Profound Medical
PROF
39 hedge funds and large institutions have $62.8M invested in Profound Medical in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 7 closing their positions.
1,229% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $230K
3.5% less ownership
Funds ownership: 45.26% → 41.76% (-3.5%)
11% less funds holding
Funds holding: 44 → 39 (-5)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
26% less capital invested
Capital invested by funds: $84.6M → $62.8M (-$21.9M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$516K |
| 2 |
TIM
Timelo Investment Management
Aurora,
Ontario, Canada
|
+$508K |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$198K |
| 4 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
+$140K |
| 5 |
ZDA
Zweig-DiMenna Associates
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$2.08M |
| 2 |
ACM
Altium Capital Management
New York
|
-$1.13M |
| 3 |
TWMP
Taylor Wealth Management Partners
Boston,
Massachusetts
|
-$966K |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$349K |
| 5 |
WMP
Wealth Management Partners
Tucson,
Arizona
|
-$230K |
PROF Hedge Fund Activity: Q2 2022 in Review
39 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Profound Medical (PROF) for Q2 2022, worth a combined $62.8M — down 26% from $84.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PROF and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $516K. The largest seller was AWM Investment Company, cutting an estimated $2.08M.
- 39 institutional investors held Profound Medical (PROF) as of Q2 2022, down from 44 in Q1 2022.
- Funds reported $62.8M of Profound Medical stock for Q2 2022, down 26% quarter-over-quarter.
- 4 funds opened new Profound Medical positions in Q2 2022 and 7 closed out, a net change of -3 holders.
- The largest Profound Medical buyer in Q2 2022 was Royal Bank of Canada, an estimated $516K added.
- The largest Profound Medical seller in Q2 2022 was AWM Investment Company, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2022.