PROG Holdings
PRG
233 hedge funds and large institutions have $1.44B invested in PROG Holdings in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 81 increasing their positions, 88 reducing their positions, and 20 closing their positions.
1,079% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $1.76M
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
5% more funds holding
Funds holding: 222 → 233 (+11)
0% more capital invested
Capital invested by funds: $1.44B → $1.44B (+$2.44M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 88
1.22% less ownership
Funds ownership: 95.91% → 94.68% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.87M |
| 2 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$6.85M |
| 3 |
Morgan Stanley
New York
|
+$4.52M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$4.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$9M |
| 3 |
D.E. Shaw & Co
New York
|
-$7.29M |
| 4 |
SP
Solel Partners
Boston,
Massachusetts
|
-$6.57M |
| 5 |
Renaissance Technologies
New York
|
-$6.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.99K | -62 | Closed |
|
|
TWC
252
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$1.69K | -51 | Closed |
|
PRG Hedge Fund Activity: Q3 2023 in Review
233 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q3 2023, worth a combined $1.44B — up 0.17% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PRG positions and 20 closed out — a net gain of 14 holders — while 81 added to existing stakes and 88 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $6.87M. The largest seller was Fidelity Investments, cutting an estimated $40M.
- 233 institutional investors held PROG Holdings (PRG) as of Q3 2023, up from 222 in Q2 2023.
- Funds reported $1.44B of PROG Holdings stock for Q3 2023, up 0.17% quarter-over-quarter.
- 34 funds opened new PROG Holdings positions in Q3 2023 and 20 closed out, a net change of +14 holders.
- The largest PROG Holdings buyer in Q3 2023 was Qube Research & Technologies (QRT), an estimated $6.87M added.
- The largest PROG Holdings seller in Q3 2023 was Fidelity Investments, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2023.