Penguin Solutions Inc
PENG
195 hedge funds and large institutions have $1.18B invested in Penguin Solutions Inc in 2024 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 79 increasing their positions, 61 reducing their positions, and 38 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 61
0.07% less ownership
Funds ownership: 106.71% → 106.64% (-0.07%)
5% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 38
2% less funds holding
Funds holding: 198 → 195 (-3)
7% less capital invested
Capital invested by funds: $1.28B → $1.18B (-$94.2M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less call options, than puts
Call options by funds: $4.46M | Put options by funds: $6.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$49.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$9.08M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.08M |
| 4 |
CC
Crosslink Capital
Menlo Park,
California
|
+$8.01M |
| 5 |
Barclays
London,
United Kingdom
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$12.2M |
| 3 |
First Eagle Investment Management
New York
|
-$10.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$10.5M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
226
Point72 Asia (Singapore)
Singapore
| – | -$100K | -4,384 | Closed |
|
|
MIFH
227
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$46K | -2,049 | Closed |
|
|
CFM
228
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$34.3K | -1,500 | Closed |
|
229
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$12K | -500 | Closed |
|
|
RWMG
230
Redwood Wealth Management Group
Medford,
New Jersey
| – | -$1.42K | -62 | Closed |
|
|
WIA
231
Wetzel Investment Advisors
Indianapolis,
Indiana
| – | -$579 | -22 | Closed |
|
|
AWM
232
Abound Wealth Management
Franklin,
Tennessee
| – | -$229 | -10 | Closed |
|
|
GI
233
Gradient Investments
Arden Hills,
Minnesota
| – | -$137 | -6 | Closed |
|
PENG Hedge Fund Activity: Q3 2024 in Review
195 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q3 2024, worth a combined $1.18B — down 7.4% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PENG and 36 opened new positions — a net loss of 2 holders — while 61 trimmed existing stakes and 79 added.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $49.2M. The largest seller was Bank of America, cutting an estimated $16.4M.
- 195 institutional investors held Penguin Solutions Inc (PENG) as of Q3 2024, down from 198 in Q2 2024.
- Funds reported $1.18B of Penguin Solutions Inc stock for Q3 2024, down 7.4% quarter-over-quarter.
- 36 funds opened new Penguin Solutions Inc positions in Q3 2024 and 38 closed out, a net change of -2 holders.
- The largest Penguin Solutions Inc buyer in Q3 2024 was Pacer Advisors, an estimated $49.2M added.
- The largest Penguin Solutions Inc seller in Q3 2024 was Bank of America, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2024.