Porch Group
PRCH
89 hedge funds and large institutions have $907M invested in Porch Group in 2021 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 32 closing their positions.
162% more call options, than puts
Call options by funds: $41.3M | Put options by funds: $15.8M
103% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 32
96% more capital invested
Capital invested by funds: $462M → $907M (+$445M)
59% more funds holding
Funds holding: 56 → 89 (+33)
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
22.44% more ownership
Funds ownership: 40.48% → 62.92% (+22%)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$87.9M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$74.2M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$67.5M |
| 4 |
SHCM
Sachem Head Capital Management
New York
|
+$56M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$28.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$22.4M |
| 3 |
MCM
Moore Capital Management
New York
|
-$21.4M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
-$20.1M |
| 5 |
KP
Kuvari Partners
London,
United Kingdom
|
-$18.4M |
PRCH Hedge Fund Activity: Q1 2021 in Review
89 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q1 2021, worth a combined $907M — up 96% from $462M a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PRCH positions and 32 closed out — a net gain of 33 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $87.9M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $28.1M sold.
- 89 institutional investors held Porch Group (PRCH) as of Q1 2021, up from 56 in Q4 2020.
- Funds reported $907M of Porch Group stock for Q1 2021, up 96% quarter-over-quarter.
- 65 funds opened new Porch Group positions in Q1 2021 and 32 closed out, a net change of +33 holders.
- The largest Porch Group buyer in Q1 2021 was Fidelity Investments, an estimated $87.9M added.
- The largest Porch Group seller in Q1 2021 was Luxor Capital Group, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2021.