PROG Holdings
289 hedge funds and large institutions have $3.19B invested in PROG Holdings in 2020 Q4 according to their latest regulatory filings, with 271 funds opening new positions, 3 increasing their positions, 15 reducing their positions, and 3 closing their positions.
8,933% more first-time investments, than exits
New positions opened: 271 | Existing positions closed: 3
1,646% more capital invested
Capital invested by funds: $183M → $3.19B (+$3.01B)
1,214% more funds holding
Funds holding: 22 → 289 (+267)
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
580% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $2.93M
81.99% more ownership
Funds ownership: 5.66% → 87.65% (+82%)
80% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$403M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$305M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$150M |
| 4 |
State Street
Boston,
Massachusetts
|
+$107M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$24.6M |
| 2 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$19.2M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$15.5M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.11M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.63M |
PRG Hedge Fund Activity: Q4 2020 in Review
289 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q4 2020, worth a combined $3.19B — up 1,646% from $183M a quarter earlier.
Buyers outnumbered sellers: 271 funds opened new PRG positions and 3 closed out — a net gain of 268 holders — while 3 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $403M. The largest seller was Capital Growth Management, exiting entirely with an estimated $24.6M sold.
- 289 institutional investors held PROG Holdings (PRG) as of Q4 2020, up from 22 in Q3 2020.
- Funds reported $3.19B of PROG Holdings stock for Q4 2020, up 1,646% quarter-over-quarter.
- 271 funds opened new PROG Holdings positions in Q4 2020 and 3 closed out, a net change of +268 holders.
- The largest PROG Holdings buyer in Q4 2020 was BlackRock, an estimated $403M added.
- The largest PROG Holdings seller in Q4 2020 was Capital Growth Management, an estimated $24.6M sold.
Based on aggregated 13F filings for Q4 2020.