PROG Holdings
209 hedge funds and large institutions have $752M invested in PROG Holdings in 2022 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 60 increasing their positions, 89 reducing their positions, and 27 closing their positions.
844% more call options, than puts
Call options by funds: $9.52M | Put options by funds: $1.01M
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
7% more funds holding
Funds holding: 195 → 209 (+14)
3.04% more ownership
Funds ownership: 96.76% → 99.8% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $861M → $752M (-$109M)
33% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.4M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$8.16M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.36M |
| 4 |
Millennium Management
New York
|
+$5.81M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.4M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$25.1M |
| 3 |
BlackRock
New York
|
-$16.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$16.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$11.6M |
PRG Hedge Fund Activity: Q3 2022 in Review
209 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q3 2022, worth a combined $752M — down 13% from $861M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PRG positions and 27 closed out — a net gain of 15 holders — while 60 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.4M.
- 209 institutional investors held PROG Holdings (PRG) as of Q3 2022, up from 195 in Q2 2022.
- Funds reported $752M of PROG Holdings stock for Q3 2022, down 13% quarter-over-quarter.
- 42 funds opened new PROG Holdings positions in Q3 2022 and 27 closed out, a net change of +15 holders.
- The largest PROG Holdings buyer in Q3 2022 was Morgan Stanley, an estimated $15.4M added.
- The largest PROG Holdings seller in Q3 2022 was T. Rowe Price Associates, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2022.