Penumbra
130 hedge funds and large institutions have $1.91B invested in Penumbra in 2017 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
54% more capital invested
Capital invested by funds: $1.24B → $1.91B (+$673M)
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
7.61% more ownership
Funds ownership: 61.17% → 68.78% (+7.6%)
7% more funds holding
Funds holding: 122 → 130 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
91% less call options, than puts
Call options by funds: $858K | Put options by funds: $9.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$131M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$52.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.9M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$23.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$6.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.73M |
| 3 |
ECM
Endurant Capital Management
San Mateo,
California
|
-$3.16M |
| 4 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$3.14M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.07M |
PEN Hedge Fund Activity: Q1 2017 in Review
130 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2017, worth a combined $1.91B — up 54% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PEN positions and 18 closed out — a net gain of 13 holders — while 51 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $131M. The largest seller was Highland Capital Management (Texas), exiting entirely with an estimated $6.4M sold.
- 130 institutional investors held Penumbra (PEN) as of Q1 2017, up from 122 in Q4 2016.
- Funds reported $1.91B of Penumbra stock for Q1 2017, up 54% quarter-over-quarter.
- 31 funds opened new Penumbra positions in Q1 2017 and 18 closed out, a net change of +13 holders.
- The largest Penumbra buyer in Q1 2017 was BlackRock, an estimated $131M added.
- The largest Penumbra seller in Q1 2017 was Highland Capital Management (Texas), an estimated $6.4M sold.
Based on aggregated 13F filings for Q1 2017.