Penumbra
341 hedge funds and large institutions have $6.4B invested in Penumbra in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 136 increasing their positions, 105 reducing their positions, and 57 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 105
11% more call options, than puts
Call options by funds: $82.5M | Put options by funds: $74.1M
4.57% more ownership
Funds ownership: 87.13% → 91.7% (+4.6%)
5% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 57
0% more funds holding
Funds holding: 341 → 341 (0)
15% less capital invested
Capital invested by funds: $7.52B → $6.4B (-$1.13B)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$123M |
| 2 |
Goldman Sachs
New York
|
+$79.6M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$54.1M |
| 4 |
JP Morgan Chase
New York
|
+$42.4M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$252M |
| 2 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
-$47.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.2M |
| 4 |
B
Braidwell
Stamford,
Connecticut
|
-$16.6M |
| 5 |
IHAM
Integral Health Asset Management
New York
|
-$15.6M |
PEN Hedge Fund Activity: Q2 2024 in Review
341 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q2 2024, worth a combined $6.4B — down 15% from $7.52B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PEN positions and 57 closed out — a net gain of 3 holders — while 136 added to existing stakes and 105 trimmed.
The largest buyer was Congress Asset Management, adding an estimated $123M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $252M sold.
- 341 institutional investors held Penumbra (PEN) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $6.4B of Penumbra stock for Q2 2024, down 15% quarter-over-quarter.
- 60 funds opened new Penumbra positions in Q2 2024 and 57 closed out, a net change of +3 holders.
- The largest Penumbra buyer in Q2 2024 was Congress Asset Management, an estimated $123M added.
- The largest Penumbra seller in Q2 2024 was Capital Research Global Investors, an estimated $252M sold.
Based on aggregated 13F filings for Q2 2024.