Penumbra
338 hedge funds and large institutions have $8.76B invested in Penumbra in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 114 increasing their positions, 122 reducing their positions, and 34 closing their positions.
88% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 34
9% more capital invested
Capital invested by funds: $8.01B → $8.76B (+$746M)
8% more funds holding
Funds holding: 314 → 338 (+24)
4.2% more ownership
Funds ownership: 85.98% → 90.19% (+4.2%)
6% less call options, than puts
Call options by funds: $184M | Put options by funds: $196M
7% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 122
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$252M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
| 3 |
Morgan Stanley
New York
|
+$83.2M |
| 4 |
B
Braidwell
Stamford,
Connecticut
|
+$28.2M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$57.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$38.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$34.7M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$30.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$23.8M |
PEN Hedge Fund Activity: Q4 2023 in Review
338 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q4 2023, worth a combined $8.76B — up 9.3% from $8.01B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new PEN positions and 34 closed out — a net gain of 30 holders — while 114 added to existing stakes and 122 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $252M. The largest seller was BlackRock, cutting an estimated $57.5M.
- 338 institutional investors held Penumbra (PEN) as of Q4 2023, up from 314 in Q3 2023.
- Funds reported $8.76B of Penumbra stock for Q4 2023, up 9.3% quarter-over-quarter.
- 64 funds opened new Penumbra positions in Q4 2023 and 34 closed out, a net change of +30 holders.
- The largest Penumbra buyer in Q4 2023 was T. Rowe Price Associates, an estimated $252M added.
- The largest Penumbra seller in Q4 2023 was BlackRock, an estimated $57.5M sold.
Based on aggregated 13F filings for Q4 2023.