Penumbra
339 hedge funds and large institutions have $8.68B invested in Penumbra in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 115 increasing their positions, 120 reducing their positions, and 34 closing their positions.
88% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 34
8% more capital invested
Capital invested by funds: $8.01B → $8.68B (+$670M)
8% more funds holding
Funds holding: 315 → 339 (+24)
3.42% more ownership
Funds ownership: 85.98% → 89.4% (+3.4%)
4% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 120
6% less call options, than puts
Call options by funds: $184M | Put options by funds: $196M
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 |
B
Braidwell
Stamford,
Connecticut
|
+$28.2M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$25.3M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$19.2M |
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
339 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q4 2023, worth a combined $8.68B — up 8.4% 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 115 added to existing stakes and 120 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $252M. The largest seller was BlackRock, cutting an estimated $57.5M.
- 339 institutional investors held Penumbra (PEN) as of Q4 2023, up from 315 in Q3 2023.
- Funds reported $8.68B of Penumbra stock for Q4 2023, up 8.4% 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.