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Penumbra

338 hedge funds and large institutions have $8.76B invested in Penumbra in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 114 increasing their positions, 122 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 34

9% more capital invested

Capital invested by funds: $8.01B → $8.76B (+$746M)

8% more funds holding

Funds holding: 314338 (+24)

4.2% more ownership

Funds ownership: 85.98%90.19% (+4.2%)

6% less call options, than puts

Call options by funds: $184M | Put options by funds: $196M

7% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 122

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
338
Holders Change
+24
Holders Change %
+7.64%
% of All Funds
4.93%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
64
Increased
114
Reduced
122
Closed
34
Calls
$184M
Puts
$196M
Net Calls
-$11.8M
Net Calls Change
-$128M
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$18.1M -$1.75M -7,900 -10%
T. Rowe Price Investment Management
52
T. Rowe Price Investment Management
Maryland
$16.9M -$97.3K -440 -0.6%
ACIM
53
Azimuth Capital Investment Management
Michigan
$16.7M +$2.67M +12,088 +22%
California Public Employees Retirement System
54
California Public Employees Retirement System
California
$16.4M -$956K -4,323 -6%
Neuberger Berman Group
55
Neuberger Berman Group
New York
$15.7M -$469K -2,121 -3%
UBS AM
56
UBS AM
Illinois
$15.5M +$474K +2,143 +4%
Legal & General Group
57
Legal & General Group
United Kingdom
$15.5M -$284K -1,285 -2%
BSA
58
Braun Stacey Associates
New York
$14.2M -$490K -2,216 -4%
Wells Fargo
59
Wells Fargo
California
$14.1M -$283K -1,282 -2%
Ameriprise
60
Ameriprise
Minnesota
$14M +$756K +3,418 +7%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$13.8M +$1.36M +6,152 +13%
CS
62
Credit Suisse
Switzerland
$13.3M +$1.25M +5,649 +12%
AIG
63
American International Group
New York
$13.2M -$449K -2,029 -4%
FDCDDQ
64
Federation des caisses Desjardins du Quebec
Quebec, Canada
$13.1M -$863K -3,906 -7%
Marshall Wace
65
Marshall Wace
United Kingdom
$12.7M +$1.31M +5,912 +13%
State of Wisconsin Investment Board
66
State of Wisconsin Investment Board
Wisconsin
$12.7M +$1.57M +7,119 +16%
Retirement Systems of Alabama
67
Retirement Systems of Alabama
Alabama
$12.2M +$76.7K +347 +0.7%
Bank of America
68
Bank of America
North Carolina
$11.2M -$3.35M -15,151 -25%
Canada Pension Plan Investment Board
69
Canada Pension Plan Investment Board
Ontario, Canada
$10.8M +$5.66M +25,600 +146%
Primecap Management
70
Primecap Management
California
$10.8M -$66.3K -300 -0.7%
Man Group
71
Man Group
United Kingdom
$10.2M +$8.99M +40,689 New
IHAM
72
Integral Health Asset Management
New York
$10.1M +$8.84M +40,000 New
BA
73
Bridgewater Associates
Connecticut
$9.8M +$4.82M +21,800 +127%
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$9.75M +$218K +988 +3%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$9.71M -$354K -1,603 -4%

PEN Hedge Fund Activity: Q4 2023 in Review

338 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q4 2023, worth a combined $8.76B — up 9.3% from $8.01B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new PEN positions and 34 closed out — a net gain of 30 holders — while 114 added to existing stakes and 122 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $252M. The largest seller was BlackRock, cutting an estimated $57.5M.

  • 338 institutional investors held Penumbra (PEN) as of Q4 2023, up from 314 in Q3 2023.
  • Funds reported $8.76B of Penumbra stock for Q4 2023, up 9.3% quarter-over-quarter.
  • 64 funds opened new Penumbra positions in Q4 2023 and 34 closed out, a net change of +30 holders.
  • The largest Penumbra buyer in Q4 2023 was T. Rowe Price Associates, an estimated $252M added.
  • The largest Penumbra seller in Q4 2023 was BlackRock, an estimated $57.5M sold.

Based on aggregated 13F filings for Q4 2023.