J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
250 hedge funds and large institutions have $1.04B invested in J.C. Penney Company, Inc. in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 87 increasing their positions, 81 reducing their positions, and 81 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 81
15% less funds holding
Funds holding: 294 → 250 (-44)
31% less capital invested
Capital invested by funds: $1.51B → $1.04B (-$473M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
51% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 81
78% less call options, than puts
Call options by funds: $42.7M | Put options by funds: $196M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$66.3M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$18.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.6M |
| 4 |
PC
Pomelo Capital
New York
|
+$12.6M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TG
TCW Group
Los Angeles,
California
|
-$64.6M |
| 2 |
TA
Teachers Advisors
New York
|
-$31M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$24.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$24.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$21.7M |
JCP Hedge Fund Activity: Q2 2017 in Review
250 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q2 2017, worth a combined $1.04B — down 31% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of JCP and 40 opened new positions — a net loss of 41 holders — while 81 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $66.3M. The largest seller was TCW Group, cutting an estimated $64.6M.
- 250 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q2 2017, down from 294 in Q1 2017.
- Funds reported $1.04B of J.C. Penney Company, Inc. stock for Q2 2017, down 31% quarter-over-quarter.
- 40 funds opened new J.C. Penney Company, Inc. positions in Q2 2017 and 81 closed out, a net change of -41 holders.
- The largest J.C. Penney Company, Inc. buyer in Q2 2017 was BlackRock, an estimated $66.3M added.
- The largest J.C. Penney Company, Inc. seller in Q2 2017 was TCW Group, an estimated $64.6M sold.
Based on aggregated 13F filings for Q2 2017.