ProKidney
PROK
66 hedge funds and large institutions have $185M invested in ProKidney in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
18% more funds holding
Funds holding: 56 → 66 (+10)
1.06% more ownership
Funds ownership: 64.65% → 65.71% (+1.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
58% less capital invested
Capital invested by funds: $446M → $185M (-$260M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.68M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$6.46M |
| 3 |
Morgan Stanley
New York
|
+$5.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.19M |
| 5 |
Millennium Management
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCG
Social Capital Group
Menlo Park,
California
|
-$16.3M |
| 2 |
BlackRock
New York
|
-$4.83M |
| 3 |
State Street
Boston,
Massachusetts
|
-$789K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$704K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$639K |
PROK Hedge Fund Activity: Q3 2023 in Review
66 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in ProKidney (PROK) for Q3 2023, worth a combined $185M — down 58% from $446M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PROK positions and 7 closed out — a net gain of 10 holders — while 15 added to existing stakes and 26 trimmed.
The largest buyer was Bank of America, adding an estimated $9.68M. The largest seller was Social Capital Group, cutting an estimated $16.3M.
- 66 institutional investors held ProKidney (PROK) as of Q3 2023, up from 56 in Q2 2023.
- Funds reported $185M of ProKidney stock for Q3 2023, down 58% quarter-over-quarter.
- 17 funds opened new ProKidney positions in Q3 2023 and 7 closed out, a net change of +10 holders.
- The largest ProKidney buyer in Q3 2023 was Bank of America, an estimated $9.68M added.
- The largest ProKidney seller in Q3 2023 was Social Capital Group, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2023.