Pennant Group
PNTG
165 hedge funds and large institutions have $1.15B invested in Pennant Group in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 61 reducing their positions, and 17 closing their positions.
327% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $330K
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
6% more funds holding
Funds holding: 156 → 165 (+9)
4.45% more ownership
Funds ownership: 84.36% → 88.81% (+4.5%)
17% less capital invested
Capital invested by funds: $1.39B → $1.15B (-$238M)
20% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 61
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Crewe Advisors
Salt Lake City,
Utah
|
+$58.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$11.6M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$10.9M |
| 4 |
BlackRock
New York
|
+$7.72M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$6.83M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.63M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.99M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.09M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$4.08M |
PNTG Hedge Fund Activity: Q1 2021 in Review
165 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q1 2021, worth a combined $1.15B — down 17% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PNTG positions and 17 closed out — a net gain of 10 holders — while 49 added to existing stakes and 61 trimmed.
The largest buyer was Crewe Advisors, adding an estimated $58.7M. The largest seller was American Century Companies, exiting entirely with an estimated $6.83M sold.
- 165 institutional investors held Pennant Group (PNTG) as of Q1 2021, up from 156 in Q4 2020.
- Funds reported $1.15B of Pennant Group stock for Q1 2021, down 17% quarter-over-quarter.
- 27 funds opened new Pennant Group positions in Q1 2021 and 17 closed out, a net change of +10 holders.
- The largest Pennant Group buyer in Q1 2021 was Crewe Advisors, an estimated $58.7M added.
- The largest Pennant Group seller in Q1 2021 was American Century Companies, an estimated $6.83M sold.
Based on aggregated 13F filings for Q1 2021.