Penumbra
200 hedge funds and large institutions have $3.78B invested in Penumbra in 2018 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 73 increasing their positions, 71 reducing their positions, and 35 closing their positions.
7% more capital invested
Capital invested by funds: $3.53B → $3.78B (+$248M)
3% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 71
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 202 → 200 (-2)
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
4% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $18.6M
1.25% less ownership
Funds ownership: 74.75% → 73.51% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$77.5M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$27.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$21.9M |
| 4 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$21.2M |
| 5 |
RG
Redmile Group
San Francisco,
California
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$46.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$42.3M |
| 3 |
Millennium Management
New York
|
-$34.7M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$27.2M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$26.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
LPL Financial
San Diego,
California
| – | -$260K | -1,883 | Closed |
|
|
SO
227
STRS Ohio
Columbus,
Ohio
| – | -$207K | -1,500 | Closed |
|
|
AP
228
Advisors Preferred
Rockville,
Maryland
| – | -$169K | -1,220 | Closed |
|
229
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$131K | -949 | Closed |
|
|
TG
230
TLP Group
Evanston,
Illinois
| – | -$128K | -927 | Closed |
|
231
Envestnet Asset Management
Chicago,
Illinois
| – | -$73K | -525 | Closed |
|
232
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$69K | -500 | Closed |
|
|
ASN
233
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -50 | Closed |
|
234
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$6K | -47 | Closed |
|
|
FIA
235
FNY Investment Advisers
New York
| – | -$2K | -18 | Closed |
|
PEN Hedge Fund Activity: Q3 2018 in Review
200 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q3 2018, worth a combined $3.78B — up 7% from $3.53B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PEN and 34 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 73 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $77.5M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $46.7M sold.
- 200 institutional investors held Penumbra (PEN) as of Q3 2018, down from 202 in Q2 2018.
- Funds reported $3.78B of Penumbra stock for Q3 2018, up 7% quarter-over-quarter.
- 34 funds opened new Penumbra positions in Q3 2018 and 35 closed out, a net change of -1 holder.
- The largest Penumbra buyer in Q3 2018 was Wellington Management Group, an estimated $77.5M added.
- The largest Penumbra seller in Q3 2018 was 1832 Asset Management, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2018.