Penguin Solutions Inc
PENG
183 hedge funds and large institutions have $1.32B invested in Penguin Solutions Inc in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 74 reducing their positions, and 34 closing their positions.
1,179% more call options, than puts
Call options by funds: $32.7M | Put options by funds: $2.56M
0.33% less ownership
Funds ownership: 108.69% → 108.36% (-0.33%)
6% less funds holding
Funds holding: 194 → 183 (-11)
15% less capital invested
Capital invested by funds: $1.55B → $1.32B (-$226M)
18% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 74
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$27.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$16.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.2M |
| 5 |
CM
CastleKnight Management
New York
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Crosslink Capital
Menlo Park,
California
|
-$19M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$13.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.9M |
| 4 |
Morgan Stanley
New York
|
-$8.03M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$7.25M |
PENG Hedge Fund Activity: Q3 2023 in Review
183 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q3 2023, worth a combined $1.32B — down 15% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PENG and 23 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 61 added.
The largest buyer was AllianceBernstein, adding an estimated $27.5M. The largest seller was Crosslink Capital, cutting an estimated $19M.
- 183 institutional investors held Penguin Solutions Inc (PENG) as of Q3 2023, down from 194 in Q2 2023.
- Funds reported $1.32B of Penguin Solutions Inc stock for Q3 2023, down 15% quarter-over-quarter.
- 23 funds opened new Penguin Solutions Inc positions in Q3 2023 and 34 closed out, a net change of -11 holders.
- The largest Penguin Solutions Inc buyer in Q3 2023 was AllianceBernstein, an estimated $27.5M added.
- The largest Penguin Solutions Inc seller in Q3 2023 was Crosslink Capital, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2023.