Penumbra
341 hedge funds and large institutions have $7.52B invested in Penumbra in 2024 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 138 increasing their positions, 106 reducing their positions, and 42 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 106
12% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 42
1% more funds holding
Funds holding: 338 → 341 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.06% less ownership
Funds ownership: 90.19% → 87.13% (-3.1%)
14% less capital invested
Capital invested by funds: $8.76B → $7.52B (-$1.23B)
24% less call options, than puts
Call options by funds: $121M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$152M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$42.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$25.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$382M |
| 2 |
Morgan Stanley
New York
|
-$84.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$78M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.5M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$19M |
PEN Hedge Fund Activity: Q1 2024 in Review
341 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q1 2024, worth a combined $7.52B — down 14% from $8.76B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PEN positions and 42 closed out — a net gain of 5 holders — while 138 added to existing stakes and 106 trimmed.
The largest buyer was Champlain Investment Partners, adding an estimated $152M. The largest seller was Capital Research Global Investors, cutting an estimated $382M.
- 341 institutional investors held Penumbra (PEN) as of Q1 2024, up from 338 in Q4 2023.
- Funds reported $7.52B of Penumbra stock for Q1 2024, down 14% quarter-over-quarter.
- 47 funds opened new Penumbra positions in Q1 2024 and 42 closed out, a net change of +5 holders.
- The largest Penumbra buyer in Q1 2024 was Champlain Investment Partners, an estimated $152M added.
- The largest Penumbra seller in Q1 2024 was Capital Research Global Investors, an estimated $382M sold.
Based on aggregated 13F filings for Q1 2024.