Prudential Financial
PRU
919 hedge funds and large institutions have $14B invested in Prudential Financial in 2020 Q3 according to their latest regulatory filings, with 94 funds opening new positions, 323 increasing their positions, 350 reducing their positions, and 71 closing their positions.
32% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 71
2% more funds holding
Funds holding: 903 → 919 (+16)
1% less capital invested
Capital invested by funds: $14.2B → $14B (-$196M)
3% less call options, than puts
Call options by funds: $272M | Put options by funds: $281M
8% less repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 350
3.22% less ownership
Funds ownership: 59.19% → 55.97% (-3.2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.7M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$23.2M |
| 3 |
KBC Group
Brussels,
Belgium
|
+$20.4M |
| 4 |
Barclays
London,
United Kingdom
|
+$20.1M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$284M |
| 2 |
BlackRock
New York
|
-$259M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$129M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$83.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.5M |
PRU Hedge Fund Activity: Q3 2020 in Review
919 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q3 2020, worth a combined $14B — down 1.4% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new PRU positions and 71 closed out — a net gain of 23 holders — while 323 added to existing stakes and 350 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34.7M. The largest seller was JP Morgan Chase, cutting an estimated $284M.
- 919 institutional investors held Prudential Financial (PRU) as of Q3 2020, up from 903 in Q2 2020.
- Funds reported $14B of Prudential Financial stock for Q3 2020, down 1.4% quarter-over-quarter.
- 94 funds opened new Prudential Financial positions in Q3 2020 and 71 closed out, a net change of +23 holders.
- The largest Prudential Financial buyer in Q3 2020 was Morgan Stanley, an estimated $34.7M added.
- The largest Prudential Financial seller in Q3 2020 was JP Morgan Chase, an estimated $284M sold.
Based on aggregated 13F filings for Q3 2020.