Priority Technology Holdings
PRTH
11 hedge funds and large institutions have $43.5M invested in Priority Technology Holdings in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
6.36% more ownership
Funds ownership: 0% → 6.36% (+6.4%)
9% less capital invested
Capital invested by funds: $47.6M → $43.5M (-$4.14M)
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 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.21M |
| 2 |
MCM
Moore Capital Management
New York
|
+$2.79M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.59M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.09M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$697K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.88M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.89M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.27M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$529K |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$394K |
PRTH Hedge Fund Activity: Q3 2018 in Review
11 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Priority Technology Holdings (PRTH) for Q3 2018, worth a combined $43.5M — down 8.7% from $47.6M 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 5 added.
The largest buyer was Putnam Investments, opening a new position worth an estimated $3.21M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $7.88M sold.
- 11 institutional investors held Priority Technology Holdings (PRTH) as of Q3 2018, down from 14 in Q2 2018.
- Funds reported $43.5M of Priority Technology Holdings stock for Q3 2018, down 8.7% quarter-over-quarter.
- 3 funds opened new Priority Technology Holdings positions in Q3 2018 and 6 closed out, a net change of -3 holders.
- The largest Priority Technology Holdings buyer in Q3 2018 was Putnam Investments, an estimated $3.21M added.
- The largest Priority Technology Holdings seller in Q3 2018 was Hudson Bay Capital Management, an estimated $7.88M sold.
Based on aggregated 13F filings for Q3 2018.