Porch Group
PRCH
95 hedge funds and large institutions have $80M invested in Porch Group in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 33 reducing their positions, and 25 closing their positions.
448% more call options, than puts
Call options by funds: $378K | Put options by funds: $69K
4% less funds holding
Funds holding: 99 → 95 (-4)
8.93% less ownership
Funds ownership: 68.2% → 59.27% (-8.9%)
15% less capital invested
Capital invested by funds: $94.6M → $80M (-$14.6M)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
27% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.61M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.52M |
| 3 |
JAMONY
Jacob Asset Management of New York
Hermosa Beach,
California
|
+$1.42M |
| 4 |
Millennium Management
New York
|
+$1.02M |
| 5 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$5.34M |
| 2 |
BlackRock
New York
|
-$4.83M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.15M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.73M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$873K |
PRCH Hedge Fund Activity: Q2 2023 in Review
95 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q2 2023, worth a combined $80M — down 15% from $94.6M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PRCH and 21 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 24 added.
The largest buyer was Vanguard Group, adding an estimated $1.61M. The largest seller was Park West Asset Management, cutting an estimated $5.34M.
- 95 institutional investors held Porch Group (PRCH) as of Q2 2023, down from 99 in Q1 2023.
- Funds reported $80M of Porch Group stock for Q2 2023, down 15% quarter-over-quarter.
- 21 funds opened new Porch Group positions in Q2 2023 and 25 closed out, a net change of -4 holders.
- The largest Porch Group buyer in Q2 2023 was Vanguard Group, an estimated $1.61M added.
- The largest Porch Group seller in Q2 2023 was Park West Asset Management, an estimated $5.34M sold.
Based on aggregated 13F filings for Q2 2023.