J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
275 hedge funds and large institutions have $704M invested in J.C. Penney Company, Inc. in 2018 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 82 increasing their positions, 81 reducing their positions, and 32 closing their positions.
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
6% more funds holding
Funds holding: 259 → 275 (+16)
1% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 81
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $732M → $704M (-$28.5M)
68% less call options, than puts
Call options by funds: $32M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$13.8M |
| 2 |
AF
Aristotle Fund
Portland,
Maine
|
+$13.8M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$9.06M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$8.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
-$20.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15M |
| 3 |
PC
Pomelo Capital
New York
|
-$14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.39M |
| 5 |
SIM
Spark Investment Management
New York
|
-$6.89M |
JCP Hedge Fund Activity: Q1 2018 in Review
275 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q1 2018, worth a combined $704M — down 3.9% from $732M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new JCP positions and 32 closed out — a net gain of 17 holders — while 82 added to existing stakes and 81 trimmed.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $13.8M. The largest seller was Greenlight Capital, exiting entirely with an estimated $20.2M sold.
- 275 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q1 2018, up from 259 in Q4 2017.
- Funds reported $704M of J.C. Penney Company, Inc. stock for Q1 2018, down 3.9% quarter-over-quarter.
- 49 funds opened new J.C. Penney Company, Inc. positions in Q1 2018 and 32 closed out, a net change of +17 holders.
- The largest J.C. Penney Company, Inc. buyer in Q1 2018 was Contrarius Investment Management, an estimated $13.8M added.
- The largest J.C. Penney Company, Inc. seller in Q1 2018 was Greenlight Capital, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2018.