PROG Holdings
PRG
195 hedge funds and large institutions have $861M invested in PROG Holdings in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 87 reducing their positions, and 49 closing their positions.
7.54% less ownership
Funds ownership: 104.3% → 96.76% (-7.5%)
14% less funds holding
Funds holding: 226 → 195 (-31)
26% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 87
47% less capital invested
Capital invested by funds: $1.63B → $861M (-$766M)
51% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 49
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
91% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $13.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$60.5M |
| 2 |
SP
Solel Partners
Boston,
Massachusetts
|
+$25.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$23M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$19.4M |
| 5 |
CCM
CAAS Capital Management
New York
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$105M |
| 2 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$51.8M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$20.1M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$17.9M |
| 5 |
Morgan Stanley
New York
|
-$16.2M |
PRG Hedge Fund Activity: Q2 2022 in Review
195 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q2 2022, worth a combined $861M — down 47% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of PRG and 24 opened new positions — a net loss of 25 holders — while 87 trimmed existing stakes and 64 added.
The largest buyer was BlackRock, adding an estimated $60.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $105M.
- 195 institutional investors held PROG Holdings (PRG) as of Q2 2022, down from 226 in Q1 2022.
- Funds reported $861M of PROG Holdings stock for Q2 2022, down 47% quarter-over-quarter.
- 24 funds opened new PROG Holdings positions in Q2 2022 and 49 closed out, a net change of -25 holders.
- The largest PROG Holdings buyer in Q2 2022 was BlackRock, an estimated $60.5M added.
- The largest PROG Holdings seller in Q2 2022 was T. Rowe Price Associates, an estimated $105M sold.
Based on aggregated 13F filings for Q2 2022.