Penumbra
188 hedge funds and large institutions have $3.44B invested in Penumbra in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 38 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8.49% more ownership
Funds ownership: 73.51% → 81.99% (+8.5%)
5% more call options, than puts
Call options by funds: $13M | Put options by funds: $12.3M
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
6% less funds holding
Funds holding: 200 → 188 (-12)
9% less capital invested
Capital invested by funds: $3.78B → $3.44B (-$339M)
32% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$201M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$92.5M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$52M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
-$21.1M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$20.1M |
| 3 |
Two Sigma Advisers
New York
|
-$16.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15M |
| 5 |
Two Sigma Investments
New York
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$402 | +3 | New |
|
PEN Hedge Fund Activity: Q4 2018 in Review
188 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q4 2018, worth a combined $3.44B — down 9% from $3.78B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PEN and 26 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 62 added.
The largest buyer was Wellington Management Group, adding an estimated $201M. The largest seller was Los Angeles Capital Management, cutting an estimated $21.1M.
- 188 institutional investors held Penumbra (PEN) as of Q4 2018, down from 200 in Q3 2018.
- Funds reported $3.44B of Penumbra stock for Q4 2018, down 9% quarter-over-quarter.
- 26 funds opened new Penumbra positions in Q4 2018 and 38 closed out, a net change of -12 holders.
- The largest Penumbra buyer in Q4 2018 was Wellington Management Group, an estimated $201M added.
- The largest Penumbra seller in Q4 2018 was Los Angeles Capital Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2018.