PROG Holdings
226 hedge funds and large institutions have $1.36B invested in PROG Holdings in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 76 increasing their positions, 93 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3.47% more ownership
Funds ownership: 94.68% → 98.15% (+3.5%)
3% less funds holding
Funds holding: 233 → 226 (-7)
6% less capital invested
Capital invested by funds: $1.44B → $1.36B (-$87.2M)
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
18% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 93
28% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $1.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$11M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.68M |
| 4 |
Man Group
London,
United Kingdom
|
+$7.24M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$6.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$71.6M |
| 2 |
SP
Solel Partners
Boston,
Massachusetts
|
-$18M |
| 3 |
JP Morgan Chase
New York
|
-$9.5M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$4.01M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.86M |
PRG Hedge Fund Activity: Q4 2023 in Review
226 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q4 2023, worth a combined $1.36B — down 6% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PRG and 33 opened new positions — a net loss of 5 holders — while 93 trimmed existing stakes and 76 added.
The largest buyer was Morgan Stanley, adding an estimated $40.2M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $71.6M sold.
- 226 institutional investors held PROG Holdings (PRG) as of Q4 2023, down from 233 in Q3 2023.
- Funds reported $1.36B of PROG Holdings stock for Q4 2023, down 6% quarter-over-quarter.
- 33 funds opened new PROG Holdings positions in Q4 2023 and 38 closed out, a net change of -5 holders.
- The largest PROG Holdings buyer in Q4 2023 was Morgan Stanley, an estimated $40.2M added.
- The largest PROG Holdings seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $71.6M sold.
Based on aggregated 13F filings for Q4 2023.