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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
State of New Jersey Common Pension Fund D
101
State of New Jersey Common Pension Fund D
New Jersey
$5.22M
VOYA Investment Management
102
VOYA Investment Management
Georgia
$5.14M -$3.63M -16,418 -45%
SCM
103
Silverarc Capital Management
Massachusetts
$5.03M +$4.42M +20,000 New
BNP Paribas Financial Markets
104
BNP Paribas Financial Markets
France
$4.93M +$3.22M +14,548 +287%
SPS
105
Susquehanna Portfolio Strategies
Pennsylvania
$4.92M +$4.33M +19,576 New
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$4.63M -$808K -3,657 -17%
YCM
107
Yousif Capital Management
Michigan
$4.63M +$51.7K +234 +1%
EAM
108
EULAV Asset Management
Florida
$4.55M
Treasurer of the State of North Carolina
109
Treasurer of the State of North Carolina
North Carolina
$4.17M +$37.6K +170 +1%
State of Tennessee, Department of Treasury
110
State of Tennessee, Department of Treasury
Tennessee
$4.01M -$1.51M -6,828 -30%
Comerica Bank
111
Comerica Bank
Texas
$3.98M +$7.52K +34 +0.2%
Group One Trading
112
Group One Trading
Illinois
$3.81M +$3.35M +15,136 New
SFM
113
Soros Fund Management
New York
$3.77M -$1.66M -7,500 -33%
William Blair & Company
114
William Blair & Company
Illinois
$3.37M +$910K +4,119 +44%
Russell Investments Group
115
Russell Investments Group
United Kingdom
$3.2M -$344K -1,557 -11%
Ensign Peak Advisors
116
Ensign Peak Advisors
Utah
$3.05M +$221K +1,000 +9%
PAMP
117
Polar Asset Management Partners
Ontario, Canada
$3.01M -$30.7M -139,000 -92%
TFS
118
Thoroughbred Financial Services
Tennessee
$2.89M -$78.3K -354 -3%
OPERF
119
Oregon Public Employees Retirement Fund
Oregon
$2.74M +$22.1K +100 +0.9%
LSERS
120
Louisiana State Employees Retirement System
Louisiana
$2.72M -$22.1K -100 -0.9%
IMRF
121
Illinois Municipal Retirement Fund
Illinois
$2.71M
RJA
122
Raymond James & Associates
Florida
$2.67M -$921K -4,167 -28%
AG
123
Algert Global
California
$2.63M +$687K +3,110 +42%
Envestnet Asset Management
124
Envestnet Asset Management
Illinois
$2.63M -$834K -3,775 -27%
ASRS
125
Arizona State Retirement System
Arizona
$2.57M -$30.7K -139 -1%

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.