Penumbra
198 hedge funds and large institutions have $4.5B invested in Penumbra in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 71 increasing their positions, 69 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
30% more capital invested
Capital invested by funds: $3.46B → $4.5B (+$1.05B)
6.4% more ownership
Funds ownership: 81.99% → 88.39% (+6.4%)
5% more funds holding
Funds holding: 188 → 198 (+10)
3% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 69
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $31.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$208M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$74.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$61.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$32.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$46.3M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$25.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$20M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$16.8M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.7M |
PEN Hedge Fund Activity: Q1 2019 in Review
198 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2019, worth a combined $4.5B — up 30% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PEN positions and 23 closed out — a net gain of 10 holders — while 71 added to existing stakes and 69 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $208M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $46.3M sold.
- 198 institutional investors held Penumbra (PEN) as of Q1 2019, up from 188 in Q4 2018.
- Funds reported $4.5B of Penumbra stock for Q1 2019, up 30% quarter-over-quarter.
- 33 funds opened new Penumbra positions in Q1 2019 and 23 closed out, a net change of +10 holders.
- The largest Penumbra buyer in Q1 2019 was Morgan Stanley, an estimated $208M added.
- The largest Penumbra seller in Q1 2019 was 1832 Asset Management, an estimated $46.3M sold.
Based on aggregated 13F filings for Q1 2019.