PROG Holdings
252 hedge funds and large institutions have $1.42B invested in PROG Holdings in 2024 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 83 increasing their positions, 89 reducing their positions, and 24 closing their positions.
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
53% more call options, than puts
Call options by funds: $3.19M | Put options by funds: $2.08M
11% more funds holding
Funds holding: 228 → 252 (+24)
3% less capital invested
Capital invested by funds: $1.46B → $1.42B (-$36.5M)
7% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 89
2.14% less ownership
Funds ownership: 96.8% → 94.66% (-2.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.9M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$7.29M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.76M |
| 4 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
+$5.49M |
| 5 |
Millennium Management
New York
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21.2M |
| 2 |
Bank of New York Mellon
New York
|
-$12.4M |
| 3 |
BlackRock
New York
|
-$9.69M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$6.66M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$6.56M |
PRG Hedge Fund Activity: Q2 2024 in Review
252 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q2 2024, worth a combined $1.42B — down 2.5% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PRG positions and 24 closed out — a net gain of 26 holders — while 83 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.9M. The largest seller was Vanguard Group, cutting an estimated $21.2M.
- 252 institutional investors held PROG Holdings (PRG) as of Q2 2024, up from 228 in Q1 2024.
- Funds reported $1.42B of PROG Holdings stock for Q2 2024, down 2.5% quarter-over-quarter.
- 50 funds opened new PROG Holdings positions in Q2 2024 and 24 closed out, a net change of +26 holders.
- The largest PROG Holdings buyer in Q2 2024 was Morgan Stanley, an estimated $9.9M added.
- The largest PROG Holdings seller in Q2 2024 was Vanguard Group, an estimated $21.2M sold.
Based on aggregated 13F filings for Q2 2024.