Pennant Group
PNTG
146 hedge funds and large institutions have $518M invested in Pennant Group in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 63 reducing their positions, and 15 closing their positions.
1,465% more call options, than puts
Call options by funds: $2.17M | Put options by funds: $139K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more capital invested
Capital invested by funds: $360M → $518M (+$159M)
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
2% more funds holding
Funds holding: 143 → 146 (+3)
0.02% less ownership
Funds ownership: 86.3% → 86.28% (-0.02%)
29% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
8KM
8 Knots Management
Dallas,
Texas
|
+$16.1M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$5.49M |
| 3 |
BCM
Boone Capital Management
Atlanta,
Georgia
|
+$3.95M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$2M |
| 5 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Crewe Advisors
Salt Lake City,
Utah
|
-$6.35M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$4.69M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$3.37M |
| 4 |
Goldman Sachs
New York
|
-$3.29M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WG
151
Winton Group
London,
United Kingdom
| – | -$160K | -11,520 | Closed |
|
152
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$155K | -11,147 | Closed |
|
|
WMSA
153
Weiss Multi-Strategy Advisers
New York
| – | -$149K | -10,707 | Closed |
|
154
SG Americas Securities
New York
| – | -$107K | -7,670 | Closed |
|
155
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$64K | -4,598 | Closed |
|
|
A
156
AJOVista
Boston,
Massachusetts
| – | -$35.1K | -2,525 | Closed |
|
|
EC
157
EntryPoint Capital
New York
| – | -$30.5K | -2,188 | Closed |
|
|
PMEF
158
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$17.8K | -1,280 | Closed |
|
|
TCG
159
Transcendent Capital Group
Edmond,
Oklahoma
| – | -$599 | -43 | Closed |
|
160
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$269 | +16 | New |
|
PNTG Hedge Fund Activity: Q1 2024 in Review
146 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q1 2024, worth a combined $518M — up 44% from $360M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PNTG positions and 15 closed out — a net gain of 4 holders — while 45 added to existing stakes and 63 trimmed.
The largest buyer was 8 Knots Management, adding an estimated $16.1M. The largest seller was Crewe Advisors, cutting an estimated $6.35M.
- 146 institutional investors held Pennant Group (PNTG) as of Q1 2024, up from 143 in Q4 2023.
- Funds reported $518M of Pennant Group stock for Q1 2024, up 44% quarter-over-quarter.
- 19 funds opened new Pennant Group positions in Q1 2024 and 15 closed out, a net change of +4 holders.
- The largest Pennant Group buyer in Q1 2024 was 8 Knots Management, an estimated $16.1M added.
- The largest Pennant Group seller in Q1 2024 was Crewe Advisors, an estimated $6.35M sold.
Based on aggregated 13F filings for Q1 2024.