PROG Holdings
284 hedge funds and large institutions have $2.81B invested in PROG Holdings in 2021 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 98 increasing their positions, 96 reducing their positions, and 52 closing their positions.
169% more call options, than puts
Call options by funds: $8.03M | Put options by funds: $2.98M
8.54% more ownership
Funds ownership: 87.65% → 96.19% (+8.5%)
2% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 96
6% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 52
2% less funds holding
Funds holding: 289 → 284 (-5)
12% less capital invested
Capital invested by funds: $3.19B → $2.81B (-$376M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$292M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$43M |
| 3 |
D.E. Shaw & Co
New York
|
+$42.7M |
| 4 |
BlackRock
New York
|
+$37.2M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$47.1M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$41M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$39.6M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$27M |
| 5 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$21.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
326
Advisory Services Network
Atlanta,
Georgia
| – | -$11K | -192 | Closed |
|
|
VCG
327
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$10K | -192 | Closed |
|
328
Bessemer Group
Woodbridge,
New Jersey
| – | -$8K | -155 | Closed |
|
|
CCA
329
Childress Capital Advisors
Houston,
Texas
| – | -$6K | -119 | Closed |
|
330
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$6K | -108 | Closed |
|
|
GWS
331
Glassman Wealth Services
Vienna,
Virginia
| – | -$5K | -92 | Closed |
|
332
Jones Financial Companies
Des Peres,
Missouri
| – | -$3K | -51 | Closed |
|
|
NFG
333
Next Financial Group
Houston,
Texas
| – | -$3K | -48 | Closed |
|
|
HI
334
Harbour Investments
Madison,
Wisconsin
| – | +$200 | +4 | New |
|
335
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$399 | +8 | New |
|
PRG Hedge Fund Activity: Q1 2021 in Review
284 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q1 2021, worth a combined $2.81B — down 12% from $3.19B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PRG and 49 opened new positions — a net loss of 3 holders — while 96 trimmed existing stakes and 98 added.
The largest buyer was Vanguard Group, adding an estimated $292M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $47.1M sold.
- 284 institutional investors held PROG Holdings (PRG) as of Q1 2021, down from 289 in Q4 2020.
- Funds reported $2.81B of PROG Holdings stock for Q1 2021, down 12% quarter-over-quarter.
- 49 funds opened new PROG Holdings positions in Q1 2021 and 52 closed out, a net change of -3 holders.
- The largest PROG Holdings buyer in Q1 2021 was Vanguard Group, an estimated $292M added.
- The largest PROG Holdings seller in Q1 2021 was Sachem Head Capital Management, an estimated $47.1M sold.
Based on aggregated 13F filings for Q1 2021.