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Penumbra

341 hedge funds and large institutions have $6.4B invested in Penumbra in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 136 increasing their positions, 105 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 105

11% more call options, than puts

Call options by funds: $82.5M | Put options by funds: $74.1M

4.57% more ownership

Funds ownership: 87.13%91.7% (+4.6%)

5% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 57

0% more funds holding

Funds holding: 341341 (0)

15% less capital invested

Capital invested by funds: $7.52B → $6.4B (-$1.13B)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
341
Holders Change
Holders Change %
0%
% of All Funds
4.92%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
60
Increased
136
Reduced
105
Closed
57
Calls
$82.5M
Puts
$74.1M
Net Calls
+$8.44M
Net Calls Change
+$45.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.04B -$6.1M -30,575 -0.5%
BlackRock
2
BlackRock
New York
$766M +$38.7M +193,910 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$665M +$1.08M +5,400 +0.1%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$545M -$49.9K -250 -0%
CIP
5
Champlain Investment Partners
Vermont
$231M +$39.8M +199,255 +18%
State Street
6
State Street
Massachusetts
$222M +$5.69M +28,481 +2%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$148M -$1.74M -8,724 -1%
ClearBridge Investments
8
ClearBridge Investments
New York
$139M -$2.53M -12,675 -2%
RI
9
RTW Investments
New York
$134M +$13.2M +66,217 +10%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$116M +$5.68M +28,466 +5%
CAM
11
Congress Asset Management
Massachusetts
$116M +$123M +617,355 +2,323%
Baillie Gifford & Co
12
Baillie Gifford & Co
United Kingdom
$111M -$3.88M -19,456 -3%
Capital World Investors
13
Capital World Investors
California
$98.1M +$343K +1,719 +0.3%
Goldman Sachs
14
Goldman Sachs
New York
$87.3M +$79.6M +398,620 +461%
T. Rowe Price Investment Management
15
T. Rowe Price Investment Management
Maryland
$66M +$54.1M +270,928 +284%
Artisan Partners
16
Artisan Partners
Wisconsin
$63M +$42.1M +210,790 +152%
Norges Bank
17
Norges Bank
Norway
$62.1M +$10.5M +52,445 +18%
Morgan Stanley
18
Morgan Stanley
New York
$61.2M -$9.78M -48,994 -13%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$58.9M +$961K +4,814 +1%
EAM
20
Eagle Asset Management
Florida
$58.1M -$3.52M -17,619 -5%
JP Morgan Chase
21
JP Morgan Chase
New York
$56.7M +$42.4M +212,345 +207%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$54M +$25.6M +128,161 +75%
Franklin Resources
23
Franklin Resources
California
$53.1M +$5.88M +29,475 +11%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$52.8M +$7.66M +38,387 +15%
BG
25
Bellevue Group
Switzerland
$50.8M +$20.1M +100,891 +56%

PEN Hedge Fund Activity: Q2 2024 in Review

341 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Penumbra (PEN) for Q2 2024, worth a combined $6.4B — down 15% from $7.52B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new PEN positions and 57 closed out — a net gain of 3 holders — while 136 added to existing stakes and 105 trimmed.

The largest buyer was Congress Asset Management, adding an estimated $123M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $252M sold.

  • 341 institutional investors held Penumbra (PEN) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $6.4B of Penumbra stock for Q2 2024, down 15% quarter-over-quarter.
  • 60 funds opened new Penumbra positions in Q2 2024 and 57 closed out, a net change of +3 holders.
  • The largest Penumbra buyer in Q2 2024 was Congress Asset Management, an estimated $123M added.
  • The largest Penumbra seller in Q2 2024 was Capital Research Global Investors, an estimated $252M sold.

Based on aggregated 13F filings for Q2 2024.