Porch Group
PRCH
95 hedge funds and large institutions have $148M invested in Porch Group in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 13 closing their positions.
366% more call options, than puts
Call options by funds: $3.78M | Put options by funds: $811K
274% more capital invested
Capital invested by funds: $39.5M → $148M (+$108M)
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
27% more funds holding
Funds holding: 75 → 95 (+20)
1.31% less ownership
Funds ownership: 49.93% → 48.62% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.99M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.8M |
| 4 |
Millennium Management
New York
|
+$972K |
| 5 |
D.E. Shaw & Co
New York
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$3.99M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.78M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$1.83M |
| 4 |
FNF
Fidelity National Financial
Jacksonville,
Florida
|
-$660K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$656K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIG
101
Zuckerman Investment Group
Chicago,
Illinois
| – | -$44.1K | -54,988 | Closed |
|
|
PCM
102
Prelude Capital Management
New York
| – | -$43K | -53,520 | Closed |
|
103
Group One Trading
Chicago,
Illinois
| – | -$65.4K | -46,534 | Closed |
|
104
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$14.4K | -17,882 | Closed |
|
|
1WM
105
1900 Wealth Management
San Antonio,
Texas
| – | -$11.4K | -14,240 | Closed |
|
|
NFG
106
Nadler Financial Group
Deerfield,
Illinois
| – | -$8.95K | -11,151 | Closed |
|
107
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2.26K | -1,606 | -6% |
|
|
S
108
SignatureFD
Atlanta,
Georgia
| – | -$38 | -47 | Closed |
|
PRCH Hedge Fund Activity: Q4 2023 in Review
95 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q4 2023, worth a combined $148M — up 274% from $39.5M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PRCH positions and 13 closed out — a net gain of 21 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $4.5M. The largest seller was St. Denis J. Villere & Co, exiting entirely with an estimated $3.99M sold.
- 95 institutional investors held Porch Group (PRCH) as of Q4 2023, up from 75 in Q3 2023.
- Funds reported $148M of Porch Group stock for Q4 2023, up 274% quarter-over-quarter.
- 34 funds opened new Porch Group positions in Q4 2023 and 13 closed out, a net change of +21 holders.
- The largest Porch Group buyer in Q4 2023 was Portolan Capital Management, an estimated $4.5M added.
- The largest Porch Group seller in Q4 2023 was St. Denis J. Villere & Co, an estimated $3.99M sold.
Based on aggregated 13F filings for Q4 2023.