J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
294 hedge funds and large institutions have $1.51B invested in J.C. Penney Company, Inc. in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 106 increasing their positions, 105 reducing their positions, and 79 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 105
15% less funds holding
Funds holding: 345 → 294 (-51)
31% less capital invested
Capital invested by funds: $2.2B → $1.51B (-$683M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
50% less call options, than puts
Call options by funds: $109M | Put options by funds: $219M
57% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$162M |
| 2 |
TA
Teachers Advisors
New York
|
+$30.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20.7M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$20.7M |
| 5 |
Goldman Sachs
New York
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$158M |
| 2 |
Renaissance Technologies
New York
|
-$60.3M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$42.2M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$33.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25.3M |
JCP Hedge Fund Activity: Q1 2017 in Review
294 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q1 2017, worth a combined $1.51B — down 31% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of JCP and 34 opened new positions — a net loss of 45 holders — while 105 trimmed existing stakes and 106 added.
The largest buyer was BlackRock, adding an estimated $162M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $158M sold.
- 294 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q1 2017, down from 345 in Q4 2016.
- Funds reported $1.51B of J.C. Penney Company, Inc. stock for Q1 2017, down 31% quarter-over-quarter.
- 34 funds opened new J.C. Penney Company, Inc. positions in Q1 2017 and 79 closed out, a net change of -45 holders.
- The largest J.C. Penney Company, Inc. buyer in Q1 2017 was BlackRock, an estimated $162M added.
- The largest J.C. Penney Company, Inc. seller in Q1 2017 was Lazard Asset Management, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2017.