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Pennant Group

144 hedge funds and large institutions have $866M invested in Pennant Group in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 33 increasing their positions, 52 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

48,633% more call options, than puts

Call options by funds: $1.46M | Put options by funds: $3K

289% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 9

69% more capital invested

Capital invested by funds: $513M → $866M (+$353M)

22% more funds holding

Funds holding: 118144 (+26)

0.79% less ownership

Funds ownership: 81.38%80.59% (-0.79%)

37% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 52

Holders
144
Holders Change
+26
Holders Change %
+22.03%
% of All Funds
2.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
35
Increased
33
Reduced
52
Closed
9
Calls
$1.46M
Puts
$3K
Net Calls
+$1.46M
Net Calls Change
+$1.04M
Name Holding Trade Value Shares
Change
Change in
Stake
KBC Group
76
KBC Group
Belgium
$614K -$235K -7,666 -32%
PC
77
Polar Capital
United Kingdom
$605K +$481K +15,700 New
Deutsche Bank
78
Deutsche Bank
Germany
$603K +$25.8K +842 +6%
CS
79
Credit Suisse
Switzerland
$592K -$38.9K -1,268 -8%
Hudson Bay Capital Management
80
Hudson Bay Capital Management
Connecticut
$578K +$460K +15,000 New
Manulife (Manufacturers Life Insurance)
81
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$572K -$23.7K -775 -5%
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$561K
VOYA Investment Management
83
VOYA Investment Management
Georgia
$561K +$167K +5,444 +60%
Royal Bank of Canada
84
Royal Bank of Canada
Ontario, Canada
$560K +$131K +4,270 +42%
CSS
85
Cubist Systematic Strategies
Connecticut
$551K +$438K +14,289 New
State of Tennessee, Department of Treasury
86
State of Tennessee, Department of Treasury
Tennessee
$546K +$14.9K +486 +4%
ECM
87
Endurant Capital Management
California
$528K +$420K +13,699 New
Victory Capital Management
88
Victory Capital Management
Texas
$516K -$206K -6,708 -33%
SI
89
Stephens Inc
Arkansas
$461K +$366K +11,947 New
LSERS
90
Louisiana State Employees Retirement System
Louisiana
$451K +$359K +11,700 New
MIM
91
MetLife Investment Management
New Jersey
$438K
PPCM
92
Pillar Pacific Capital Management
California
$393K +$313K +10,200 New
OPERF
93
Oregon Public Employees Retirement Fund
Oregon
$392K -$12.3K -400 -4%
AG
94
Aperio Group
California
$388K +$8.55K +279 +3%
CCM
95
Cadence Capital Management
Massachusetts
$377K +$300K +9,783 New
Envestnet Asset Management
96
Envestnet Asset Management
Illinois
$370K +$294K +9,585 New
MSA
97
Mason Street Advisors
Wisconsin
$364K -$12.3K -401 -4%
Stifel Financial
98
Stifel Financial
Missouri
$352K +$280K +9,139 New
CGH
99
Crossmark Global Holdings
Texas
$312K +$248K +8,095 New
Jane Street
100
Jane Street
New York
$309K +$246K +8,030 New

PNTG Hedge Fund Activity: Q3 2020 in Review

144 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q3 2020, worth a combined $866M — up 69% from $513M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PNTG positions and 9 closed out — a net gain of 26 holders — while 33 added to existing stakes and 52 trimmed.

The largest buyer was Riverbridge Partners, opening a new position worth an estimated $17.8M. The largest seller was American Century Companies, cutting an estimated $10.1M.

  • 144 institutional investors held Pennant Group (PNTG) as of Q3 2020, up from 118 in Q2 2020.
  • Funds reported $866M of Pennant Group stock for Q3 2020, up 69% quarter-over-quarter.
  • 35 funds opened new Pennant Group positions in Q3 2020 and 9 closed out, a net change of +26 holders.
  • The largest Pennant Group buyer in Q3 2020 was Riverbridge Partners, an estimated $17.8M added.
  • The largest Pennant Group seller in Q3 2020 was American Century Companies, an estimated $10.1M sold.

Based on aggregated 13F filings for Q3 2020.