PROTO LABS INC PRLB
COM · Common Stock · CUSIP 743713109 · ISIN US7437131094
Rapid manufacturing company
- SectorIndustrials
- IndustryFabricated Structural Metal Products
- HeadquartersMaple Plain, MN
- Founded1999
- Websiteprotolabs.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.6m this quarter). Holder counts are more reliable. Shares outstanding: 23.9m as of 2025-07-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $40.04. Options: 7 managers hold calls ($2.5m notional), 2 hold puts ($4.0k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 211 |
| Q4 2022 | 199 |
| Q1 2023 | 200 |
| Q2 2023 | 194 |
| Q3 2023 | 186 |
| Q4 2023 | 220 |
| Q1 2024 | 204 |
| Q2 2024 | 205 |
| Q3 2024 | 194 |
| Q4 2024 | 200 |
| Q1 2025 | 189 |
| Q2 2025 | 203 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 74 | 93 |
| Q4 2023 | 90 | 100 |
| Q1 2024 | 82 | 114 |
| Q2 2024 | 92 | 99 |
| Q3 2024 | 85 | 103 |
| Q4 2024 | 82 | 100 |
| Q1 2025 | 82 | 101 |
| Q2 2025 | 95 | 95 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.4m | $939.5k | 0.40 |
| Q4 2024 | $7.8m | $5.6m | 0.71 |
| Q1 2025 | $4.0m | $2.2m | 0.54 |
| Q2 2025 | $2.5m | $4.0k | 0.00 |
Biggest buyers
| Rubric Capital Management LP | Added | +918.2k |
| MILLENNIUM MANAGEMENT LLC | New | +155.2k |
| Nuveen, LLC | Added | +111.7k |
| CITADEL ADVISORS LLC | Added | +111.3k |
| Cubist Systematic Strategies, LLC | New | +68.6k |
| STATE STREET CORP | Added | +65.4k |
| DISCIPLINED GROWTH INVESTORS INC /MN | Added | +51.3k |
| Y-Intercept (Hong Kong) Ltd | New | +42.2k |
| CWA Asset Management Group, LLC | New | +36.3k |
| ROYAL BANK OF CANADA | Added | +35.5k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -711.7k |
| FIRST TRUST ADVISORS LP | Reduced | -521.5k |
| BlackRock, Inc. | Reduced | -211.6k |
| D. E. Shaw & Co., Inc. | Reduced | -84.7k |
| Trexquant Investment LP | Reduced | -81.0k |
| VANGUARD GROUP INC | Reduced | -52.7k |
| WINTON GROUP Ltd | Sold out | -47.6k |
| Pacer Advisors, Inc. | Reduced | -42.6k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -42.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH | Sold out | -38.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.1m27.6k shares |
| JANE STREET GROUP, LLC | Added | $440.4k11.0k shares |
| WOLVERINE TRADING, LLC | New | $267.2k6.6k shares |
| GROUP ONE TRADING LLC | Added | $264.3k6.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $208.2k5.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $204.0k5.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $4.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 15.0% |
| DISCIPLINED GROWTH INVESTORS INC /MN 13G · institution -0.5 pts · filed 2026-08-14 | 10.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.8%, 2026-07-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $99.8k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.7m $146.2m | Reduced -211.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.8m $111.0m | Reduced -52.7k |
| DISCIPLINED GROWTH INVESTORS INC /MN 2.08% of their portfolio | 2.7m $109.0m | Added +51.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $52.7m | Reduced -8.9k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $47.5m | Added +65.4k |
| Rubric Capital Management LP 0.67% of their portfolio | 1.0m $41.4m | Added +918.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 562.3k $22.5m | Reduced -17.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 542.1k $21.7m | Added +10.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 452.7k $18.1m | Reduced -84.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 447.1k $17.9m | Reduced -2.9k |
| MORGAN STANLEY 0.00% of their portfolio | 413.1k $16.5m | Added +1.0k |
| S SQUARED TECHNOLOGY, LLC 5.25% of their portfolio | 311.1k $12.5m | Added +4.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 297.9k $11.9m | Added +23.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 279.8k $11.2m | Added +8.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 249.6k $10.0m | Added +1.4k |
| UBS Group AG 0.00% of their portfolio | 241.8k $9.7m | Reduced -23.3k |
| JUPITER ASSET MANAGEMENT LTD 0.07% of their portfolio | 194.8k $7.8m | Added +6.9k |
| Nuveen, LLC 0.00% of their portfolio | 181.8k $7.3m | Added +111.7k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 167.4k $6.7m | Reduced -2.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 165.5k $6.6m | Added +13.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 155.2k $6.2m | New |
| Hillsdale Investment Management Inc. 0.23% of their portfolio | 153.6k $6.2m | Added +34.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 150.6k $6.0m | Reduced -4.7k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.31% of their portfolio | 145.5k $5.8m | Reduced -6.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 145.1k $5.8m | Reduced -8.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 135.3k $5.4m | Added +13.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 123.9k $5.0m | Added +111.3k |
| GAGNON SECURITIES LLC 0.93% of their portfolio | 114.6k $4.6m | Added +16.9k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 106.0k $4.2m | Reduced -42.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 104.3k $4.2m | Added +4.9k |
| Empowered Funds, LLC 0.05% of their portfolio | 103.3k $4.1m | Added +4.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 103.3k $4.1m | Reduced -521.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 101.4k $4.1m | Added +22.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 100.1k $4.0m | Reduced -2.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 93.5k $3.7m | Added +12.0k |
| Invesco Ltd. 0.00% of their portfolio | 92.4k $3.7m | Reduced -9.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 88.3k $3.5m | Reduced -19.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 87.0k $3.5m | Reduced -11.8k |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 82.5k $3.3m | Reduced -2.6k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 81.0k $3.2m | Added +3.3k |
| FMR LLC 0.00% of their portfolio | 79.5k $3.2m | Added +10.3k |
| ARK Investment Management LLC 0.02% of their portfolio | 79.5k $3.2m | Reduced -7.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 76.4k $3.1m | Added +1.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.1k $3.0m | Added +3.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 74.1k $3.0m | Reduced -945 |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 68.6k $2.7m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 68.3k $2.7m | Reduced -31.0k |
| Legal & General Group Plc 0.00% of their portfolio | 66.7k $2.7m | Reduced -5.3k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 65.8k $2.6m | Reduced -280 |
| AMERICAN CAPITAL MANAGEMENT INC 0.09% of their portfolio | 54.0k $2.2m | Added +3.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 49.0k $2.0m | Reduced -3.4k |
| BARCLAYS PLC 0.00% of their portfolio | 46.3k $1.9m | Added +14.7k |
| Swiss National Bank 0.00% of their portfolio | 45.4k $1.8m | Reduced -2.1k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 42.2k $1.7m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 42.0k $1.7m | Added +35.5k |
| AIMZ Investment Advisors, LLC 0.55% of their portfolio | 40.9k $1.6m | Reduced -1.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 38.9k $1.6m | Reduced -11.3k |
| CWA Asset Management Group, LLC 0.06% of their portfolio | 36.3k $1.5m | New |
| CITIGROUP INC 0.00% of their portfolio | 35.9k $1.4m | Reduced -5.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 34.1k $1.4m | Reduced -22.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 33.9k $1.4m | Reduced -5.0k |
| Campbell & CO Investment Adviser LLC 0.08% of their portfolio | 33.5k $1.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 31.8k $1.3m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 30.9k $1.2m | Added +1.0k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 30.2k $1.2m | Reduced -5 |
| Trexquant Investment LP 0.01% of their portfolio | 26.1k $1.0m | Reduced -81.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 26.0k $1.0m | Added +921 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 24.6k $983.0k | Added +100 |
| AlphaQuest LLC 0.09% of their portfolio | 23.5k $941.3k | Added +23.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 23.2k $927.5k | Reduced -373 |
| Tidal Investments LLC 0.01% of their portfolio | 23.0k $920.9k | Added +1.7k |
| Verition Fund Management LLC 0.01% of their portfolio | 22.6k $905.3k | New |
| GABELLI FUNDS LLC 0.01% of their portfolio | 22.3k $893.0k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 22.2k $890.7k | Reduced -16.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 21.8k $871.1k | Added +8.9k |
| ALPS ADVISORS INC 0.00% of their portfolio | 21.5k $860.0k | Reduced -1.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 21.4k $856.0k | Added +1.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 21.3k $852.7k | Reduced -42.6k |
| SG Americas Securities, LLC 0.00% of their portfolio | 21.1k $844.0k | Added +17.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 20.8k $833.3k | Reduced -4.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 18.4k $737.9k | Added +1.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.5k $700.0k | Reduced -524 |
| BAILARD, INC. 0.02% of their portfolio | 16.2k $648.6k | Reduced -1.1k |
| STRS OHIO 0.00% of their portfolio | 16.1k $644.6k | Reduced -900 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 16.1k $644.0k | Reduced -570 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 15.8k $633.7k | Added +1.6k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 15.5k $621.9k | Added +723 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 14.7k $589.5k | Reduced -1.9k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.09% of their portfolio | 14.5k $580.6k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 14.5k $580.4k | Reduced -609 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% of their portfolio | 14.4k $576.6k | Added +400 |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 14.1k $565.0k | Added +556 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 12.5k $501.6k | Reduced -758 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 12.2k $486.8k | Unchanged |
| Horizon Investments, LLC 0.01% of their portfolio | 12.1k $482.9k | New |
| Marks Group Wealth Management, Inc 0.04% of their portfolio | 12.1k $482.6k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 12.0k $480.0k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 11.8k $472.0k | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 11.5k $462.2k | Added +376 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 11.2k $447.4k | Reduced -5.0k |