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Penumbra

245 hedge funds and large institutions have $4.81B invested in Penumbra in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more call options, than puts

Call options by funds: $33.5M | Put options by funds: $17.2M

5% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 86

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less capital invested

Capital invested by funds: $4.94B → $4.81B (-$130M)

6% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 35

1.07% less ownership

Funds ownership: 86.17%85.1% (-1.1%)

2% less funds holding

Funds holding: 251245 (-6)

Holders
245
Holders Change
-6
Holders Change %
-2.39%
% of All Funds
5.4%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
33
Increased
90
Reduced
86
Closed
35
Calls
$33.5M
Puts
$17.2M
Net Calls
+$16.3M
Net Calls Change
+$24.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$848M +$3.49M +20,711 +0.4%
BlackRock
2
BlackRock
New York
$501M +$1.94M +11,544 +0.4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$470M -$966K -5,736 -0.2%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$204M +$8.09M +48,046 +4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$180M +$23.6M +139,901 +14%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$171M +$23M +136,795 +15%
ClearBridge Investments
7
ClearBridge Investments
New York
$164M -$7.76M -46,062 -4%
Baillie Gifford & Co
8
Baillie Gifford & Co
United Kingdom
$155M -$2.43M -14,406 -1%
State Street
9
State Street
Massachusetts
$129M -$1.67M -9,906 -1%
AllianceBernstein
10
AllianceBernstein
Tennessee
$128M -$15.9M -94,278 -11%
GIM
11
Generation Investment Management
United Kingdom
$116M +$52.1M +309,024 +75%
Invesco
12
Invesco
Georgia
$101M +$14.3M +85,123 +16%
Norges Bank
13
Norges Bank
Norway
$68.7M -$10.2M -60,714 -12%
Goldman Sachs
14
Goldman Sachs
New York
$67.1M +$26.2M +155,687 +60%
Morgan Stanley
15
Morgan Stanley
New York
$66.7M -$30M -178,037 -30%
Franklin Resources
16
Franklin Resources
California
$63.6M -$2.13M -12,633 -3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$57.1M +$2.16M +12,819 +4%
CIP
18
Champlain Investment Partners
Vermont
$52.4M +$9.27M +55,035 +20%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$52.3M -$394K -2,341 -0.7%
SIMG
20
Stephens Investment Management Group
Texas
$50.2M -$560K -3,322 -1%
AAM
21
Ardevora Asset Management
United Kingdom
$46.9M +$3.05M +18,100 +7%
Northern Trust
22
Northern Trust
Illinois
$44.8M +$1.46M +8,681 +3%
Capital World Investors
23
Capital World Investors
California
$42.8M
WRF
24
Waddell & Reed Financial
Kansas
$41.5M -$1.39M -8,277 -3%
Charles Schwab
25
Charles Schwab
California
$40.3M -$4.07M -24,152 -9%

PEN Hedge Fund Activity: Q1 2020 in Review

245 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2020, worth a combined $4.81B — down 2.6% from $4.94B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of PEN and 33 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 90 added.

The largest buyer was Generation Investment Management, adding an estimated $52.1M. The largest seller was PFM Health Sciences, cutting an estimated $50.6M.

  • 245 institutional investors held Penumbra (PEN) as of Q1 2020, down from 251 in Q4 2019.
  • Funds reported $4.81B of Penumbra stock for Q1 2020, down 2.6% quarter-over-quarter.
  • 33 funds opened new Penumbra positions in Q1 2020 and 35 closed out, a net change of -2 holders.
  • The largest Penumbra buyer in Q1 2020 was Generation Investment Management, an estimated $52.1M added.
  • The largest Penumbra seller in Q1 2020 was PFM Health Sciences, an estimated $50.6M sold.

Based on aggregated 13F filings for Q1 2020.