Profound Medical
PROF
34 hedge funds and large institutions have $79.2M invested in Profound Medical in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 5 closing their positions.
72% more capital invested
Capital invested by funds: $46.2M → $79.2M (+$33.1M)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more funds holding
Funds holding: 31 → 34 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.39% less ownership
Funds ownership: 30.37% → 28.98% (-1.4%)
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZDA
Zweig-DiMenna Associates
New York
|
+$2.36M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$602K |
| 3 |
PVI
Pura Vida Investments
New York
|
+$395K |
| 4 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$379K |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.13M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$605K |
| 3 |
BC
Blackcrane Capital
Bellevue,
Washington
|
-$596K |
| 4 |
GS
Gagnon Securities
New York
|
-$457K |
| 5 |
Millennium Management
New York
|
-$197K |
PROF Hedge Fund Activity: Q2 2020 in Review
34 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Profound Medical (PROF) for Q2 2020, worth a combined $79.2M — up 72% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PROF positions and 5 closed out — a net gain of 3 holders — while 4 added to existing stakes and 14 trimmed.
The largest buyer was Zweig-DiMenna Associates, opening a new position worth an estimated $2.36M. The largest seller was EAM Global Investors, exiting entirely with an estimated $2.13M sold.
- 34 institutional investors held Profound Medical (PROF) as of Q2 2020, up from 31 in Q1 2020.
- Funds reported $79.2M of Profound Medical stock for Q2 2020, up 72% quarter-over-quarter.
- 8 funds opened new Profound Medical positions in Q2 2020 and 5 closed out, a net change of +3 holders.
- The largest Profound Medical buyer in Q2 2020 was Zweig-DiMenna Associates, an estimated $2.36M added.
- The largest Profound Medical seller in Q2 2020 was EAM Global Investors, an estimated $2.13M sold.
Based on aggregated 13F filings for Q2 2020.