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Pennant Group

119 hedge funds and large institutions have $326M invested in Pennant Group in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more call options, than puts

Call options by funds: $320K | Put options by funds: $161K

1.21% more ownership

Funds ownership: 81.29%82.5% (+1.2%)

9% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 47

20% less funds holding

Funds holding: 148119 (-29)

56% less capital invested

Capital invested by funds: $748M → $326M (-$423M)

79% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 34

Holders
119
Holders Change
-29
Holders Change %
-19.59%
% of All Funds
2.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
43
Reduced
47
Closed
34
Calls
$320K
Puts
$161K
Net Calls
+$159K
Net Calls Change
-$439K
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
51
SEI Investments
Pennsylvania
$431K +$437K +17,239 +131%
WG
52
Winton Group
United Kingdom
$411K -$108K -4,274 -13%
Royal Bank of Canada
53
Royal Bank of Canada
Ontario, Canada
$382K +$604K +23,830 +743%
SOADOR
54
State of Alaska Department of Revenue
Alaska
$343K +$114K +4,520 +23%
Ensign Peak Advisors
55
Ensign Peak Advisors
Utah
$342K +$22.8K +900 +4%
New York State Teachers Retirement System (NYSTRS)
56
New York State Teachers Retirement System (NYSTRS)
New York
$328K -$36.9K -1,458 -6%
TPSF
57
Texas Permanent School Fund
Texas
$315K +$109K +4,306 +24%
DADC
58
D.A. Davidson & Co
Montana
$311K +$5.39K +213 +1%
Thrivent Financial for Lutherans
59
Thrivent Financial for Lutherans
Minnesota
$311K +$27.7K +1,095 +5%
PCMI
60
Paradigm Capital Management Inc
New York
$290K -$127K -5,000 -20%
Bank of America
61
Bank of America
North Carolina
$283K +$87.8K +3,465 +21%
Arrowstreet Capital
62
Arrowstreet Capital
Massachusetts
$265K +$474K +18,709 New
AWM
63
AE Wealth Management
Kansas
$259K -$35K -1,383 -7%
EAM
64
EULAV Asset Management
Florida
$259K
SS
65
Simplicity Solutions
Minnesota
$252K -$33.7K -1,329 -7%
AIG
66
American International Group
New York
$248K -$21.9K -866 -5%
Creative Planning
67
Creative Planning
Kansas
$248K
Janus Henderson Group
68
Janus Henderson Group
United Kingdom
$242K -$157K -6,193 -27%
Manulife (Manufacturers Life Insurance)
69
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$232K +$27.2K +1,075 +7%
CS
70
Credit Suisse
Switzerland
$222K -$12.5K -492 -3%
ZCM
71
Ziegler Capital Management
Illinois
$218K +$390K +15,398 New
OAM
72
Oppenheimer Asset Management
New York
$212K +$90K +3,554 +31%
Citigroup
73
Citigroup
New York
$207K +$42.4K +1,676 +13%
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$206K
Allianz Asset Management
75
Allianz Asset Management
Germany
$191K -$860K -33,938 -72%

PNTG Hedge Fund Activity: Q1 2020 in Review

119 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q1 2020, worth a combined $326M — down 56% from $748M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of PNTG and 7 opened new positions — a net loss of 27 holders — while 47 trimmed existing stakes and 43 added.

The largest buyer was Wasatch Advisors, adding an estimated $35M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $6.16M sold.

  • 119 institutional investors held Pennant Group (PNTG) as of Q1 2020, down from 148 in Q4 2019.
  • Funds reported $326M of Pennant Group stock for Q1 2020, down 56% quarter-over-quarter.
  • 7 funds opened new Pennant Group positions in Q1 2020 and 34 closed out, a net change of -27 holders.
  • The largest Pennant Group buyer in Q1 2020 was Wasatch Advisors, an estimated $35M added.
  • The largest Pennant Group seller in Q1 2020 was Granahan Investment Management, an estimated $6.16M sold.

Based on aggregated 13F filings for Q1 2020.