Penumbra
128 hedge funds and large institutions have $1.39B invested in Penumbra in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
43% more capital invested
Capital invested by funds: $971M → $1.39B (+$417M)
22% more funds holding
Funds holding: 105 → 128 (+23)
5.66% more ownership
Funds ownership: 53.14% → 58.8% (+5.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less call options, than puts
Call options by funds: $1.95M | Put options by funds: $5.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$19.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$13.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$13.3M |
| 5 |
Millennium Management
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
-$40.7M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$13.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$10.8M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$10.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.27M |
PEN Hedge Fund Activity: Q3 2016 in Review
128 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q3 2016, worth a combined $1.39B — up 43% from $971M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PEN positions and 13 closed out — a net gain of 23 holders — while 49 added to existing stakes and 28 trimmed.
The largest buyer was Vanguard Group, adding an estimated $21.2M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $40.7M sold.
- 128 institutional investors held Penumbra (PEN) as of Q3 2016, up from 105 in Q2 2016.
- Funds reported $1.39B of Penumbra stock for Q3 2016, up 43% quarter-over-quarter.
- 36 funds opened new Penumbra positions in Q3 2016 and 13 closed out, a net change of +23 holders.
- The largest Penumbra buyer in Q3 2016 was Vanguard Group, an estimated $21.2M added.
- The largest Penumbra seller in Q3 2016 was Consonance Capital Management, an estimated $40.7M sold.
Based on aggregated 13F filings for Q3 2016.