UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Portfolio Recovery Associates, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
73640Q105
(CUSIP Number)
December 31, 2010
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
CUSIP: 73640Q105 Page 1 of 6
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Capital Research Global Investors **
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
5 SOLE VOTING POWER
940,000
6 SHARED VOTING POWER
NUMBER OF
SHARES NONE
BENEFICIALL
Y OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING 940,000
PERSON
WITH:
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
940,000 Beneficial ownership disclaimed pursuant to Rule
13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.5%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
** A division of Capital Research and Management Company (CRMC)
CUSIP: 73640Q105 Page 2 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No. 3
Item 1(a) Name of Issuer:
Portfolio Recovery Associates, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
120 Corporate Blvd., Ste 100
Norfolk, VA 23502
Item 2(a) Name of Person(s) Filing:
Capital Research Global Investors
Item 2(b) Address of Principal Business Office or, if none,
Residence:
333 South Hope Street
Los Angeles, CA 90071
Item 2(c) Citizenship: N/A
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
73640Q105
Item 3 If this statement is filed pursuant to sections 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(e) [X] An investment adviser in accordance with
section 240.13d-1(b)(1)(ii)(E).
Item 4 Ownership
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned:
(b) Percent of class:
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of:
(iv) Shared power to dispose or to direct the disposition of:
See page 2
Capital Research Global Investors is deemed to be the
beneficial owner of 940,000 shares or 5.5% of the 17,061,914
shares of Common Stock believed to be outstanding as a result
of CRMC acting as investment adviser to various investment
companies registered under Section 8 of the Investment Company
Act of 1940.
CUSIP: 73640Q105 Page 3 of 6
Item 5 Ownership of Five Percent or Less of a Class. If this
statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities,
check the following: [ ]
Item 6 Ownership of More than Five Percent on Behalf of Another
Person: N/A
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company or Control Person: N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: January 7, 2011
Signature: Timothy D. Armour***
Name/Title: Timothy D. Armour - Senior Vice President
Capital Research Global Investors
***By /s/ James P. Ryan
James P. Ryan
Attorney-in-fact
Signed pursuant to a Power of Attorney dated December 29,
2010 included as an Exhibit to this Schedule 13G.
CUSIP: 73640Q105 Page 4 of 6
POWER OF ATTORNEY
The undersigned do hereby appoint James P. Ryan and Herbert Y.
Poon, and each of them, acting singly, with full power of substitution,
as the true and lawful attorney of the undersigned, to sign on behalf
of the undersigned in respect of the ownership of equity securities
deemed held by the undersigned, Capital Research Global Investors,
AMCAP Fund, American High-Income Trust, American Mutual Fund, Inc.,
American Funds Insurance Series (Blue Chip Income and Growth Fund,
Global Discovery Fund, Growth-Income Fund, Global Small Capitalization
Fund, International Fund, International Growth and Income Fund),
Capital Income Builder, Capital World Growth and Income Fund, Inc.,
EuroPacific Growth Fund, New World Fund, Inc., SMALLCAP World Fund,
Inc., The Bond Fund of America, Inc., The Growth Fund of America, Inc.,
The Investment Company of America, The New Economy Fund, and Washington
Mutual Investors Fund, and to be reported pursuant to Sections 13(d),
13(f) and 13(g) of the Securities Exchange Act of 1934, as amended, and
to execute joint filing agreements with respect to such filings.
IN WITNESS WHEREOF, this Power of Attorney has been executed as of
th
the 29 day of December, 2010.
Capital Research Global Investors Washington Mutual
Investors Fund
/s/ Timothy D. Armour /s/ Jennifer L. Butler
Name: Timothy D. Name: Jennifer L.
Armour Butler
Title: Senior Vice Title: Secretary
President
AMCAP Fund The Growth Fund of
America, Inc.
American Mutual Fund, SMALLCAP World Fund,
Inc. Inc.
Capital Income Builder
Capital World Growth and
Income Fund, Inc.
EuroPacific Growth Fund /s/ Patrick F. Quan
The Investment Company of Name: Patrick F.
America Quan
The New Economy Fund Title: Secretary
New World Fund, Inc.
American Funds Insurance
Series
/s/ Vincent P. Corti
Name: Vincent P.
Corti
CUSIP: 73640Q105 Page 5 of 6
Title: Secretary /s/ Steven I. Koszalka
Name: Steven I.
Koszalka
Title: Secretary
American High-Income
Trust
The Bond Fund of America,
Inc.
/s/ Courtney R. Taylor
Name: Courtney R.
Taylor
Title: Secretary
CUSIP: 73640Q105 Page 6 of 6