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Pennant Group

151 hedge funds and large institutions have $601M invested in Pennant Group in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 49 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

41% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 17

16% more capital invested

Capital invested by funds: $518M → $601M (+$82.9M)

12% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 49

3% more funds holding

Funds holding: 146151 (+5)

0.03% less ownership

Funds ownership: 86.28%86.25% (-0.03%)

63% less call options, than puts

Call options by funds: $178K | Put options by funds: $480K

Holders
151
Holders Change
+5
Holders Change %
+3.42%
% of All Funds
2.18%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
24
Increased
55
Reduced
49
Closed
17
Calls
$178K
Puts
$480K
Net Calls
-$302K
Net Calls Change
-$2.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$5.56M +$148K +6,775 +3%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$4.89M +$3.04M +138,760 +193%
Russell Investments Group
28
Russell Investments Group
United Kingdom
$4.86M -$2.53M -115,477 -36%
RHJA
29
Rice Hall James & Associates
California
$4.47M -$1.05M -47,834 -20%
GS
30
Gagnon Securities
New York
$4.2M -$79.8K -3,642 -2%
GPGA
31
Grandeur Peak Global Advisors
Utah
$3.83M +$1.13M +51,693 +46%
SEI Investments
32
SEI Investments
Pennsylvania
$3.13M -$20.9K -954 -0.7%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$3.02M +$266K +12,141 +10%
JP Morgan Chase
34
JP Morgan Chase
New York
$2.84M +$857K +39,129 +47%
CAM
35
ClariVest Asset Management
California
$2.29M +$236K +10,791 +12%
T. Rowe Price Associates
36
T. Rowe Price Associates
Maryland
$2.17M -$800K -36,503 -28%
Bank of America
37
Bank of America
North Carolina
$2.14M -$180K -8,235 -8%
Two Sigma Advisers
38
Two Sigma Advisers
New York
$2.05M -$408K -18,600 -17%
Two Sigma Investments
39
Two Sigma Investments
New York
$1.87M +$121K +5,502 +7%
VBA
40
Van Berkom & Associates
Quebec, Canada
$1.81M -$524K -23,934 -23%
AG
41
Algert Global
California
$1.74M -$64.4K -2,939 -4%
Millennium Management
42
Millennium Management
New York
$1.68M -$3.93M -179,128 -71%
IECM
43
Intrinsic Edge Capital Management
Illinois
$1.63M +$1.54M +70,441 New
Tudor Investment Corp
44
Tudor Investment Corp
Connecticut
$1.62M +$1.22M +55,710 +397%
Deutsche Bank
45
Deutsche Bank
Germany
$1.59M +$16.2K +740 +1%
UBS AM
46
UBS AM
Illinois
$1.56M +$657K +29,991 +81%
Allianz Asset Management
47
Allianz Asset Management
Germany
$1.53M -$13K -594 -0.9%
Invesco
48
Invesco
Georgia
$1.44M -$760K -34,700 -36%
Los Angeles Capital Management
49
Los Angeles Capital Management
California
$1.43M -$145K -6,600 -10%
EI
50
EAM Investors
California
$1.4M +$15K +684 +1%

PNTG Hedge Fund Activity: Q2 2024 in Review

151 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q2 2024, worth a combined $601M — up 16% from $518M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PNTG positions and 17 closed out — a net gain of 7 holders — while 55 added to existing stakes and 49 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $36.6M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $19M.

  • 151 institutional investors held Pennant Group (PNTG) as of Q2 2024, up from 146 in Q1 2024.
  • Funds reported $601M of Pennant Group stock for Q2 2024, up 16% quarter-over-quarter.
  • 24 funds opened new Pennant Group positions in Q2 2024 and 17 closed out, a net change of +7 holders.
  • The largest Pennant Group buyer in Q2 2024 was Fidelity Investments, an estimated $36.6M added.
  • The largest Pennant Group seller in Q2 2024 was T. Rowe Price Investment Management, an estimated $19M sold.

Based on aggregated 13F filings for Q2 2024.