Porch Group
PRCH
56 hedge funds and large institutions have $463M invested in Porch Group in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 19 closing their positions.
147% more capital invested
Capital invested by funds: $188M → $463M (+$275M)
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
27% more funds holding
Funds holding: 44 → 56 (+12)
57.28% less ownership
Funds ownership: 97.76% → 40.48% (-57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.4M |
| 2 |
LCG
Luxor Capital Group
New York
|
+$22.3M |
| 3 |
AWG
Alpha Wave Global
New York
|
+$20.9M |
| 4 |
MCM
Moore Capital Management
New York
|
+$16.8M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$12.5M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$9.78M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$5.44M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.1M |
| 5 |
BAMCO Inc
New York
|
-$4.88M |
PRCH Hedge Fund Activity: Q4 2020 in Review
56 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q4 2020, worth a combined $463M — up 147% from $188M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PRCH positions and 19 closed out — a net gain of 12 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $25.4M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $12.5M sold.
- 56 institutional investors held Porch Group (PRCH) as of Q4 2020, up from 44 in Q3 2020.
- Funds reported $463M of Porch Group stock for Q4 2020, up 147% quarter-over-quarter.
- 31 funds opened new Porch Group positions in Q4 2020 and 19 closed out, a net change of +12 holders.
- The largest Porch Group buyer in Q4 2020 was Wellington Management Group, an estimated $25.4M added.
- The largest Porch Group seller in Q4 2020 was Glazer Capital LLC, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2020.