Porch Group
PRCH
126 hedge funds and large institutions have $1.4B invested in Porch Group in 2021 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 53 increasing their positions, 26 reducing their positions, and 15 closing their positions.
212% more call options, than puts
Call options by funds: $33M | Put options by funds: $10.6M
120% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 15
104% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 26
17% more funds holding
Funds holding: 108 → 126 (+18)
14.48% more ownership
Funds ownership: 67.51% → 81.99% (+14%)
12% more capital invested
Capital invested by funds: $1.25B → $1.4B (+$147M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$55.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$39.1M |
| 3 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$31.9M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$27.3M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWG
Alpha Wave Global
New York
|
-$13.4M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$11.1M |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$9.67M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.4M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$5.37M |
PRCH Hedge Fund Activity: Q3 2021 in Review
126 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q3 2021, worth a combined $1.4B — up 12% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PRCH positions and 15 closed out — a net gain of 18 holders — while 53 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, adding an estimated $55.8M. The largest seller was Alpha Wave Global, cutting an estimated $13.4M.
- 126 institutional investors held Porch Group (PRCH) as of Q3 2021, up from 108 in Q2 2021.
- Funds reported $1.4B of Porch Group stock for Q3 2021, up 12% quarter-over-quarter.
- 33 funds opened new Porch Group positions in Q3 2021 and 15 closed out, a net change of +18 holders.
- The largest Porch Group buyer in Q3 2021 was BlackRock, an estimated $55.8M added.
- The largest Porch Group seller in Q3 2021 was Alpha Wave Global, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2021.