Porch Group
PRCH
108 hedge funds and large institutions have $1.25B invested in Porch Group in 2021 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 32 closing their positions.
167% more call options, than puts
Call options by funds: $22.6M | Put options by funds: $8.45M
63% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 32
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
38% more capital invested
Capital invested by funds: $907M → $1.25B (+$342M)
21% more funds holding
Funds holding: 89 → 108 (+19)
4.59% more ownership
Funds ownership: 62.92% → 67.51% (+4.6%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$156M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$38.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$36.9M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$28M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$55.8M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$29.2M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$29.2M |
| 4 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$26.6M |
| 5 |
KP
Kuvari Partners
London,
United Kingdom
|
-$17.4M |
PRCH Hedge Fund Activity: Q2 2021 in Review
108 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q2 2021, worth a combined $1.25B — up 38% from $907M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PRCH positions and 32 closed out — a net gain of 20 holders — while 32 added to existing stakes and 21 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $156M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $55.8M sold.
- 108 institutional investors held Porch Group (PRCH) as of Q2 2021, up from 89 in Q1 2021.
- Funds reported $1.25B of Porch Group stock for Q2 2021, up 38% quarter-over-quarter.
- 52 funds opened new Porch Group positions in Q2 2021 and 32 closed out, a net change of +20 holders.
- The largest Porch Group buyer in Q2 2021 was Fidelity Investments, an estimated $156M added.
- The largest Porch Group seller in Q2 2021 was Sachem Head Capital Management, an estimated $55.8M sold.
Based on aggregated 13F filings for Q2 2021.