Protolabs
PRLB
198 hedge funds and large institutions have $746M invested in Protolabs in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 67 reducing their positions, and 28 closing their positions.
38% more call options, than puts
Call options by funds: $4.29M | Put options by funds: $3.11M
30% more capital invested
Capital invested by funds: $574M → $746M (+$172M)
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
1% less funds holding
Funds holding: 199 → 198 (-1)
1.49% less ownership
Funds ownership: 85.78% → 84.29% (-1.5%)
18% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 67
Top Buyers
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$11.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.25M |
| 3 |
Bank of New York Mellon
New York
|
+$6.06M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$4.76M |
| 5 |
Morgan Stanley
New York
|
+$4.05M |
Top Sellers
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$11.9M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
-$11.9M |
| 3 |
BlackRock
New York
|
-$4.89M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$4.57M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$4.19M |
PRLB Hedge Fund Activity: Q1 2023 in Review
198 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Protolabs (PRLB) for Q1 2023, worth a combined $746M — up 30% from $574M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PRLB positions and 28 closed out — a net gain of 1 holder — while 55 added to existing stakes and 67 trimmed.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $11.1M. The largest seller was Sumitomo Mitsui Trust Group, exiting entirely with an estimated $11.9M sold.
- 198 institutional investors held Protolabs (PRLB) as of Q1 2023, down from 199 in Q4 2022.
- Funds reported $746M of Protolabs stock for Q1 2023, up 30% quarter-over-quarter.
- 29 funds opened new Protolabs positions in Q1 2023 and 28 closed out, a net change of +1 holder.
- The largest Protolabs buyer in Q1 2023 was Jacobs Levy Equity Management, an estimated $11.1M added.
- The largest Protolabs seller in Q1 2023 was Sumitomo Mitsui Trust Group, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2023.