Pennant Group
PNTG
144 hedge funds and large institutions have $866M invested in Pennant Group in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 33 increasing their positions, 52 reducing their positions, and 9 closing their positions.
48,633% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $3K
289% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 9
69% more capital invested
Capital invested by funds: $513M → $866M (+$353M)
22% more funds holding
Funds holding: 118 → 144 (+26)
0.79% less ownership
Funds ownership: 81.38% → 80.59% (-0.79%)
37% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$17.8M |
| 2 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$3.12M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.63M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.31M |
| 5 |
IHAM
Integral Health Asset Management
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$10.1M |
| 2 |
BlackRock
New York
|
-$5.82M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.49M |
| 4 |
BCP
Bayberry Capital Partners
New York
|
-$3.44M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$3.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Group One Trading
Chicago,
Illinois
| – | -$5K | -200 | Closed |
|
|
FHC
152
First Horizon Corporation
Memphis,
Tennessee
| – | +$92 | +3 | New |
|
PNTG Hedge Fund Activity: Q3 2020 in Review
144 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q3 2020, worth a combined $866M — up 69% from $513M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PNTG positions and 9 closed out — a net gain of 26 holders — while 33 added to existing stakes and 52 trimmed.
The largest buyer was Riverbridge Partners, opening a new position worth an estimated $17.8M. The largest seller was American Century Companies, cutting an estimated $10.1M.
- 144 institutional investors held Pennant Group (PNTG) as of Q3 2020, up from 118 in Q2 2020.
- Funds reported $866M of Pennant Group stock for Q3 2020, up 69% quarter-over-quarter.
- 35 funds opened new Pennant Group positions in Q3 2020 and 9 closed out, a net change of +26 holders.
- The largest Pennant Group buyer in Q3 2020 was Riverbridge Partners, an estimated $17.8M added.
- The largest Pennant Group seller in Q3 2020 was American Century Companies, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2020.