Penguin Solutions Inc
PENG
211 hedge funds and large institutions have $1.47B invested in Penguin Solutions Inc in 2024 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 69 increasing their positions, 63 reducing their positions, and 25 closing their positions.
359% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $3.18M
120% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 25
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $1.06B → $1.47B (+$410M)
16% more funds holding
Funds holding: 182 → 211 (+29)
10% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 63
0.37% less ownership
Funds ownership: 107.81% → 107.45% (-0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$59.3M |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$15.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.3M |
| 4 |
HAM
Honeycomb Asset Management
New York
|
+$10.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.9M |
| 2 |
Morgan Stanley
New York
|
-$32.4M |
| 3 |
ClearBridge Investments
New York
|
-$19.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Point72 Asset Management
Stamford,
Connecticut
| – | -$96.5K | -5,100 | Closed |
|
227
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
| – | -$89K | -4,700 | Closed |
|
|
PHK
228
Point72 Hong Kong
Hong Kong
| – | -$66.3K | -3,500 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15.1K | -800 | Closed |
|
|
HT
230
Headlands Technologies
Chicago,
Illinois
| – | -$11.5K | -607 | Closed |
|
|
ASN
231
Advisory Services Network
Atlanta,
Georgia
| – | -$9.99K | -528 | Closed |
|
|
WTC
232
WhitTier Trust Company
Reno,
Nevada
| – | -$5.32K | -281 | Closed |
|
|
PMEF
233
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$1.06K | -56 | Closed |
|
|
GWS
234
Glassman Wealth Services
Vienna,
Virginia
| – | -$833 | -44 | Closed |
|
|
TWP
235
TFO Wealth Partners
Maumee,
Ohio
| – | -$246 | -13 | Closed |
|
PENG Hedge Fund Activity: Q1 2024 in Review
211 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q1 2024, worth a combined $1.47B — up 39% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PENG positions and 25 closed out — a net gain of 30 holders — while 69 added to existing stakes and 63 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $59.3M. The largest seller was Ameriprise, cutting an estimated $98.9M.
- 211 institutional investors held Penguin Solutions Inc (PENG) as of Q1 2024, up from 182 in Q4 2023.
- Funds reported $1.47B of Penguin Solutions Inc stock for Q1 2024, up 39% quarter-over-quarter.
- 55 funds opened new Penguin Solutions Inc positions in Q1 2024 and 25 closed out, a net change of +30 holders.
- The largest Penguin Solutions Inc buyer in Q1 2024 was Pacer Advisors, an estimated $59.3M added.
- The largest Penguin Solutions Inc seller in Q1 2024 was Ameriprise, an estimated $98.9M sold.
Based on aggregated 13F filings for Q1 2024.