J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
212 hedge funds and large institutions have $171M invested in J.C. Penney Company, Inc. in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 44 increasing their positions, 63 reducing their positions, and 35 closing their positions.
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
2% less funds holding
Funds holding: 216 → 212 (-4)
30% less capital invested
Capital invested by funds: $244M → $171M (-$72.6M)
30% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 63
87% less call options, than puts
Call options by funds: $1.72M | Put options by funds: $12.8M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$2.24M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$1.94M |
| 3 |
Coatue Management
New York
|
+$1.57M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.35M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$16.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.65M |
| 3 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$1.95M |
| 4 |
HSC
Harbor Spring Capital
New York
|
-$1.62M |
| 5 |
Goldman Sachs
New York
|
-$1.34M |
JCP Hedge Fund Activity: Q3 2019 in Review
212 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q3 2019, worth a combined $171M — down 30% from $244M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of JCP and 32 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 44 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $2.24M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $16.6M sold.
- 212 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q3 2019, down from 216 in Q2 2019.
- Funds reported $171M of J.C. Penney Company, Inc. stock for Q3 2019, down 30% quarter-over-quarter.
- 32 funds opened new J.C. Penney Company, Inc. positions in Q3 2019 and 35 closed out, a net change of -3 holders.
- The largest J.C. Penney Company, Inc. buyer in Q3 2019 was D.E. Shaw & Co, an estimated $2.24M added.
- The largest J.C. Penney Company, Inc. seller in Q3 2019 was Contrarius Investment Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2019.