Pennant Group
PNTG
133 hedge funds and large institutions have $307M invested in Pennant Group in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 13 closing their positions.
689% more call options, than puts
Call options by funds: $142K | Put options by funds: $18K
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1.77% more ownership
Funds ownership: 82.3% → 84.06% (+1.8%)
2% more funds holding
Funds holding: 131 → 133 (+2)
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
12% less capital invested
Capital invested by funds: $349M → $307M (-$41.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.61M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$5.51M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.89M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$3.16M |
| 5 |
BlackRock
New York
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.84M |
| 2 |
Jane Street
New York
|
-$3.02M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.58M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.54M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$2.04M |
PNTG Hedge Fund Activity: Q2 2023 in Review
133 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q2 2023, worth a combined $307M — down 12% from $349M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PNTG positions and 13 closed out — a net gain of 2 holders — while 49 added to existing stakes and 49 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $6.61M. The largest seller was Millennium Management, cutting an estimated $6.84M.
- 133 institutional investors held Pennant Group (PNTG) as of Q2 2023, up from 131 in Q1 2023.
- Funds reported $307M of Pennant Group stock for Q2 2023, down 12% quarter-over-quarter.
- 15 funds opened new Pennant Group positions in Q2 2023 and 13 closed out, a net change of +2 holders.
- The largest Pennant Group buyer in Q2 2023 was Wasatch Advisors, an estimated $6.61M added.
- The largest Pennant Group seller in Q2 2023 was Millennium Management, an estimated $6.84M sold.
Based on aggregated 13F filings for Q2 2023.