Porch Group
PRCH
116 hedge funds and large institutions have $219M invested in Porch Group in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 12 closing their positions.
215% more call options, than puts
Call options by funds: $3.9M | Put options by funds: $1.24M
175% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 12
49% more capital invested
Capital invested by funds: $147M → $219M (+$72M)
22% more funds holding
Funds holding: 95 → 116 (+21)
3.68% more ownership
Funds ownership: 48.49% → 52.17% (+3.7%)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.87M |
| 2 |
N
Natixis
Paris,
France
|
+$2.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.14M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.08M |
| 5 |
Goldman Sachs
New York
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.66M |
| 2 |
JFG
Jefferies Financial Group
New York
|
-$2.9M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.65M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$926K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$561K |
PRCH Hedge Fund Activity: Q1 2024 in Review
116 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Porch Group (PRCH) for Q1 2024, worth a combined $219M — up 49% from $147M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PRCH positions and 12 closed out — a net gain of 21 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.87M. The largest seller was Portolan Capital Management, cutting an estimated $7.66M.
- 116 institutional investors held Porch Group (PRCH) as of Q1 2024, up from 95 in Q4 2023.
- Funds reported $219M of Porch Group stock for Q1 2024, up 49% quarter-over-quarter.
- 33 funds opened new Porch Group positions in Q1 2024 and 12 closed out, a net change of +21 holders.
- The largest Porch Group buyer in Q1 2024 was Renaissance Technologies, an estimated $2.87M added.
- The largest Porch Group seller in Q1 2024 was Portolan Capital Management, an estimated $7.66M sold.
Based on aggregated 13F filings for Q1 2024.