PACS Group
PACS
149 hedge funds and large institutions have $2.01B invested in PACS Group in 2024 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 66 increasing their positions, 13 reducing their positions, and 5 closing their positions.
1,200% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 5
408% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 13
122% more capital invested
Capital invested by funds: $907M → $2.01B (+$1.11B)
67% more funds holding
Funds holding: 89 → 149 (+60)
12.28% more ownership
Funds ownership: 20.18% → 32.45% (+12%)
5% more call options, than puts
Call options by funds: $223K | Put options by funds: $212K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$155M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$73.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.6M |
| 4 |
BlackRock
New York
|
+$56M |
| 5 |
ZP
Zimmer Partners
New York
|
+$55.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$8.1M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$7.84M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.32M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$4.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Capital
New York
| – | -$3.12M | -105,660 | Closed |
|
|
PD
152
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$831K | -28,157 | Closed |
|
|
AGM
153
Alpine Global Management
New York
| – | -$695K | -23,560 | Closed |
|
|
SO
154
STRS Ohio
Columbus,
Ohio
| – | -$136K | -4,600 | Closed |
|
PACS Hedge Fund Activity: Q3 2024 in Review
149 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PACS Group (PACS) for Q3 2024, worth a combined $2.01B — up 122% from $907M a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PACS positions and 5 closed out — a net gain of 60 holders — while 66 added to existing stakes and 13 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $155M. The largest seller was Citadel Advisors, cutting an estimated $25.1M.
- 149 institutional investors held PACS Group (PACS) as of Q3 2024, up from 89 in Q2 2024.
- Funds reported $2.01B of PACS Group stock for Q3 2024, up 122% quarter-over-quarter.
- 65 funds opened new PACS Group positions in Q3 2024 and 5 closed out, a net change of +60 holders.
- The largest PACS Group buyer in Q3 2024 was Cohen & Steers, an estimated $155M added.
- The largest PACS Group seller in Q3 2024 was Citadel Advisors, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2024.