PROG Holdings
188 hedge funds and large institutions have $790M invested in PROG Holdings in 2022 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 87 reducing their positions, and 37 closing their positions.
1,562% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $1.22M
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
5% more capital invested
Capital invested by funds: $755M → $790M (+$35.2M)
6.97% less ownership
Funds ownership: 99.8% → 92.83% (-7%)
10% less funds holding
Funds holding: 209 → 188 (-21)
34% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 87
49% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$9.84M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$7.8M |
| 3 |
JP Morgan Chase
New York
|
+$7.6M |
| 4 |
BlackRock
New York
|
+$5.43M |
| 5 |
ECM
Engine Capital Management
New York
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$24.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$18.3M |
| 3 |
Morgan Stanley
New York
|
-$11.7M |
| 4 |
6CM
683 Capital Management
New York
|
-$10.2M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$7.01M |
PRG Hedge Fund Activity: Q4 2022 in Review
188 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q4 2022, worth a combined $790M — up 4.7% from $755M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PRG and 19 opened new positions — a net loss of 18 holders — while 87 trimmed existing stakes and 57 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $9.84M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $24.9M.
- 188 institutional investors held PROG Holdings (PRG) as of Q4 2022, down from 209 in Q3 2022.
- Funds reported $790M of PROG Holdings stock for Q4 2022, up 4.7% quarter-over-quarter.
- 19 funds opened new PROG Holdings positions in Q4 2022 and 37 closed out, a net change of -18 holders.
- The largest PROG Holdings buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $9.84M added.
- The largest PROG Holdings seller in Q4 2022 was Barrow, Hanley, Mewhinney & Strauss, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2022.