Parsons
209 hedge funds and large institutions have $4.71B invested in Parsons in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 39 closing their positions.
1,220% more call options, than puts
Call options by funds: $2.65M | Put options by funds: $201K
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
2.51% more ownership
Funds ownership: 97.94% → 100.45% (+2.5%)
0% more capital invested
Capital invested by funds: $4.69B → $4.71B (+$18.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 217 → 209 (-8)
13% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$60.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$20.9M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$16.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$35.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$13.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$12.1M |
| 4 |
Two Sigma Investments
New York
|
-$6.35M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.5M |
PSN Hedge Fund Activity: Q1 2023 in Review
209 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Parsons (PSN) for Q1 2023, worth a combined $4.71B — up 0.39% from $4.69B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PSN and 34 opened new positions — a net loss of 5 holders — while 58 trimmed existing stakes and 75 added.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $60.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $35.7M sold.
- 209 institutional investors held Parsons (PSN) as of Q1 2023, down from 217 in Q4 2022.
- Funds reported $4.71B of Parsons stock for Q1 2023, up 0.39% quarter-over-quarter.
- 34 funds opened new Parsons positions in Q1 2023 and 39 closed out, a net change of -5 holders.
- The largest Parsons buyer in Q1 2023 was Channing Capital Management, an estimated $60.7M added.
- The largest Parsons seller in Q1 2023 was Lord, Abbett & Co, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2023.