PROG Holdings
228 hedge funds and large institutions have $1.46B invested in PROG Holdings in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 59 increasing their positions, 99 reducing their positions, and 34 closing their positions.
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
7% more capital invested
Capital invested by funds: $1.36B → $1.46B (+$98.9M)
1% more funds holding
Funds holding: 226 → 228 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less call options, than puts
Call options by funds: $2.72M | Put options by funds: $2.83M
1.35% less ownership
Funds ownership: 98.15% → 96.8% (-1.4%)
40% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$17.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$13.9M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$13.8M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$9.05M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$40.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$17.5M |
| 3 |
Bank of New York Mellon
New York
|
-$6.06M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.83M |
| 5 |
JP Morgan Chase
New York
|
-$5.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$231K | -7,458 | Closed |
|
|
PAS
252
Point72 Asia (Singapore)
Singapore
| – | -$195K | -6,297 | Closed |
|
|
SAM
253
Shell Asset Management
The Hague,
Netherlands
| – | -$100K | -3,242 | Closed |
|
|
JWA
254
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$67.3K | -2,178 | Closed |
|
|
PMEF
255
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$46.2K | -1,496 | Closed |
|
|
LPP
256
Life Planning Partners
Jacksonville,
Florida
| – | -$21.4K | -692 | Closed |
|
257
Nomura Asset Management
Tokyo,
Japan
| – | -$16.7K | -540 | Closed |
|
|
LF
258
Lee Financial
Dallas,
Texas
| – | -$4.17K | -135 | Closed |
|
|
PA
259
Pineridge Advisors
St. Charles,
Missouri
| – | -$3.31K | -107 | Closed |
|
|
AT
260
Arlington Trust
Birmingham,
Alabama
| – | -$2.1K | -68 | Closed |
|
|
CP
261
Castleview Partners
Dallas,
Texas
| – | -$2.01K | -65 | Closed |
|
|
GWS
262
Glassman Wealth Services
Vienna,
Virginia
| – | -$865 | -28 | Closed |
|
PRG Hedge Fund Activity: Q1 2024 in Review
228 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q1 2024, worth a combined $1.46B — up 7.3% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PRG positions and 34 closed out — a net gain of 4 holders — while 59 added to existing stakes and 99 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $17.5M. The largest seller was Morgan Stanley, cutting an estimated $40.9M.
- 228 institutional investors held PROG Holdings (PRG) as of Q1 2024, up from 226 in Q4 2023.
- Funds reported $1.46B of PROG Holdings stock for Q1 2024, up 7.3% quarter-over-quarter.
- 38 funds opened new PROG Holdings positions in Q1 2024 and 34 closed out, a net change of +4 holders.
- The largest PROG Holdings buyer in Q1 2024 was Cooper Creek Partners Management, an estimated $17.5M added.
- The largest PROG Holdings seller in Q1 2024 was Morgan Stanley, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2024.