FIS Christian Stock Fund
PRAY
8 hedge funds and large institutions have $26.7M invested in FIS Christian Stock Fund in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
60% more funds holding
Funds holding: 5 → 8 (+3)
13% more capital invested
Capital invested by funds: $23.6M → $26.7M (+$3.11M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.65% less ownership
Funds ownership: 82.45% → 75.8% (-6.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIA
LBMC Investment Advisors
Brentwood,
Tennessee
|
+$498K |
| 2 |
CIP
Capital Insight Partners
Scottsdale,
Arizona
|
+$422K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$172K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$10.4K |
| 5 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$6.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$518K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIP
1
Capital Insight Partners
Scottsdale,
Arizona
| $25.6M | +$422K | +17,620 | +2% |
|
|
LIA
2
LBMC Investment Advisors
Brentwood,
Tennessee
| $534K | +$498K | +20,780 | New |
|
|
3
Jane Street
New York
| $311K | -$518K | -21,611 | -64% |
|
|
4
Bank of Montreal
Toronto,
Ontario, Canada
| $173K | +$172K | +7,165 | New |
|
|
CFD
5
Creative Financial Designs
Kokomo,
Indiana
| $110K | +$6.42K | +268 | +7% |
|
|
BFEC
6
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | +$10.4K | +434 | New |
|
|
GWM
7
Geneos Wealth Management
Englewood,
Colorado
| $2.57K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $2.26K | +$2.11K | +88 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$8.98K | -386 | Closed |
|
PRAY Hedge Fund Activity: Q4 2023 in Review
8 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in FIS Christian Stock Fund (PRAY) for Q4 2023, worth a combined $26.7M — up 13% from $23.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PRAY positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was LBMC Investment Advisors, opening a new position worth an estimated $498K. The largest seller was Jane Street, cutting an estimated $518K.
- 8 institutional investors held FIS Christian Stock Fund (PRAY) as of Q4 2023, up from 5 in Q3 2023.
- Funds reported $26.7M of FIS Christian Stock Fund stock for Q4 2023, up 13% quarter-over-quarter.
- 4 funds opened new FIS Christian Stock Fund positions in Q4 2023 and 1 closed out, a net change of +3 holders.
- The largest FIS Christian Stock Fund buyer in Q4 2023 was LBMC Investment Advisors, an estimated $498K added.
- The largest FIS Christian Stock Fund seller in Q4 2023 was Jane Street, an estimated $518K sold.
Based on aggregated 13F filings for Q4 2023.