Latest Prana Capital Management, LP Stock Portfolio

Prana Capital Management, LP Performance:

2024 Q3: 6.24%YTD: 12.24%2023: 14.52%

Performance for 2024 Q3 is 6.24%, and YTD is 12.24%, and 2023 is 14.52%.

About Prana Capital Management, LP and 13F Hedge Fund Stock Holdings

Prana Capital Management, LP is a hedge fund based in GREENWICH, CT. On 17-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.1 Billions. In it's latest 13F Holdings report, Prana Capital Management, LP reported an equity portfolio of $2.2 Billions as of 30 Sep, 2024.

The top stock holdings of Prana Capital Management, LP are AIG, WTW, USB. The fund has invested 6.3% of it's portfolio in AMERICAN INTL GROUP INC and 6.1% of portfolio in WILLIS TOWERS WATSON PLC LTD.

The fund managers got completely rid off CAPITAL ONE FINL CORP (COF), AMERICAN EXPRESS CO (AXP) and D R HORTON INC (DHI) stocks. They significantly reduced their stock positions in FRANKLIN RESOURCES INC (BEN), UNION PAC CORP (UNP) and FISERV INC. Prana Capital Management, LP opened new stock positions in CORPAY INC, JONES LANG LASALLE INC (JLL) and WASTE MGMT INC DEL (WM). The fund showed a lot of confidence in some stocks as they added substantially to FIDELITY NATIONAL FINANCIAL (FNF), COGNIZANT TECHNOLOGY SOLUTIO (CTSH) and WASTE CONNECTIONS INC (WCN).

Prana Capital Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Prana Capital Management, LP made a return of 6.24% in the last quarter. In trailing 12 months, it's portfolio return was 23.73%.

New Buys

Ticker	$ Bought
corpay inc	31,540,900
thomson reuters corp.	19,143,000
jones lang lasalle inc	14,268,600
waste mgmt inc del	14,168,900
the cigna group	12,079,000
cme group inc	11,716,100
intuit	8,172,980
pulte group inc	6,519,420

New stocks bought by Prana Capital Management, LP

Additions

Ticker	% Inc.
fidelity national financial	1,104
cognizant technology solutio	1,073
waste connections inc	828
robinhood mkts inc	675
allstate corp	539
markel group inc	513
home depot inc	431
bank america corp	371

Additions to existing portfolio by Prana Capital Management, LP

Reductions

Ticker	% Reduced
franklin resources inc	-97.43
union pac corp	-87.49
fiserv inc	-80.25
assurant inc	-74.28
oracle corp	-72.8
lazard inc	-69.34
molina healthcare inc	-68.32
discover finl svcs	-59.03

Prana Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
synchrony financial	-17,771,500
capital one finl corp	-39,511,600
regions financial corp new	-5,495,250
d r horton inc	-30,839,100
transunion	-11,859,800
american express co	-33,281,800
bank new york mellon corp	-7,535,720
comerica inc	-6,353,870

Prana Capital Management, LP got rid off the above stocks

Sector Distribution

Prana Capital Management, LP has about 71.9% of it's holdings in Financial Services sector.

Sector	%
Financial Services	71.9
Others	8.8
Technology	4.8
Consumer Cyclical	3.7
Industrials	3.4
Real Estate	3.1
Consumer Defensive	2.3
Healthcare	2

Market Cap. Distribution

Prana Capital Management, LP has about 88.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	79.4
MEGA-CAP	9.3
UNALLOCATED	8.8
MID-CAP	2.5

Stocks belong to which Index?

About 82.1% of the stocks held by Prana Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	82.1
Others	17.8

Top 5 Winners (%)		%
MKTX	marketaxess hldgs inc	22.3 %
BLK	blackrock inc	20.4 %
NDAQ	nasdaq inc	19.2 %
AON	aon plc	17.2 %
WMT	walmart inc	16.8 %

Top 5 Winners ($)		$
BLK	blackrock inc	15.6 M
WTW	willis towers watson plc ltd	15.5 M
AON	aon plc	15.4 M
USB	us bancorp del	13.4 M
TFC	truist finl corp	10.9 M

Top 5 Losers (%)		%
SCHW	schwab charles corp	-12.1 %
LPLA	lpl finl hldgs inc	-12.0 %
HUM	humana inc	-10.8 %
MQ	marqeta inc	-9.1 %
ADBE	adobe inc	-6.4 %

Top 5 Losers ($)		$
SCHW	schwab charles corp	-7.7 M
WFC	wells fargo co new	-2.8 M
C	citigroup inc	-2.6 M
AIG	american intl group inc	-1.2 M
ADBE	adobe inc	-1.1 M

Prana Capital Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Prana Capital Management, LP

Prana Capital Management, LP has 85 stocks in it's portfolio. About 47.9% of the portfolio is in top 10 stocks. SCHW proved to be the most loss making stock for the portfolio. BLK was the most profitable stock for Prana Capital Management, LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADBE	adobe inc	0.77	32,362	16,756,400	added	103

ADP	automatic data processing in	0.96	75,635	20,930,500	reduced	-42.76

AIG	american intl group inc	6.33	1,888,070	138,264,000	added	280

AIZ	assurant inc	0.40	44,145	8,778,680	reduced	-74.28

AJG	gallagher arthur j & co	0.00	0.00	0.00	sold off	-100

ALL	allstate corp	2.38	273,655	51,898,700	added	539

ALLY	ally finl inc	0.51	312,512	11,122,300	reduced	-55.45

AMG	affiliated managers group in	0.63	76,912	13,675,000	added	45.97

AON	aon plc	4.16	262,934	90,972,500	reduced	-13.76

ARES	ares management corporation	0.00	0.00	0.00	sold off	-100

AXP	american express co	0.00	0.00	0.00	sold off	-100

BAC	bank america corp	3.73	2,056,060	81,584,600	added	371

BEN	franklin resources inc	0.01	14,743	297,071	reduced	-97.43

BILL	bill holdings inc	0.03	12,056	636,075	new

BK	bank new york mellon corp	0.00	0.00	0.00	sold off	-100

BLK	blackrock inc	4.21	96,807	91,919,200	added	1.74

C	citigroup inc	4.78	1,666,850	104,345,000	reduced	-33.61

CB	chubb limited	0.00	0.00	0.00	sold off	-100

CBRE	cbre group inc	0.00	0.00	0.00	sold off	-100

CFG	citizens finl group inc	0.00	0.00	0.00	sold off	-100