Priority Technology Holdings
PRTH
11 hedge funds and large institutions have $46M invested in Priority Technology Holdings in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
29% more capital invested
Capital invested by funds: $35.5M → $46M (+$10.5M)
13.01% more ownership
Funds ownership: 49.41% → 62.42% (+13%)
21% less funds holding
Funds holding: 14 → 11 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$20.6M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$6.71M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$622K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$516K |
| 5 |
JP Morgan Chase
New York
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$6.12M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.51M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.5M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.09M |
PRTH Hedge Fund Activity: Q1 2018 in Review
11 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Priority Technology Holdings (PRTH) for Q1 2018, worth a combined $46M — up 29% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PRTH and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $20.6M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $6.12M sold.
- 11 institutional investors held Priority Technology Holdings (PRTH) as of Q1 2018, down from 14 in Q4 2017.
- Funds reported $46M of Priority Technology Holdings stock for Q1 2018, up 29% quarter-over-quarter.
- 3 funds opened new Priority Technology Holdings positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest Priority Technology Holdings buyer in Q1 2018 was TimesSquare Capital Management, an estimated $20.6M added.
- The largest Priority Technology Holdings seller in Q1 2018 was Boothbay Fund Management, an estimated $6.12M sold.
Based on aggregated 13F filings for Q1 2018.