Pennant Group
PNTG
126 hedge funds and large institutions have $266M invested in Pennant Group in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 15 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
2% more funds holding
Funds holding: 123 → 126 (+3)
4.09% less ownership
Funds ownership: 90.62% → 86.54% (-4.1%)
20% less capital invested
Capital invested by funds: $331M → $266M (-$64.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
| 2 |
Millennium Management
New York
|
+$1.13M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.05M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$921K |
| 5 |
BlackRock
New York
|
+$720K |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$55.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.52M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$2.57M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.99M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSRPS
126
Maryland State Retirement & Pension System
Baltimore,
Maryland
| – | -$141K | -10,973 | Closed |
|
|
CANY
127
Caxton Associates (New York)
New York
| – | -$132K | -10,332 | Closed |
|
128
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$51K | -3,986 | Closed |
|
|
S
129
SignatureFD
Atlanta,
Georgia
| – | -$4K | -328 | Closed |
|
|
PFBT
130
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2K | -177 | Closed |
|
131
Rockefeller Capital Management
New York
| – | -$1K | -107 | Closed |
|
|
LC
132
Lindbrook Capital
Calabasas,
California
| – | -$1.44K | -101 | -71% |
|
|
RP
133
Repertoire Partners
New York
| – | -$1K | -100 | Closed |
|
|
MAM
134
Meeder Asset Management
Dublin,
Ohio
| – | -$386 | -27 | -93% |
|
|
BCM
135
Bourgeon Capital Management
Darien,
Connecticut
| – | +$143 | +10 | New |
|
|
FMII
136
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | +$243 | +17 | New |
|
137
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$314 | +22 | New |
|
PNTG Hedge Fund Activity: Q3 2022 in Review
126 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q3 2022, worth a combined $266M — down 20% from $331M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PNTG positions and 15 closed out — a net gain of 4 holders — while 50 added to existing stakes and 32 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.22M. The largest seller was T. Rowe Price Associates, cutting an estimated $55.3M.
- 126 institutional investors held Pennant Group (PNTG) as of Q3 2022, up from 123 in Q2 2022.
- Funds reported $266M of Pennant Group stock for Q3 2022, down 20% quarter-over-quarter.
- 19 funds opened new Pennant Group positions in Q3 2022 and 15 closed out, a net change of +4 holders.
- The largest Pennant Group buyer in Q3 2022 was Citadel Advisors, an estimated $1.22M added.
- The largest Pennant Group seller in Q3 2022 was T. Rowe Price Associates, an estimated $55.3M sold.
Based on aggregated 13F filings for Q3 2022.