Porch Group
PRCH
111 hedge funds and large institutions have $131M invested in Porch Group in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 36 closing their positions.
179% more call options, than puts
Call options by funds: $831K | Put options by funds: $298K
8.17% less ownership
Funds ownership: 77.6% → 69.43% (-8.2%)
10% less funds holding
Funds holding: 124 → 111 (-13)
18% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 39
24% less capital invested
Capital invested by funds: $173M → $131M (-$41.3M)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.94M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.91M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.51M |
| 4 |
JFG
Jefferies Financial Group
New York
|
+$1.08M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$12.4M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$7.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$5.78M |
| 5 |
Millennium Management
New York
|
-$1.78M |
PRCH Hedge Fund Activity: Q4 2022 in Review
111 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q4 2022, worth a combined $131M — down 24% from $173M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PRCH and 23 opened new positions — a net loss of 13 holders — while 39 trimmed existing stakes and 32 added.
The largest buyer was Goldman Sachs, adding an estimated $9.94M. The largest seller was Capital World Investors, exiting entirely with an estimated $12.4M sold.
- 111 institutional investors held Porch Group (PRCH) as of Q4 2022, down from 124 in Q3 2022.
- Funds reported $131M of Porch Group stock for Q4 2022, down 24% quarter-over-quarter.
- 23 funds opened new Porch Group positions in Q4 2022 and 36 closed out, a net change of -13 holders.
- The largest Porch Group buyer in Q4 2022 was Goldman Sachs, an estimated $9.94M added.
- The largest Porch Group seller in Q4 2022 was Capital World Investors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2022.