Porch Group
PRCH
137 hedge funds and large institutions have $227M invested in Porch Group in 2022 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 58 increasing their positions, 33 reducing their positions, and 35 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
50% more call options, than puts
Call options by funds: $754K | Put options by funds: $504K
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
3.97% less ownership
Funds ownership: 94.15% → 90.18% (-4%)
4% less funds holding
Funds holding: 143 → 137 (-6)
65% less capital invested
Capital invested by funds: $643M → $227M (-$415M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$15.5M |
| 2 |
Goldman Sachs
New York
|
+$6.93M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$6.84M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$6.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$31.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$17.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.6M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$13.4M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$11.8M |
PRCH Hedge Fund Activity: Q2 2022 in Review
137 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q2 2022, worth a combined $227M — down 65% from $643M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PRCH and 32 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 58 added.
The largest buyer was St. Denis J. Villere & Co, adding an estimated $15.5M. The largest seller was Ophir Asset Management, exiting entirely with an estimated $31.2M sold.
- 137 institutional investors held Porch Group (PRCH) as of Q2 2022, down from 143 in Q1 2022.
- Funds reported $227M of Porch Group stock for Q2 2022, down 65% quarter-over-quarter.
- 32 funds opened new Porch Group positions in Q2 2022 and 35 closed out, a net change of -3 holders.
- The largest Porch Group buyer in Q2 2022 was St. Denis J. Villere & Co, an estimated $15.5M added.
- The largest Porch Group seller in Q2 2022 was Ophir Asset Management, an estimated $31.2M sold.
Based on aggregated 13F filings for Q2 2022.