Penumbra
222 hedge funds and large institutions have $4.52B invested in Penumbra in 2019 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 88 increasing their positions, 55 reducing their positions, and 37 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
60% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 55
38% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 37
19% more call options, than puts
Call options by funds: $41.3M | Put options by funds: $34.6M
9.92% more ownership
Funds ownership: 86.75% → 96.67% (+9.9%)
7% more funds holding
Funds holding: 208 → 222 (+14)
6% less capital invested
Capital invested by funds: $4.82B → $4.52B (-$298M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$236M |
| 2 |
State Street
Boston,
Massachusetts
|
+$53.2M |
| 3 |
GPP
Great Point Partners
Greenwich,
Connecticut
|
+$46.4M |
| 4 |
RG
Redmile Group
San Francisco,
California
|
+$46.1M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.8M |
| 2 |
Millennium Management
New York
|
-$46.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$44.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$29.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$27.9M |
PEN Hedge Fund Activity: Q3 2019 in Review
222 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q3 2019, worth a combined $4.52B — down 6.2% from $4.82B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PEN positions and 37 closed out — a net gain of 14 holders — while 88 added to existing stakes and 55 trimmed.
The largest buyer was BlackRock, adding an estimated $236M. The largest seller was Wellington Management Group, cutting an estimated $70.8M.
- 222 institutional investors held Penumbra (PEN) as of Q3 2019, up from 208 in Q2 2019.
- Funds reported $4.52B of Penumbra stock for Q3 2019, down 6.2% quarter-over-quarter.
- 51 funds opened new Penumbra positions in Q3 2019 and 37 closed out, a net change of +14 holders.
- The largest Penumbra buyer in Q3 2019 was BlackRock, an estimated $236M added.
- The largest Penumbra seller in Q3 2019 was Wellington Management Group, an estimated $70.8M sold.
Based on aggregated 13F filings for Q3 2019.