Penumbra
311 hedge funds and large institutions have $9.74B invested in Penumbra in 2023 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 96 increasing their positions, 105 reducing their positions, and 33 closing their positions.
91% more call options, than puts
Call options by funds: $106M | Put options by funds: $55.4M
79% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 33
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
27% more capital invested
Capital invested by funds: $7.65B → $9.74B (+$2.09B)
8% more funds holding
Funds holding: 289 → 311 (+22)
1.45% more ownership
Funds ownership: 90.79% → 92.23% (+1.4%)
9% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$285M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$180M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$60.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$60.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$136M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$63.4M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$58.1M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$38.9M |
| 5 |
Neuberger Berman Group
New York
|
-$30.4M |
PEN Hedge Fund Activity: Q1 2023 in Review
311 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2023, worth a combined $9.74B — up 27% from $7.65B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PEN positions and 33 closed out — a net gain of 26 holders — while 96 added to existing stakes and 105 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $285M. The largest seller was Baillie Gifford & Co, cutting an estimated $136M.
- 311 institutional investors held Penumbra (PEN) as of Q1 2023, up from 289 in Q4 2022.
- Funds reported $9.74B of Penumbra stock for Q1 2023, up 27% quarter-over-quarter.
- 59 funds opened new Penumbra positions in Q1 2023 and 33 closed out, a net change of +26 holders.
- The largest Penumbra buyer in Q1 2023 was T. Rowe Price Associates, an estimated $285M added.
- The largest Penumbra seller in Q1 2023 was Baillie Gifford & Co, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2023.