Prudential Financial
1,264 hedge funds and large institutions have $24.1B invested in Prudential Financial in 2024 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 462 increasing their positions, 453 reducing their positions, and 74 closing their positions.
65% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 74
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
10% more capital invested
Capital invested by funds: $21.8B → $24.1B (+$2.24B)
3% more funds holding
Funds holding: 1,232 → 1,264 (+32)
2% more repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 453
1.11% less ownership
Funds ownership: 58.29% → 57.19% (-1.1%)
38% less call options, than puts
Call options by funds: $650M | Put options by funds: $1.04B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$55.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$46.9M |
| 3 |
Millennium Management
New York
|
+$43.3M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$38.6M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$692M |
| 2 |
BlackRock
New York
|
-$150M |
| 3 |
Goldman Sachs
New York
|
-$64.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$62.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$53.9M |
PRU Hedge Fund Activity: Q1 2024 in Review
1,264 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q1 2024, worth a combined $24.1B — up 10% from $21.8B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new PRU positions and 74 closed out — a net gain of 48 holders — while 462 added to existing stakes and 453 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $55.3M. The largest seller was Morgan Stanley, cutting an estimated $692M.
- 1,264 institutional investors held Prudential Financial (PRU) as of Q1 2024, up from 1,232 in Q4 2023.
- Funds reported $24.1B of Prudential Financial stock for Q1 2024, up 10% quarter-over-quarter.
- 122 funds opened new Prudential Financial positions in Q1 2024 and 74 closed out, a net change of +48 holders.
- The largest Prudential Financial buyer in Q1 2024 was Balyasny Asset Management, an estimated $55.3M added.
- The largest Prudential Financial seller in Q1 2024 was Morgan Stanley, an estimated $692M sold.
Based on aggregated 13F filings for Q1 2024.