PROG Holdings
280 hedge funds and large institutions have $3.07B invested in PROG Holdings in 2021 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 88 increasing their positions, 118 reducing their positions, and 39 closing their positions.
124% more call options, than puts
Call options by funds: $7.07M | Put options by funds: $3.16M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
9% more capital invested
Capital invested by funds: $2.81B → $3.07B (+$259M)
1% less funds holding
Funds holding: 284 → 280 (-4)
1.83% less ownership
Funds ownership: 96.19% → 94.36% (-1.8%)
10% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 39
25% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
+$20M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$18.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$15M |
| 4 |
IP
Interval Partners
New York
|
+$13.9M |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$43.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$32M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$28.5M |
| 4 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$28.1M |
| 5 |
Goldman Sachs
New York
|
-$17.4M |
PRG Hedge Fund Activity: Q2 2021 in Review
280 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q2 2021, worth a combined $3.07B — up 9.2% from $2.81B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PRG and 35 opened new positions — a net loss of 4 holders — while 118 trimmed existing stakes and 88 added.
The largest buyer was Solel Partners, opening a new position worth an estimated $20M. The largest seller was JP Morgan Chase, cutting an estimated $43.6M.
- 280 institutional investors held PROG Holdings (PRG) as of Q2 2021, down from 284 in Q1 2021.
- Funds reported $3.07B of PROG Holdings stock for Q2 2021, up 9.2% quarter-over-quarter.
- 35 funds opened new PROG Holdings positions in Q2 2021 and 39 closed out, a net change of -4 holders.
- The largest PROG Holdings buyer in Q2 2021 was Solel Partners, an estimated $20M added.
- The largest PROG Holdings seller in Q2 2021 was JP Morgan Chase, an estimated $43.6M sold.
Based on aggregated 13F filings for Q2 2021.