Penguin Solutions Inc
PENG
139 hedge funds and large institutions have $432M invested in Penguin Solutions Inc in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 59 increasing their positions, 22 reducing their positions, and 37 closing their positions.
168% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 22
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
1% more funds holding
Funds holding: 137 → 139 (+2)
3.86% less ownership
Funds ownership: 200.33% → 196.48% (-3.9%)
36% less capital invested
Capital invested by funds: $678M → $432M (-$246M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
90% less call options, than puts
Call options by funds: $895K | Put options by funds: $9.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.13M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.07M |
| 5 |
BlackRock
New York
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$59.4M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$8.13M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.91M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$5.14M |
PENG Hedge Fund Activity: Q1 2019 in Review
139 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Penguin Solutions Inc (PENG) for Q1 2019, worth a combined $432M — down 36% from $678M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PENG positions and 37 closed out — a net gain of 5 holders — while 59 added to existing stakes and 22 trimmed.
The largest buyer was Ameriprise, adding an estimated $10.5M. The largest seller was Park West Asset Management, exiting entirely with an estimated $59.4M sold.
- 139 institutional investors held Penguin Solutions Inc (PENG) as of Q1 2019, up from 137 in Q4 2018.
- Funds reported $432M of Penguin Solutions Inc stock for Q1 2019, down 36% quarter-over-quarter.
- 42 funds opened new Penguin Solutions Inc positions in Q1 2019 and 37 closed out, a net change of +5 holders.
- The largest Penguin Solutions Inc buyer in Q1 2019 was Ameriprise, an estimated $10.5M added.
- The largest Penguin Solutions Inc seller in Q1 2019 was Park West Asset Management, an estimated $59.4M sold.
Based on aggregated 13F filings for Q1 2019.