Penguin Solutions Inc
PENG
127 hedge funds and large institutions have $586M invested in Penguin Solutions Inc in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 32 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
84% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 32
14.01% more ownership
Funds ownership: 187.03% → 201.04% (+14%)
12% less funds holding
Funds holding: 145 → 127 (-18)
31% less capital invested
Capital invested by funds: $845M → $586M (-$259M)
44% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 36
82% less call options, than puts
Call options by funds: $432K | Put options by funds: $2.46M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.6M |
| 3 |
CC
Crosslink Capital
Menlo Park,
California
|
+$10.1M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$7.64M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.06M |
Top Sellers
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$16.2M |
| 2 |
Millennium Management
New York
|
-$6.24M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$4.58M |
| 4 |
Two Sigma Investments
New York
|
-$4.54M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FQ
151
First Quadrant
Glendale,
California
| – | -$99K | -5,222 | Closed |
|
|
NIT
152
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$61K | -3,200 | Closed |
|
|
PHK
153
Point72 Hong Kong
Hong Kong
| – | -$49K | -2,558 | Closed |
|
|
PAM
154
Panagora Asset Management
Boston,
Massachusetts
| – | -$11K | -576 | Closed |
|
155
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -570 | Closed |
|
|
SBL
156
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$4K | -200 | Closed |
|
|
AIC
157
Archer Investment Corporation
Carmel,
Indiana
| – | -$1K | -40 | Closed |
|
|
FGAM
158
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$38K | -22 | Closed |
|
|
HGWM
159
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$527 | +36 | New |
|
|
QCG
160
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$556 | +38 | New |
|
|
TFO
161
Tarbox Family Office
Newport Beach,
California
| – | +$556 | +38 | New |
|
PENG Hedge Fund Activity: Q1 2020 in Review
127 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q1 2020, worth a combined $586M — down 31% from $845M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PENG and 20 opened new positions — a net loss of 16 holders — while 32 trimmed existing stakes and 59 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $49.8M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $16.2M sold.
- 127 institutional investors held Penguin Solutions Inc (PENG) as of Q1 2020, down from 145 in Q4 2019.
- Funds reported $586M of Penguin Solutions Inc stock for Q1 2020, down 31% quarter-over-quarter.
- 20 funds opened new Penguin Solutions Inc positions in Q1 2020 and 36 closed out, a net change of -16 holders.
- The largest Penguin Solutions Inc buyer in Q1 2020 was Fidelity Investments, an estimated $49.8M added.
- The largest Penguin Solutions Inc seller in Q1 2020 was Driehaus Capital Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2020.