J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
371 hedge funds and large institutions have $2.2B invested in J.C. Penney Company, Inc. in 2013 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 155 increasing their positions, 60 reducing their positions, and 40 closing their positions.
190% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 40
158% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 60
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
24% more funds holding
Funds holding: 300 → 371 (+71)
41% less capital invested
Capital invested by funds: $3.74B → $2.2B (-$1.55B)
55% less call options, than puts
Call options by funds: $326M | Put options by funds: $719M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$140M |
| 2 |
HCM
Hayman Capital Management
Dallas,
Texas
|
+$81.1M |
| 3 |
Jennison Associates
New York
|
+$80.9M |
| 4 |
MG
Meditor Group
Hamilton,
Bermuda
|
+$64.2M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
-$667M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$179M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$121M |
| 4 |
TCM
Tiger Consumer Management
New York
|
-$92.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.1M |
JCP Hedge Fund Activity: Q3 2013 in Review
371 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q3 2013, worth a combined $2.2B — down 41% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new JCP positions and 40 closed out — a net gain of 76 holders — while 155 added to existing stakes and 60 trimmed.
The largest buyer was Vanguard Group, adding an estimated $140M. The largest seller was Pershing Square Capital Management, exiting entirely with an estimated $667M sold.
- 371 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q3 2013, up from 300 in Q2 2013.
- Funds reported $2.2B of J.C. Penney Company, Inc. stock for Q3 2013, down 41% quarter-over-quarter.
- 116 funds opened new J.C. Penney Company, Inc. positions in Q3 2013 and 40 closed out, a net change of +76 holders.
- The largest J.C. Penney Company, Inc. buyer in Q3 2013 was Vanguard Group, an estimated $140M added.
- The largest J.C. Penney Company, Inc. seller in Q3 2013 was Pershing Square Capital Management, an estimated $667M sold.
Based on aggregated 13F filings for Q3 2013.