Porch Group
PRCH
33 hedge funds and large institutions have $135M invested in Porch Group in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and closing their positions.
14% more funds holding
Funds holding: 29 → 33 (+4)
6% more capital invested
Capital invested by funds: $127M → $135M (+$8.16M)
1.92% more ownership
Funds ownership: 75.38% → 77.31% (+1.9%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.03M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.77M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$2.73M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$985K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$749K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.39M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$2.63M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.3M |
| 4 |
Millennium Management
New York
|
-$840K |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$717K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Credit Suisse
Zurich,
Switzerland
| $508K | – | – | – |
|
|
MI
27
MMCAP International
Grand Cayman,
Cayman Islands
| $508K | – | – | – |
|
|
MSU
28
Mizuho Securities USA
New York
| $434K | +$436K | +44,100 | New |
|
29
California Public Employees Retirement System
Sacramento,
California
| $356K | +$348K | +35,200 | New |
|
|
DCM
30
Dupont Capital Management
Wilmington,
Delaware
| $101K | – | – | – |
|
31
Morgan Stanley
New York
| $4K | -$1.64K | -166 | -30% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $1K | +$1.38K | +140 | New |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$475 | +48 | New |
|
PRCH Hedge Fund Activity: Q2 2020 in Review
33 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q2 2020, worth a combined $135M — up 6.4% from $127M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PRCH positions and 0 closed out — a net gain of 5 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was W.R. Berkley Corp, adding an estimated $3.03M. The largest seller was AQR Arbitrage, cutting an estimated $3.39M.
- 33 institutional investors held Porch Group (PRCH) as of Q2 2020, up from 29 in Q1 2020.
- Funds reported $135M of Porch Group stock for Q2 2020, up 6.4% quarter-over-quarter.
- 5 funds opened new Porch Group positions in Q2 2020 and 0 closed out, a net change of +5 holders.
- The largest Porch Group buyer in Q2 2020 was W.R. Berkley Corp, an estimated $3.03M added.
- The largest Porch Group seller in Q2 2020 was AQR Arbitrage, an estimated $3.39M sold.
Based on aggregated 13F filings for Q2 2020.