
12
Morgan Stanley
New York
$21.7M +$8.53M +455,851 +123%
RA
13
Royce & Associates
New York
$21.4M +$3.5M +186,932 +30%
Charles Schwab
14
Charles Schwab
California
$17.5M +$1.46M +77,819 +13%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$16.6M +$3.9M +208,337 +49%
CIP
16
Chartwell Investment Partners
Pennsylvania
$12.7M +$1.29M +68,963 +17%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$11.8M +$993K +53,107 +13%
Northern Trust
18
Northern Trust
Illinois
$11.4M +$282K +15,074 +4%
Jacobs Levy Equity Management
19
Jacobs Levy Equity Management
New Jersey
$11.2M -$453K -24,208 -5%
Bank of America
20
Bank of America
North Carolina
$10.5M -$241K -12,879 -3%
N
21
Nuveen
North Carolina
$8.16M +$3.49M +186,678 +149%
PA
22
Pinnacle Associates
New York
$7.8M -$153K -8,179 -3%
WSTAM
23
Wilbanks Smith & Thomas Asset Management
Virginia
$7.69M +$3.61M +193,117 +192%
PCM
24
Peregrine Capital Management
Minnesota
$7.1M -$1.67M -89,551 -25%
Ameriprise
25
Ameriprise
Minnesota
$6.96M +$49.6K +2,651 +1%

PRAA Hedge Fund Activity: Q4 2023 in Review

150 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q4 2023, worth a combined $1.01B — up 41% from $719M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of PRAA and 18 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 47 added.

The largest buyer was Engaged Capital, opening a new position worth an estimated $37.6M. The largest seller was UBS Group, cutting an estimated $17.8M.

  • 150 institutional investors held PRA Group (PRAA) as of Q4 2023, down from 152 in Q3 2023.
  • Funds reported $1.01B of PRA Group stock for Q4 2023, up 41% quarter-over-quarter.
  • 18 funds opened new PRA Group positions in Q4 2023 and 20 closed out, a net change of -2 holders.
  • The largest PRA Group buyer in Q4 2023 was Engaged Capital, an estimated $37.6M added.
  • The largest PRA Group seller in Q4 2023 was UBS Group, an estimated $17.8M sold.

Based on aggregated 13F filings for Q4 2023.