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Porch Group
PRCH

44 hedge funds and large institutions have $185M invested in Porch Group in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 18

37% more capital invested

Capital invested by funds: $135M → $185M (+$50M)

33% more funds holding

Funds holding: 33 → 44 (+11)

20.46% more ownership

Funds ownership: 77.31% → 97.76% (+20%)

70% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 10

Holders
44
Holders Change
+11
Holders Change %
+33.33%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
29
Increased
3
Reduced
10
Closed
18
Calls
$801K
Puts
–
Net Calls
+$801K
Net Calls Change
+$203K

Top Buyers

Rank Fund Capital Flow
1
GIM
Granahan Investment Management
Massachusetts
+$30.8M
2
AWG
Alpha Wave Global
New York
+$17.4M
3
William Blair Investment Management
William Blair Investment Management
Illinois
+$11.9M
4
MF
Magnetar Financial
Illinois
+$10.6M
5
SAM
Scopus Asset Management
New York
+$8.85M

Top Sellers

Rank Fund Capital Flow
1
PAMP
Polar Asset Management Partners
Ontario, Canada
-$9.79M
2
UOC
UBS O'Connor
Illinois
-$9.73M
3
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$7.4M
4
FTCM
Fir Tree Capital Management
New York
-$7.31M
5
Hudson Bay Capital Management
Hudson Bay Capital Management
Connecticut
-$7.08M
Name Holding Trade Value Shares
Change 		Change in
Stake
OCAM
51
Owl Creek Asset Management
New York
– -$2.54M -250,000 Closed
SRCM
52
Sage Rock Capital Management
New York
– -$1.98M -195,000 Closed
PMAM
53
Picton Mahoney Asset Management
Ontario, Canada
– -$1.52M -150,000 Closed
AA
54
AQR Arbitrage
Connecticut
– -$1.47M -145,000 Closed
WAM
55
Wolverine Asset Management
Illinois
– -$1.44M -142,343 Closed
BCM
56
Basso Capital Management
Connecticut
– -$1.39M -137,286 Closed
NAM
57
Nexpoint Asset Management
Texas
– -$592K -58,298 Closed
CS
58
Credit Suisse
Switzerland
– -$508K -50,000 Closed
MI
59
MMCAP International
Cayman Islands
– -$508K -50,000 Closed
MSU
60
Mizuho Securities USA
New York
– -$434K -44,100 Closed
TRCT
61
Tower Research Capital (TRC)
New York
– -$1K -140 Closed
1 2
3

PRCH Hedge Fund Activity: Q3 2020 in Review

44 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q3 2020, worth a combined $185M — up 37% from $135M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PRCH positions and 18 closed out — a net gain of 11 holders — while 3 added to existing stakes and 10 trimmed.

The largest buyer was Granahan Investment Management, opening a new position worth an estimated $30.8M. The largest seller was Polar Asset Management Partners, cutting an estimated $9.79M.

  • 44 institutional investors held Porch Group (PRCH) as of Q3 2020, up from 33 in Q2 2020.
  • Funds reported $185M of Porch Group stock for Q3 2020, up 37% quarter-over-quarter.
  • 29 funds opened new Porch Group positions in Q3 2020 and 18 closed out, a net change of +11 holders.
  • The largest Porch Group buyer in Q3 2020 was Granahan Investment Management, an estimated $30.8M added.
  • The largest Porch Group seller in Q3 2020 was Polar Asset Management Partners, an estimated $9.79M sold.

Based on aggregated 13F filings for Q3 2020.