Prudential Financial
1,145 hedge funds and large institutions have $17B invested in Prudential Financial in 2023 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 462 increasing their positions, 388 reducing their positions, and 135 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
19% more repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 388
1.12% less ownership
Funds ownership: 57.45% → 56.33% (-1.1%)
6% less funds holding
Funds holding: 1,222 → 1,145 (-77)
22% less capital invested
Capital invested by funds: $21.7B → $17B (-$4.69B)
27% less call options, than puts
Call options by funds: $421M | Put options by funds: $574M
30% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$150M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$94.7M |
| 3 |
Jane Street
New York
|
+$73.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$49.1M |
| 5 |
E
Ergoteles
New York
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$553M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$150M |
| 3 |
State Street
Boston,
Massachusetts
|
-$86.6M |
| 4 |
Barclays
London,
United Kingdom
|
-$61.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$45.4M |
PRU Hedge Fund Activity: Q1 2023 in Review
1,145 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q1 2023, worth a combined $17B — down 22% from $21.7B a quarter earlier.
Sellers outnumbered buyers: 135 funds closed out of PRU and 94 opened new positions — a net loss of 41 holders — while 388 trimmed existing stakes and 462 added.
The largest buyer was Millennium Management, adding an estimated $150M. The largest seller was Charles Schwab, cutting an estimated $553M.
- 1,145 institutional investors held Prudential Financial (PRU) as of Q1 2023, down from 1,222 in Q4 2022.
- Funds reported $17B of Prudential Financial stock for Q1 2023, down 22% quarter-over-quarter.
- 94 funds opened new Prudential Financial positions in Q1 2023 and 135 closed out, a net change of -41 holders.
- The largest Prudential Financial buyer in Q1 2023 was Millennium Management, an estimated $150M added.
- The largest Prudential Financial seller in Q1 2023 was Charles Schwab, an estimated $553M sold.
Based on aggregated 13F filings for Q1 2023.