Penumbra
76 hedge funds and large institutions have $505M invested in Penumbra in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 4 closing their positions.
525% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 4
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more funds holding
Funds holding: 55 → 76 (+21)
4.79% more ownership
Funds ownership: 31.94% → 36.73% (+4.8%)
0% less capital invested
Capital invested by funds: $507M → $505M (-$2.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$21.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.2M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$15.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$12.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$9.08M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.58M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$5.57M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Geode Capital Management
Boston,
Massachusetts
| $1.36K | +$402K | +8,596 | +41% |
|
|
77
Capital Research Global Investors
Los Angeles,
California
| – | -$5.57M | -103,589 | Closed |
|
78
D.E. Shaw & Co
New York
| – | -$655K | -12,166 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$281K | -5,225 | Closed |
|
|
IA
80
IFP Advisors
Tampa,
Florida
| – | -$5K | -100 | Closed |
|
PEN Hedge Fund Activity: Q1 2016 in Review
76 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2016, worth a combined $505M — down 0.4% from $507M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PEN positions and 4 closed out — a net gain of 21 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Phocas Financial Corp, opening a new position worth an estimated $21.3M. The largest seller was Redmile Group, cutting an estimated $12.6M.
- 76 institutional investors held Penumbra (PEN) as of Q1 2016, up from 55 in Q4 2015.
- Funds reported $505M of Penumbra stock for Q1 2016, down 0.4% quarter-over-quarter.
- 25 funds opened new Penumbra positions in Q1 2016 and 4 closed out, a net change of +21 holders.
- The largest Penumbra buyer in Q1 2016 was Phocas Financial Corp, an estimated $21.3M added.
- The largest Penumbra seller in Q1 2016 was Redmile Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2016.