PRGX Global, Inc.
PRGX
PRGX was delisted on the 3rd of March, 2021.
62 hedge funds and large institutions have $160M invested in PRGX Global, Inc. in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 9 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.48% less ownership
Funds ownership: 80.75% → 78.27% (-2.5%)
6% less funds holding
Funds holding: 66 → 62 (-4)
12% less capital invested
Capital invested by funds: $181M → $160M (-$21.2M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $43K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.17M |
| 2 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$616K |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$586K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$568K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$1.43M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$1.02M |
| 3 |
Morgan Stanley
New York
|
-$980K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$940K |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$748K |
PRGX Hedge Fund Activity: Q3 2018 in Review
62 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PRGX Global, Inc. (PRGX) for Q3 2018, worth a combined $160M — down 12% from $181M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PRGX and 5 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $1.17M. The largest seller was ClariVest Asset Management, exiting entirely with an estimated $1.43M sold.
- 62 institutional investors held PRGX Global, Inc. (PRGX) as of Q3 2018, down from 66 in Q2 2018.
- Funds reported $160M of PRGX Global, Inc. stock for Q3 2018, down 12% quarter-over-quarter.
- 5 funds opened new PRGX Global, Inc. positions in Q3 2018 and 9 closed out, a net change of -4 holders.
- The largest PRGX Global, Inc. buyer in Q3 2018 was Assenagon Asset Management, an estimated $1.17M added.
- The largest PRGX Global, Inc. seller in Q3 2018 was ClariVest Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2018.