J.C. Penney Company, Inc.
JCP
JCP was delisted on the 18th of May, 2020.
250 hedge funds and large institutions have $533M invested in J.C. Penney Company, Inc. in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 71 reducing their positions, and 55 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 71
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 275 → 250 (-25)
24% less capital invested
Capital invested by funds: $704M → $533M (-$171M)
42% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 55
60% less call options, than puts
Call options by funds: $27.4M | Put options by funds: $68.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$30.4M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$29.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.2M |
| 4 |
BlackRock
New York
|
+$5.82M |
| 5 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.4M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$8.61M |
| 3 |
JG
Jefferies Group
New York
|
-$8.58M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$8.46M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$6.64M |
JCP Hedge Fund Activity: Q2 2018 in Review
250 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in J.C. Penney Company, Inc. (JCP) for Q2 2018, worth a combined $533M — down 24% from $704M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of JCP and 32 opened new positions — a net loss of 23 holders — while 71 trimmed existing stakes and 74 added.
The largest buyer was Contrarius Investment Management, adding an estimated $30.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $41.4M sold.
- 250 institutional investors held J.C. Penney Company, Inc. (JCP) as of Q2 2018, down from 275 in Q1 2018.
- Funds reported $533M of J.C. Penney Company, Inc. stock for Q2 2018, down 24% quarter-over-quarter.
- 32 funds opened new J.C. Penney Company, Inc. positions in Q2 2018 and 55 closed out, a net change of -23 holders.
- The largest J.C. Penney Company, Inc. buyer in Q2 2018 was Contrarius Investment Management, an estimated $30.4M added.
- The largest J.C. Penney Company, Inc. seller in Q2 2018 was Fidelity Investments, an estimated $41.4M sold.
Based on aggregated 13F filings for Q2 2018.