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Pennant Group

118 hedge funds and large institutions have $513M invested in Pennant Group in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more capital invested

Capital invested by funds: $326M → $513M (+$187M)

23% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 35

1% less funds holding

Funds holding: 119118 (-1)

1.12% less ownership

Funds ownership: 82.5%81.38% (-1.1%)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
118
Holders Change
-1
Holders Change %
-0.84%
% of All Funds
2.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
43
Reduced
35
Closed
9
Calls
$420K
Puts
Net Calls
+$420K
Net Calls Change
+$261K
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
51
Prudential Financial
New Jersey
$701K -$209K -9,960 -24%
BA
52
Bard Associates
Illinois
$701K
Comerica Bank
53
Comerica Bank
Texas
$610K +$46.8K +2,232 +9%
UBS AM
54
UBS AM
Illinois
$579K +$537K +25,609 New
SOADOR
55
State of Alaska Department of Revenue
Alaska
$559K +$9.64K +460 +2%
Ensign Peak Advisors
56
Ensign Peak Advisors
Utah
$546K
KBC Group
57
KBC Group
Belgium
$534K +$229K +10,927 +86%
Thrivent Financial for Lutherans
58
Thrivent Financial for Lutherans
Minnesota
$496K
Bank of America
59
Bank of America
North Carolina
$481K +$27.4K +1,309 +7%
TPSF
60
Texas Permanent School Fund
Texas
$468K -$31.1K -1,484 -7%
DADC
61
D.A. Davidson & Co
Montana
$465K -$28.3K -1,350 -6%
PCMI
62
Paradigm Capital Management Inc
New York
$463K
Victory Capital Management
63
Victory Capital Management
Texas
$454K -$493K -23,545 -54%
AIG
64
American International Group
New York
$415K +$18.6K +886 +5%
EAM
65
EULAV Asset Management
Florida
$414K
SG Americas Securities
66
SG Americas Securities
New York
$399K +$122K +5,821 +49%
Creative Planning
67
Creative Planning
Kansas
$395K
AWM
68
AE Wealth Management
Kansas
$386K -$25.1K -1,200 -7%
SS
69
Simplicity Solutions
Minnesota
$376K -$24.3K -1,160 -7%
CS
70
Credit Suisse
Switzerland
$375K +$19.8K +946 +6%
OAM
71
Oppenheimer Asset Management
New York
$359K +$18.8K +898 +6%
ZCM
72
Ziegler Capital Management
Illinois
$358K +$9.68K +462 +3%
Renaissance Technologies
73
Renaissance Technologies
New York
$353K -$571K -27,265 -64%
Manulife (Manufacturers Life Insurance)
74
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$349K -$16.5K -787 -5%
TRCT
75
Tower Research Capital (TRC)
New York
$339K +$305K +14,577 +3,530%

PNTG Hedge Fund Activity: Q2 2020 in Review

118 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q2 2020, worth a combined $513M — up 58% from $326M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PNTG and 8 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 43 added.

The largest buyer was American Century Companies, adding an estimated $3.63M. The largest seller was Bayberry Capital Partners, cutting an estimated $6.69M.

  • 118 institutional investors held Pennant Group (PNTG) as of Q2 2020, down from 119 in Q1 2020.
  • Funds reported $513M of Pennant Group stock for Q2 2020, up 58% quarter-over-quarter.
  • 8 funds opened new Pennant Group positions in Q2 2020 and 9 closed out, a net change of -1 holder.
  • The largest Pennant Group buyer in Q2 2020 was American Century Companies, an estimated $3.63M added.
  • The largest Pennant Group seller in Q2 2020 was Bayberry Capital Partners, an estimated $6.69M sold.

Based on aggregated 13F filings for Q2 2020.