PROG Holdings
226 hedge funds and large institutions have $1.63B invested in PROG Holdings in 2022 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 76 increasing their positions, 88 reducing their positions, and 51 closing their positions.
17.66% more ownership
Funds ownership: 86.64% → 104.3% (+18%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 243 → 226 (-17)
14% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 88
29% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 51
36% less capital invested
Capital invested by funds: $2.55B → $1.63B (-$921M)
82% less call options, than puts
Call options by funds: $3.98M | Put options by funds: $22.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$44.3M |
| 2 |
Millennium Management
New York
|
+$26.6M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$24.9M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$24.7M |
| 5 |
Goldman Sachs
New York
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
-$38.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$33.2M |
| 3 |
BlackRock
New York
|
-$16.7M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$15.5M |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$14.1M |
PRG Hedge Fund Activity: Q1 2022 in Review
226 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q1 2022, worth a combined $1.63B — down 36% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PRG and 36 opened new positions — a net loss of 15 holders — while 88 trimmed existing stakes and 76 added.
The largest buyer was Morgan Stanley, adding an estimated $44.3M. The largest seller was Solel Partners, exiting entirely with an estimated $38.2M sold.
- 226 institutional investors held PROG Holdings (PRG) as of Q1 2022, down from 243 in Q4 2021.
- Funds reported $1.63B of PROG Holdings stock for Q1 2022, down 36% quarter-over-quarter.
- 36 funds opened new PROG Holdings positions in Q1 2022 and 51 closed out, a net change of -15 holders.
- The largest PROG Holdings buyer in Q1 2022 was Morgan Stanley, an estimated $44.3M added.
- The largest PROG Holdings seller in Q1 2022 was Solel Partners, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2022.