PROG Holdings
222 hedge funds and large institutions have $1.44B invested in PROG Holdings in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 44 increasing their positions, 99 reducing their positions, and 18 closing their positions.
559% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $3.61M
150% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 18
28% more capital invested
Capital invested by funds: $1.13B → $1.44B (+$315M)
14% more funds holding
Funds holding: 195 → 222 (+27)
2.54% less ownership
Funds ownership: 98.45% → 95.91% (-2.5%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14M |
| 3 |
Renaissance Technologies
New York
|
+$7.17M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.57M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
-$24.9M |
| 2 |
BlackRock
New York
|
-$23.3M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$19.4M |
| 4 |
Morgan Stanley
New York
|
-$9.29M |
| 5 |
JP Morgan Chase
New York
|
-$7.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
226
Algert Global
San Francisco,
California
| – | -$586K | -24,642 | Closed |
|
|
RA
227
Royce & Associates
New York
| – | -$576K | -24,220 | Closed |
|
|
JMPWA
228
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$276K | -11,588 | Closed |
|
|
BC
229
Burney Company
Reston,
Virginia
| – | -$265K | -11,141 | Closed |
|
230
Voloridge Investment Management
Jupiter,
Florida
| – | -$252K | -10,581 | Closed |
|
231
SG Americas Securities
New York
| – | -$231K | -9,728 | Closed |
|
232
Walleye Capital
New York
| – | -$62.8K | -2,640 | Closed |
|
|
TWA
233
TCI Wealth Advisors
Tucson,
Arizona
| – | -$8.71K | -366 | Closed |
|
234
Cerity Partners
New York
| – | -$530K | -301 | Closed |
|
|
CT
235
Caldwell Trust
Venice,
Florida
| – | -$3.57K | -150 | Closed |
|
|
BWM
236
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$1.9K | -80 | Closed |
|
|
BTI
237
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1.66K | -55 | -93% |
|
|
IAIM
238
International Assets Investment Management
Orlando,
Florida
| – | -$619 | -26 | Closed |
|
PRG Hedge Fund Activity: Q2 2023 in Review
222 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q2 2023, worth a combined $1.44B — up 28% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PRG positions and 18 closed out — a net gain of 27 holders — while 44 added to existing stakes and 99 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $16M. The largest seller was Solel Partners, cutting an estimated $24.9M.
- 222 institutional investors held PROG Holdings (PRG) as of Q2 2023, up from 195 in Q1 2023.
- Funds reported $1.44B of PROG Holdings stock for Q2 2023, up 28% quarter-over-quarter.
- 45 funds opened new PROG Holdings positions in Q2 2023 and 18 closed out, a net change of +27 holders.
- The largest PROG Holdings buyer in Q2 2023 was Fidelity Investments, an estimated $16M added.
- The largest PROG Holdings seller in Q2 2023 was Solel Partners, an estimated $24.9M sold.
Based on aggregated 13F filings for Q2 2023.