PRGX Global, Inc.
PRGX
PRGX was delisted on the 3rd of March, 2021.
46 hedge funds and large institutions have $72.4M invested in PRGX Global, Inc. in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 15 closing their positions.
57% more capital invested
Capital invested by funds: $46M → $72.4M (+$26.4M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% less funds holding
Funds holding: 51 → 46 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$2.88M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.34M |
| 3 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$1M |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$566K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.29M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.28M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.42M |
| 4 |
State Street
Boston,
Massachusetts
|
-$924K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$774K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| – | -$34K | -12,095 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$32K | -11,603 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$30K | -10,675 | Closed |
|
54
Victory Capital Management
San Antonio,
Texas
| – | -$20K | -7,446 | Closed |
|
55
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$20K | -7,088 | Closed |
|
56
Citigroup
New York
| – | -$20K | -5,584 | -100% |
|
|
CPA
57
Cowen Prime Advisors
New York
| – | -$12K | -4,166 | Closed |
|
58
Legal & General Group
London,
United Kingdom
| – | -$11K | -3,945 | Closed |
|
|
AIP
59
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$5K | -1,817 | Closed |
|
PRGX Hedge Fund Activity: Q2 2020 in Review
46 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in PRGX Global, Inc. (PRGX) for Q2 2020, worth a combined $72.4M — up 57% from $46M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PRGX and 10 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 11 added.
The largest buyer was RBF Capital, opening a new position worth an estimated $2.88M. The largest seller was BlackRock, cutting an estimated $3.29M.
- 46 institutional investors held PRGX Global, Inc. (PRGX) as of Q2 2020, down from 51 in Q1 2020.
- Funds reported $72.4M of PRGX Global, Inc. stock for Q2 2020, up 57% quarter-over-quarter.
- 10 funds opened new PRGX Global, Inc. positions in Q2 2020 and 15 closed out, a net change of -5 holders.
- The largest PRGX Global, Inc. buyer in Q2 2020 was RBF Capital, an estimated $2.88M added.
- The largest PRGX Global, Inc. seller in Q2 2020 was BlackRock, an estimated $3.29M sold.
Based on aggregated 13F filings for Q2 2020.