Penumbra
363 hedge funds and large institutions have $11.8B invested in Penumbra in 2023 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 95 increasing their positions, 126 reducing their positions, and 34 closing their positions.
409% more call options, than puts
Call options by funds: $185M | Put options by funds: $36.3M
153% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 34
21% more capital invested
Capital invested by funds: $9.74B → $11.8B (+$2.03B)
17% more funds holding
Funds holding: 311 → 363 (+52)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.72% less ownership
Funds ownership: 92.23% → 89.52% (-2.7%)
25% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$109M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$71.1M |
| 3 |
Goldman Sachs
New York
|
+$64.6M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$37.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$175M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$131M |
| 3 |
BlackRock
New York
|
-$93.7M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$83M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$75.8M |
PEN Hedge Fund Activity: Q2 2023 in Review
363 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q2 2023, worth a combined $11.8B — up 21% from $9.74B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PEN positions and 34 closed out — a net gain of 52 holders — while 95 added to existing stakes and 126 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $109M. The largest seller was Fidelity Investments, cutting an estimated $175M.
- 363 institutional investors held Penumbra (PEN) as of Q2 2023, up from 311 in Q1 2023.
- Funds reported $11.8B of Penumbra stock for Q2 2023, up 21% quarter-over-quarter.
- 86 funds opened new Penumbra positions in Q2 2023 and 34 closed out, a net change of +52 holders.
- The largest Penumbra buyer in Q2 2023 was Eagle Asset Management, an estimated $109M added.
- The largest Penumbra seller in Q2 2023 was Fidelity Investments, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2023.