Penguin Solutions Inc
PENG
61 hedge funds and large institutions have $534M invested in Penguin Solutions Inc in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 8 closing their positions.
450% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 8
144% more funds holding
Funds holding: 25 → 61 (+36)
73% more capital invested
Capital invested by funds: $309M → $534M (+$225M)
8.07% more ownership
Funds ownership: 184.83% → 192.9% (+8.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.03M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$4.77M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.27M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$12.6M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$5.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.6M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$1.74M |
PENG Hedge Fund Activity: Q3 2017 in Review
61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q3 2017, worth a combined $534M — up 73% from $309M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PENG positions and 8 closed out — a net gain of 36 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $19.8M. The largest seller was Fidelity Investments, exiting entirely with an estimated $13.6M sold.
- 61 institutional investors held Penguin Solutions Inc (PENG) as of Q3 2017, up from 25 in Q2 2017.
- Funds reported $534M of Penguin Solutions Inc stock for Q3 2017, up 73% quarter-over-quarter.
- 44 funds opened new Penguin Solutions Inc positions in Q3 2017 and 8 closed out, a net change of +36 holders.
- The largest Penguin Solutions Inc buyer in Q3 2017 was BlackRock, an estimated $19.8M added.
- The largest Penguin Solutions Inc seller in Q3 2017 was Fidelity Investments, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2017.