Protolabs
PRLB
185 hedge funds and large institutions have $571M invested in Protolabs in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 67 reducing their positions, and 26 closing their positions.
28% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $963K
1.75% less ownership
Funds ownership: 84.68% → 82.93% (-1.7%)
4% less funds holding
Funds holding: 193 → 185 (-8)
16% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 67
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
26% less capital invested
Capital invested by funds: $776M → $571M (-$204M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.4M |
| 2 |
SST
S Squared Technology
New York
|
+$4.86M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.96M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.39M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$16.3M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$16M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$11.2M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.03M |
| 5 |
BlackRock
New York
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DT
201
Diversified Trust
Memphis,
Tennessee
| – | -$216K | -6,171 | Closed |
|
|
ACM
202
Aquatic Capital Management
Chicago,
Illinois
| – | -$77K | -2,200 | Closed |
|
|
SSG
203
Summit Securities Group
New York
| – | -$52K | -1,500 | Closed |
|
|
QL
204
Quarry LP
New York
| – | -$45.2K | -1,293 | Closed |
|
205
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -37 | Closed |
|
|
FGAM
206
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$13 | -35 | Closed |
|
|
BAAM
207
Baker Avenue Asset Management
San Francisco,
California
| – | -$594 | -17 | Closed |
|
|
TFP
208
Tilia Fiduciary Partners
Wilmington,
North Carolina
| – | -$454 | -13 | Closed |
|
|
DI
209
Disciplined Investments
Tulsa,
Oklahoma
| – | -$35 | -1 | Closed |
|
|
SIC
210
SJS Investment Consulting
Sylvania,
Ohio
| – | -$35 | -1 | Closed |
|
|
SFG
211
Steward Financial Group
Colleyville,
Texas
| – | +$30 | +1 | New |
|
PRLB Hedge Fund Activity: Q3 2023 in Review
185 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Protolabs (PRLB) for Q3 2023, worth a combined $571M — down 26% from $776M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PRLB and 20 opened new positions — a net loss of 6 holders — while 67 trimmed existing stakes and 56 added.
The largest buyer was Morgan Stanley, adding an estimated $11.4M. The largest seller was Brown Capital Management, exiting entirely with an estimated $16.3M sold.
- 185 institutional investors held Protolabs (PRLB) as of Q3 2023, down from 193 in Q2 2023.
- Funds reported $571M of Protolabs stock for Q3 2023, down 26% quarter-over-quarter.
- 20 funds opened new Protolabs positions in Q3 2023 and 26 closed out, a net change of -6 holders.
- The largest Protolabs buyer in Q3 2023 was Morgan Stanley, an estimated $11.4M added.
- The largest Protolabs seller in Q3 2023 was Brown Capital Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2023.