Porch Group
PRCH
143 hedge funds and large institutions have $643M invested in Porch Group in 2022 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 55 increasing their positions, 37 reducing their positions, and 30 closing their positions.
360% more call options, than puts
Call options by funds: $9.33M | Put options by funds: $2.03M
49% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 37
25% more capital inflows, than outflows
Capital inflows: $223M | Capital outflows: $179M
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
7.73% more ownership
Funds ownership: 86.42% → 94.15% (+7.7%)
3% more funds holding
Funds holding: 139 → 143 (+4)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vulcan Value Partners
Birmingham,
Alabama
|
+$62.8M |
| 2 |
Park West Asset Management
San Francisco,
California
|
+$42.3M |
| 3 |
Granahan Investment Management
Waltham,
Massachusetts
|
+$33.7M |
| 4 |
Ophir Asset Management
Sydney,
Australia
|
+$16.5M |
| 5 |
Goldman Sachs
New York
|
+$8.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.4M |
| 3 |
Southpoint Capital Advisors
New York
|
-$20.8M |
| 4 |
Schonfeld Strategic Advisors
New York
|
-$8.29M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$6.6M |
PRCH Hedge Fund Activity: Q1 2022 in Review
143 of the 6,363 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q1 2022, worth a combined $643M — down 51% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PRCH positions and 30 closed out — a net gain of 5 holders — while 55 added to existing stakes and 37 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $62.8M. The largest seller was Fidelity Investments, cutting an estimated $63.3M.
- 143 institutional investors held Porch Group (PRCH) as of Q1 2022, up from 139 in Q4 2021.
- Funds reported $643M of Porch Group stock for Q1 2022, down 51% quarter-over-quarter.
- 35 funds opened new Porch Group positions in Q1 2022 and 30 closed out, a net change of +5 holders.
- The largest Porch Group buyer in Q1 2022 was Vulcan Value Partners, an estimated $62.8M added.
- The largest Porch Group seller in Q1 2022 was Fidelity Investments, an estimated $63.3M sold.
Based on aggregated 13F filings for Q1 2022.