Penguin Solutions Inc
PENG
198 hedge funds and large institutions have $1.28B invested in Penguin Solutions Inc in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 87 increasing their positions, 63 reducing their positions, and 42 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 63
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.74% less ownership
Funds ownership: 107.45% → 106.71% (-0.74%)
6% less funds holding
Funds holding: 211 → 198 (-13)
13% less capital invested
Capital invested by funds: $1.47B → $1.28B (-$192M)
23% less call options, than puts
Call options by funds: $7.02M | Put options by funds: $9.17M
24% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.5M |
| 2 |
CC
Crosslink Capital
Menlo Park,
California
|
+$18.4M |
| 3 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$16.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$8.39M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$71.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$18.5M |
| 3 |
HAM
Honeycomb Asset Management
New York
|
-$13.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$12.3M |
| 5 |
Morgan Stanley
New York
|
-$11.8M |
PENG Hedge Fund Activity: Q2 2024 in Review
198 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q2 2024, worth a combined $1.28B — down 13% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PENG and 32 opened new positions — a net loss of 10 holders — while 63 trimmed existing stakes and 87 added.
The largest buyer was Fidelity Investments, adding an estimated $26.5M. The largest seller was Pacer Advisors, exiting entirely with an estimated $71.4M sold.
- 198 institutional investors held Penguin Solutions Inc (PENG) as of Q2 2024, down from 211 in Q1 2024.
- Funds reported $1.28B of Penguin Solutions Inc stock for Q2 2024, down 13% quarter-over-quarter.
- 32 funds opened new Penguin Solutions Inc positions in Q2 2024 and 42 closed out, a net change of -10 holders.
- The largest Penguin Solutions Inc buyer in Q2 2024 was Fidelity Investments, an estimated $26.5M added.
- The largest Penguin Solutions Inc seller in Q2 2024 was Pacer Advisors, an estimated $71.4M sold.
Based on aggregated 13F filings for Q2 2024.