J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
247 hedge funds and large institutions have $863M invested in J.C. Penney Company, Inc. in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 89 increasing their positions, 60 reducing their positions, and 39 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 60
3% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 39
1% less funds holding
Funds holding: 250 → 247 (-3)
17% less capital invested
Capital invested by funds: $1.04B → $863M (-$177M)
80% less call options, than puts
Call options by funds: $36.9M | Put options by funds: $184M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$24.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.59M |
| 3 |
Millennium Management
New York
|
+$9.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.96M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$7.71M |
Top Sellers
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$15.3M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.7M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$9.79M |
| 5 |
AC
Armistice Capital
New York
|
-$8.37M |
JCP Hedge Fund Activity: Q3 2017 in Review
247 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q3 2017, worth a combined $863M — down 17% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new JCP positions and 39 closed out — a net gain of 1 holder — while 89 added to existing stakes and 60 trimmed.
The largest buyer was Contrarian Capital Management, opening a new position worth an estimated $24.4M. The largest seller was Hodges Capital Management, cutting an estimated $15.3M.
- 247 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q3 2017, down from 250 in Q2 2017.
- Funds reported $863M of J.C. Penney Company, Inc. stock for Q3 2017, down 17% quarter-over-quarter.
- 40 funds opened new J.C. Penney Company, Inc. positions in Q3 2017 and 39 closed out, a net change of +1 holder.
- The largest J.C. Penney Company, Inc. buyer in Q3 2017 was Contrarian Capital Management, an estimated $24.4M added.
- The largest J.C. Penney Company, Inc. seller in Q3 2017 was Hodges Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2017.