Priority Technology Holdings
PRTH
12 hedge funds and large institutions have $36.7M invested in Priority Technology Holdings in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more funds holding
Funds holding: 11 → 12 (+1)
0.53% more ownership
Funds ownership: 6.36% → 6.9% (+0.53%)
15% less capital invested
Capital invested by funds: $43.5M → $36.7M (-$6.72M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$2.25M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$712K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$276K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$938K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$160K |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$116K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$541 |
| 5 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$343 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
1
TimesSquare Capital Management
New York
| $18M | -$116K | -12,900 | -0.6% |
|
|
2
Wellington Management Group
Boston,
Massachusetts
| $7.37M | +$276K | +30,600 | +3% |
|
|
BCM
3
BlueCrest Capital Management
St Helier,
Jersey
| $3.05M | +$712K | +79,000 | +26% |
|
|
PI
4
Putnam Investments
Boston,
Massachusetts
| $2.4M | – | – | – |
|
|
MCM
5
Moore Capital Management
New York
| $2.08M | – | – | – |
|
|
MIM
6
Monashee Investment Management
Boston,
Massachusetts
| $2M | +$2.25M | +250,000 | New |
|
|
SC
7
Southside Capital
Miami Beach,
Florida
| $1.11M | +$1.52M | +168,375 | New |
|
|
SSA
8
Schonfeld Strategic Advisors
New York
| $520K | – | – | – |
|
9
JP Morgan Chase
New York
| $96K | – | – | – |
|
|
KPF
10
K2 Principal Fund
Toronto,
Ontario, Canada
| $80K | -$160K | -17,738 | -64% |
|
|
11
UBS Group
Zurich,
Switzerland
| $22K | +$25.2K | +2,791 | New |
|
|
CI
12
Cowen Inc
New York
| – | -$938K | -96,556 | Closed |
|
|
PGC
13
Pacific Grove Capital
San Francisco,
California
| – | -$343 | -35,293 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$541 | -60 | -60% |
|
PRTH Hedge Fund Activity: Q4 2018 in Review
12 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Priority Technology Holdings (PRTH) for Q4 2018, worth a combined $36.7M — down 15% from $43.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PRTH positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Monashee Investment Management, opening a new position worth an estimated $2.25M. The largest seller was Cowen Inc, exiting entirely with an estimated $938K sold.
- 12 institutional investors held Priority Technology Holdings (PRTH) as of Q4 2018, up from 11 in Q3 2018.
- Funds reported $36.7M of Priority Technology Holdings stock for Q4 2018, down 15% quarter-over-quarter.
- 3 funds opened new Priority Technology Holdings positions in Q4 2018 and 2 closed out, a net change of +1 holder.
- The largest Priority Technology Holdings buyer in Q4 2018 was Monashee Investment Management, an estimated $2.25M added.
- The largest Priority Technology Holdings seller in Q4 2018 was Cowen Inc, an estimated $938K sold.
Based on aggregated 13F filings for Q4 2018.