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Penumbra

128 hedge funds and large institutions have $1.38B 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.

New
Increased
Maintained
Reduced
Closed

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

42% more capital invested

Capital invested by funds: $971M → $1.38B (+$409M)

22% more funds holding

Funds holding: 105128 (+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: 43 (-1)

67% less call options, than puts

Call options by funds: $1.95M | Put options by funds: $5.93M

Holders
128
Holders Change
+23
Holders Change %
+21.9%
% of All Funds
3.42%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
36
Increased
49
Reduced
28
Closed
13
Calls
$1.95M
Puts
$5.93M
Net Calls
-$3.98M
Net Calls Change
-$3.32M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$354M +$11.3M +163,422 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$140M +$21.2M +307,649 +20%
Lord, Abbett & Co
3
Lord, Abbett & Co
New Jersey
$74.6M +$9.59M +138,923 +16%
AllianceBernstein
4
AllianceBernstein
Tennessee
$72.5M +$19.3M +279,677 +41%
RG
5
Redmile Group
California
$51.1M -$13.2M -190,663 -22%
BFA
6
BlackRock Fund Advisors
California
$49.4M +$3.27M +47,436 +8%
Invesco
7
Invesco
Georgia
$45.1M +$944K +13,686 +2%
CAM
8
Carret Asset Management
New York
$39M -$2.21M -31,980 -6%
State Street
9
State Street
Massachusetts
$32.8M +$2.92M +42,346 +11%
BIT
10
BlackRock Institutional Trust
California
$26.5M +$7.13M +103,285 +42%
Federated Hermes
11
Federated Hermes
Pennsylvania
$25.8M +$473K +6,850 +2%
Northern Trust
12
Northern Trust
Illinois
$22.4M +$13.8M +199,408 +208%
Morgan Stanley
13
Morgan Stanley
New York
$20.8M -$894K -12,963 -5%
RSCM
14
Rock Springs Capital Management
Maryland
$20.3M +$1.66M +24,000 +10%
PHS
15
PFM Health Sciences
California
$15.8M +$11.7M +169,279 +443%
Franklin Resources
16
Franklin Resources
California
$15.8M
Capital World Investors
17
Capital World Investors
California
$14.8M
Allianz Asset Management
18
Allianz Asset Management
Germany
$14.6M +$13.3M +192,092 New
Renaissance Technologies
19
Renaissance Technologies
New York
$14.2M +$1.93M +27,900 +18%
Millennium Management
20
Millennium Management
New York
$14M +$12.7M +183,940 New
UBS Group
21
UBS Group
Switzerland
$13.8M -$215K -3,114 -2%
O
22
OppenheimerFunds
New York
$13.7M +$12.4M +180,360 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$13M +$8.03M +116,414 +212%
CCI
24
Columbus Circle Investors
$12.6M +$11.4M +165,259 New
WRF
25
Waddell & Reed Financial
Kansas
$12.5M

PEN Hedge Fund Activity: Q3 2016 in Review

128 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q3 2016, worth a combined $1.38B — up 42% 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 $1.38B of Penumbra stock for Q3 2016, up 42% 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.