Pennant Group
PNTG
131 hedge funds and large institutions have $349M invested in Pennant Group in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 24 closing their positions.
522% more call options, than puts
Call options by funds: $230K | Put options by funds: $37K
32% more capital invested
Capital invested by funds: $265M → $349M (+$84.3M)
19% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 42
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
1.91% less ownership
Funds ownership: 84.21% → 82.3% (-1.9%)
3% less funds holding
Funds holding: 135 → 131 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.77M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$5.31M |
| 3 |
EP
Eversept Partners
New York
|
+$5.29M |
| 4 |
D.E. Shaw & Co
New York
|
+$5.15M |
| 5 |
Goldman Sachs
New York
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$33.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$8.79M |
| 3 |
State Street
Boston,
Massachusetts
|
-$5.73M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.42M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.06M |
PNTG Hedge Fund Activity: Q1 2023 in Review
131 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q1 2023, worth a combined $349M — up 32% from $265M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PNTG and 22 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 50 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $5.77M. The largest seller was BlackRock, cutting an estimated $33.8M.
- 131 institutional investors held Pennant Group (PNTG) as of Q1 2023, down from 135 in Q4 2022.
- Funds reported $349M of Pennant Group stock for Q1 2023, up 32% quarter-over-quarter.
- 22 funds opened new Pennant Group positions in Q1 2023 and 24 closed out, a net change of -2 holders.
- The largest Pennant Group buyer in Q1 2023 was Susquehanna International Group, an estimated $5.77M added.
- The largest Pennant Group seller in Q1 2023 was BlackRock, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2023.