Pennant Group
PNTG
139 hedge funds and large institutions have $591M invested in Pennant Group in 2021 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 24 closing their positions.
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 137 → 139 (+2)
0.21% more ownership
Funds ownership: 89.77% → 89.98% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less call options, than puts
Call options by funds: $739K | Put options by funds: $752K
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
17% less capital invested
Capital invested by funds: $715M → $591M (-$124M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.89M |
| 2 |
Morgan Stanley
New York
|
+$4.44M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$3.45M |
| 4 |
BlackRock
New York
|
+$3.43M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$7.59M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.13M |
| 3 |
ZCM
Ziegler Capital Management
Chicago,
Illinois
|
-$4.42M |
| 4 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$4.27M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Los Angeles Capital Management
Los Angeles,
California
| – | -$217K | -7,717 | Closed |
|
|
ASRS
152
Arizona State Retirement System
Phoenix,
Arizona
| – | -$206K | -7,324 | Closed |
|
|
WMSA
153
Weiss Multi-Strategy Advisers
New York
| – | -$202K | -7,198 | Closed |
|
|
OSAM
154
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$34K | -1,213 | Closed |
|
|
SAI
155
Systematic Alpha Investments
Princeton,
New Jersey
| – | -$5K | -191 | Closed |
|
|
PCG
156
Private Capital Group
West Hartford,
Connecticut
| – | -$3.61K | -156 | -92% |
|
|
TWA
157
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -110 | Closed |
|
158
Bessemer Group
Woodbridge,
New Jersey
| – | -$2.22K | -96 | -86% |
|
|
HI
159
Harbour Investments
Madison,
Wisconsin
| – | -$2K | -85 | Closed |
|
|
WPA
160
West Paces Advisors
Atlanta,
Georgia
| – | -$1.12K | -40 | Closed |
|
|
C
161
Covestor
London,
United Kingdom
| – | +$162 | +7 | New |
|
|
PA
162
Parallel Advisors
San Francisco,
California
| – | +$301 | +13 | New |
|
PNTG Hedge Fund Activity: Q4 2021 in Review
139 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q4 2021, worth a combined $591M — down 17% from $715M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PNTG positions and 24 closed out — a net gain of 3 holders — while 43 added to existing stakes and 45 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $9.89M. The largest seller was Tygh Capital Management, exiting entirely with an estimated $7.59M sold.
- 139 institutional investors held Pennant Group (PNTG) as of Q4 2021, up from 137 in Q3 2021.
- Funds reported $591M of Pennant Group stock for Q4 2021, down 17% quarter-over-quarter.
- 27 funds opened new Pennant Group positions in Q4 2021 and 24 closed out, a net change of +3 holders.
- The largest Pennant Group buyer in Q4 2021 was Wellington Management Group, an estimated $9.89M added.
- The largest Pennant Group seller in Q4 2021 was Tygh Capital Management, an estimated $7.59M sold.
Based on aggregated 13F filings for Q4 2021.