PRGX Global, Inc.
PRGX
PRGX was delisted on the 3rd of March, 2021.
51 hedge funds and large institutions have $46M invested in PRGX Global, Inc. in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 24 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 53 → 51 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
44% less capital invested
Capital invested by funds: $82.6M → $46M (-$36.6M)
63% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$2.5M |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$425K |
| 3 |
Millennium Management
New York
|
+$112K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$69.9K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$2.08M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.33M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$300K |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$290K |
| 5 |
Renaissance Technologies
New York
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
51
Cannell Capital
Alta,
Wyoming
| – | -$1.33M | -269,451 | Closed |
|
|
ZCM
52
Zebra Capital Management
Stamford,
Connecticut
| – | -$142K | -28,896 | Closed |
|
53
New York State Common Retirement Fund
Albany,
New York
| – | -$77.2K | -20,400 | -100% |
|
54
Two Sigma Investments
New York
| – | -$68K | -13,760 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$58K | -11,794 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$3K | -633 | Closed |
|
PRGX Hedge Fund Activity: Q1 2020 in Review
51 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in PRGX Global, Inc. (PRGX) for Q1 2020, worth a combined $46M — down 44% from $82.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PRGX and 5 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 9 added.
The largest buyer was North Run Capital, opening a new position worth an estimated $2.5M. The largest seller was 22NW LP, exiting entirely with an estimated $2.08M sold.
- 51 institutional investors held PRGX Global, Inc. (PRGX) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $46M of PRGX Global, Inc. stock for Q1 2020, down 44% quarter-over-quarter.
- 5 funds opened new PRGX Global, Inc. positions in Q1 2020 and 7 closed out, a net change of -2 holders.
- The largest PRGX Global, Inc. buyer in Q1 2020 was North Run Capital, an estimated $2.5M added.
- The largest PRGX Global, Inc. seller in Q1 2020 was 22NW LP, an estimated $2.08M sold.
Based on aggregated 13F filings for Q1 2020.