Penumbra
251 hedge funds and large institutions have $4.94B invested in Penumbra in 2019 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 94 increasing their positions, 71 reducing their positions, and 21 closing their positions.
143% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 21
32% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 71
13% more funds holding
Funds holding: 222 → 251 (+29)
9% more capital invested
Capital invested by funds: $4.52B → $4.94B (+$418M)
10.5% less ownership
Funds ownership: 96.67% → 86.17% (-10%)
23% less call options, than puts
Call options by funds: $25.9M | Put options by funds: $33.8M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$65.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$22.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.6M |
| 4 |
Barclays
London,
United Kingdom
|
+$15.5M |
| 5 |
Goldman Sachs
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$286M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$97.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$56.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$45.8M |
| 5 |
GPP
Great Point Partners
Greenwich,
Connecticut
|
-$40.3M |
PEN Hedge Fund Activity: Q4 2019 in Review
251 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q4 2019, worth a combined $4.94B — up 9.2% from $4.52B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PEN positions and 21 closed out — a net gain of 30 holders — while 94 added to existing stakes and 71 trimmed.
The largest buyer was Generation Investment Management, opening a new position worth an estimated $65.6M. The largest seller was Wellington Management Group, cutting an estimated $286M.
- 251 institutional investors held Penumbra (PEN) as of Q4 2019, up from 222 in Q3 2019.
- Funds reported $4.94B of Penumbra stock for Q4 2019, up 9.2% quarter-over-quarter.
- 51 funds opened new Penumbra positions in Q4 2019 and 21 closed out, a net change of +30 holders.
- The largest Penumbra buyer in Q4 2019 was Generation Investment Management, an estimated $65.6M added.
- The largest Penumbra seller in Q4 2019 was Wellington Management Group, an estimated $286M sold.
Based on aggregated 13F filings for Q4 2019.