PROG Holdings
229 hedge funds and large institutions have $1.46B invested in PROG Holdings in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 59 increasing their positions, 99 reducing their positions, and 34 closing their positions.
15% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 34
1% more funds holding
Funds holding: 226 → 229 (+3)
0.82% more ownership
Funds ownership: 95.98% → 96.8% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less call options, than puts
Call options by funds: $2.72M | Put options by funds: $2.83M
14% less capital inflows, than outflows
Capital inflows: $116M | Capital outflows: $134M
40% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$17.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$13.9M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$13.8M |
| 4 |
Ceredex Value Advisors
Orlando,
Florida
|
+$9.05M |
| 5 |
SG Capital Management
Chicago,
Illinois
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17.5M |
| 2 |
Morgan Stanley
New York
|
-$10.3M |
| 3 |
Bank of New York Mellon
New York
|
-$6.06M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.83M |
| 5 |
JP Morgan Chase
New York
|
-$5.69M |
PRG Hedge Fund Activity: Q1 2024 in Review
229 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in PROG Holdings (PRG) for Q1 2024, worth a combined $1.46B — up 9.7% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PRG positions and 34 closed out — a net gain of 5 holders — while 59 added to existing stakes and 99 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $17.5M. The largest seller was Bank of America, cutting an estimated $17.5M.
- 229 institutional investors held PROG Holdings (PRG) as of Q1 2024, up from 226 in Q4 2023.
- Funds reported $1.46B of PROG Holdings stock for Q1 2024, up 9.7% quarter-over-quarter.
- 39 funds opened new PROG Holdings positions in Q1 2024 and 34 closed out, a net change of +5 holders.
- The largest PROG Holdings buyer in Q1 2024 was Cooper Creek Partners Management, an estimated $17.5M added.
- The largest PROG Holdings seller in Q1 2024 was Bank of America, an estimated $17.5M sold.
Based on aggregated 13F filings for Q1 2024.