Wellington Reports 1,002,054 Shares (2.53%) in PRA Group (PRAA)
This filing is Amendment No. 5 to a Schedule 13G filed by Wellington Management Group LLP and related Wellington entities reporting positions in PRA Group, Inc. (ticker PRAA).
Rhea-AI Filing Summary
This filing is Amendment No. 5 to a Schedule 13G filed by Wellington Management Group LLP and related Wellington entities reporting positions in PRA Group, Inc. (ticker PRAA). The reporting persons state aggregate beneficial ownership of 1,002,054 shares, representing 2.53% of the class, with 904,757 shares subject to shared voting power and 1,002,054 shares subject to shared dispositive power. The securities are owned of record by clients of Wellington investment advisers. The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The document shows the issuer address and is signed by Taisia Lowe on 08/12/2025.
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Insights
TL;DR: Wellington reports a 2.53% beneficial stake (1,002,054 shares) in PRA Group, held on behalf of clients and not intended to change control.
This Schedule 13G/A discloses clear, quantified holdings: 1,002,054 shares (2.53% of class) with 904,757 shares reflecting shared voting power. The filing identifies the holders as Wellington Management Group LLP and affiliated entities and states the securities are owned of record by clients of Wellington investment advisers. The certification that the holdings were acquired in the ordinary course and not to influence control indicates a passive, advisory relationship rather than an activist or control intent. For investors, this is a transparent institutional disclosure without indications of immediate governance actions.
TL;DR: This is a routine institutional disclosure showing modest passive ownership and formal assurance the stake is not for control purposes.
The filing classifies the reporting persons as holding companies/ investment advisers and lists the chain of control among Wellington entities. It affirms that no single client is known to own more than 5% and that holdings are held in the ordinary course. The detailed allocation of voting and dispositive powers (sole powers = 0, shared voting = 904,757, shared dispositive = 1,002,054) supports governance transparency. The filing does not present indications of a governance challenge or transaction to alter control.
FAQ
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What voting and dispositive powers are reported by Wellington in this filing?
Was the position acquired to change or influence control of PRA Group (PRAA)?
Which entities filed this Schedule 13G/A for PRA Group (PRAA)?
What are the relevant dates in the filing for PRA Group (PRAA)?
Does any client of Wellington reported in the filing own more than 5% of PRA Group (PRAA)?
AI-generated analysis. How Rhea-AI works. Not financial advice.