Protolabs
PRLB
176 hedge funds and large institutions have $1.59B invested in Protolabs in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 80 increasing their positions, 57 reducing their positions, and 30 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 57
1.72% more ownership
Funds ownership: 90.11% → 91.83% (+1.7%)
3% less capital invested
Capital invested by funds: $1.63B → $1.59B (-$43.6M)
6% less funds holding
Funds holding: 188 → 176 (-12)
24% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $18.2M
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$67.5M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$36.9M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$35.8M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$35.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.2M |
| 2 |
AIM
Assured Investment Management
New York
|
-$49.2M |
| 3 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$29M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$13.5M |
| 5 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
201
Tower Research Capital (TRC)
New York
| – | -$97K | -1,368 | Closed |
|
|
HIM
202
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$57K | -800 | Closed |
|
|
JG
203
Jefferies Group
New York
| – | -$7K | -92 | Closed |
|
|
ST
204
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$4K | -53 | Closed |
|
|
FA
205
Financial Advantage
Columbia,
Maryland
| – | -$4K | -50 | Closed |
|
206
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -47 | Closed |
|
PRLB Hedge Fund Activity: Q1 2014 in Review
176 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Protolabs (PRLB) for Q1 2014, worth a combined $1.59B — down 2.7% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PRLB and 21 opened new positions — a net loss of 9 holders — while 57 trimmed existing stakes and 80 added.
The largest buyer was Wells Fargo, adding an estimated $67.5M. The largest seller was Fidelity Investments, exiting entirely with an estimated $74.2M sold.
- 176 institutional investors held Protolabs (PRLB) as of Q1 2014, down from 188 in Q4 2013.
- Funds reported $1.59B of Protolabs stock for Q1 2014, down 2.7% quarter-over-quarter.
- 21 funds opened new Protolabs positions in Q1 2014 and 30 closed out, a net change of -9 holders.
- The largest Protolabs buyer in Q1 2014 was Wells Fargo, an estimated $67.5M added.
- The largest Protolabs seller in Q1 2014 was Fidelity Investments, an estimated $74.2M sold.
Based on aggregated 13F filings for Q1 2014.