J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
345 hedge funds and large institutions have $2.2B invested in J.C. Penney Company, Inc. in 2016 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 105 increasing their positions, 108 reducing their positions, and 46 closing their positions.
54% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 46
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
6% more funds holding
Funds holding: 325 → 345 (+20)
3% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 108
10% less capital invested
Capital invested by funds: $2.44B → $2.2B (-$249M)
73% less call options, than puts
Call options by funds: $116M | Put options by funds: $432M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$45.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$36.2M |
| 3 |
Goldman Sachs
New York
|
+$34.2M |
| 4 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$17.2M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$52.4M |
| 2 |
Millennium Management
New York
|
-$34.1M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$33.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$32.9M |
| 5 |
Renaissance Technologies
New York
|
-$24.5M |
JCP Hedge Fund Activity: Q4 2016 in Review
345 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q4 2016, worth a combined $2.2B — down 10% from $2.44B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new JCP positions and 46 closed out — a net gain of 25 holders — while 105 added to existing stakes and 108 trimmed.
The largest buyer was Appaloosa LP, opening a new position worth an estimated $45.9M. The largest seller was Citadel Advisors, cutting an estimated $52.4M.
- 345 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q4 2016, up from 325 in Q3 2016.
- Funds reported $2.2B of J.C. Penney Company, Inc. stock for Q4 2016, down 10% quarter-over-quarter.
- 71 funds opened new J.C. Penney Company, Inc. positions in Q4 2016 and 46 closed out, a net change of +25 holders.
- The largest J.C. Penney Company, Inc. buyer in Q4 2016 was Appaloosa LP, an estimated $45.9M added.
- The largest J.C. Penney Company, Inc. seller in Q4 2016 was Citadel Advisors, an estimated $52.4M sold.
Based on aggregated 13F filings for Q4 2016.