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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
LSERS
126
Louisiana State Employees Retirement System
Louisiana
-$297K -8,980 Closed
BOTW
127
Bank of the West
California
-$289K -8,745 Closed
KTA
128
Keeley-Teton Advisors
Illinois
-$288K -8,707 Closed
SRAM
129
Stone Ridge Asset Management
New York
-$284K -8,575 Closed
CGH
130
Crossmark Global Holdings
Texas
-$274K -8,275 Closed
GC
131
Guggenheim Capital
Illinois
-$254K -7,669 Closed
GWM
132
Greenwich Wealth Management
Connecticut
-$244K -7,391 Closed
AG
133
Aperio Group
California
-$244K -7,367 Closed
ARTA
134
A.R.T. Advisors
New York
-$222K -6,726 Closed
SSWM
135
Sheets Smith Wealth Management
North Carolina
-$218K -6,606 Closed
VFA
136
Values First Advisors
Tennessee
-$218K -6,592 Closed
MAM
137
Meeder Asset Management
Ohio
-$204K -6,213 Closed
SO
138
STRS Ohio
Ohio
-$158K -4,800 Closed
FIB
139
First Interstate Bank
Montana
-$15K -458 Closed
CMBA
140
C.M. Bidwell & Associates
Hawaii
-$14K -424 Closed
AAMU
141
Amundi Asset Management US
Massachusetts
-$12K -350 Closed
Fuller & Thaler Asset Management
142
Fuller & Thaler Asset Management
California
-$7K -225 Closed
CCM
143
Copeland Capital Management
Pennsylvania
-$6K -193 Closed
OSAM
144
O'Shaughnessy Asset Management
Connecticut
-$6K -171 Closed
Lazard Asset Management
145
Lazard Asset Management
New York
-$4K -150 Closed
Fifth Third Bancorp
146
Fifth Third Bancorp
Ohio
-$5K -144 Closed
Schroder Investment Management Group
147
Schroder Investment Management Group
United Kingdom
-$4K -123 Closed
AAM
148
Advisors Asset Management
Colorado
-$4K -115 Closed
PCG
149
Private Capital Group
Connecticut
-$1K -40 Closed
HGWM
150
Harvest Group Wealth Management
Massachusetts
-$962 -38 -76%

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.