Perdoceo Education
PRDO
125 hedge funds and large institutions have $500M invested in Perdoceo Education in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 52 reducing their positions, and 13 closing their positions.
94% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $584K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $459M → $500M (+$40.7M)
1% less funds holding
Funds holding: 126 → 125 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1.56% less ownership
Funds ownership: 76.95% → 75.39% (-1.6%)
29% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$7.49M |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$4.52M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$3.12M |
| 4 |
KCP
Kenmare Capital Partners
New York
|
+$2.81M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.94M |
| 2 |
TCM
TCS Capital Management
New York
|
-$3.09M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$2.86M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.32M |
| 5 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
126
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$1.99M | -229,078 | Closed |
|
127
Norges Bank
Oslo,
Norway
| – | -$916K | -105,263 | Closed |
|
|
CIP
128
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$631K | -72,487 | Closed |
|
|
VKH
129
Virtu KCG Holdings
New York
| – | -$156K | -17,914 | Closed |
|
130
SG Americas Securities
New York
| – | -$100K | -11,535 | Closed |
|
131
Verition Fund Management
Greenwich,
Connecticut
| – | -$99K | -11,400 | Closed |
|
132
Jane Street
New York
| – | -$96K | -11,091 | Closed |
|
|
AG
133
Aperio Group
Sausalito,
California
| – | -$93K | -10,682 | Closed |
|
|
QT
134
Quantbot Technologies
New York
| – | -$20K | -2,300 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$17K | -1,961 | Closed |
|
|
AIM
136
Acrospire Investment Management
Chicago,
Illinois
| – | -$6K | -683 | Closed |
|
|
CG
137
Cutler Group
San Francisco,
California
| – | -$2.73K | -280 | -86% |
|
PRDO Hedge Fund Activity: Q2 2017 in Review
125 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Perdoceo Education (PRDO) for Q2 2017, worth a combined $500M — up 8.9% from $459M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PRDO and 12 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 37 added.
The largest buyer was Cloverdale Capital Management, opening a new position worth an estimated $7.49M. The largest seller was Acadian Asset Management, cutting an estimated $4.94M.
- 125 institutional investors held Perdoceo Education (PRDO) as of Q2 2017, down from 126 in Q1 2017.
- Funds reported $500M of Perdoceo Education stock for Q2 2017, up 8.9% quarter-over-quarter.
- 12 funds opened new Perdoceo Education positions in Q2 2017 and 13 closed out, a net change of -1 holder.
- The largest Perdoceo Education buyer in Q2 2017 was Cloverdale Capital Management, an estimated $7.49M added.
- The largest Perdoceo Education seller in Q2 2017 was Acadian Asset Management, an estimated $4.94M sold.
Based on aggregated 13F filings for Q2 2017.