Pennant Group
PNTG
171 hedge funds and large institutions have $931M invested in Pennant Group in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 51 increasing their positions, 55 reducing their positions, and 15 closing their positions.
261% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $335K
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
55% more capital invested
Capital invested by funds: $601M → $931M (+$330M)
13% more funds holding
Funds holding: 151 → 171 (+20)
0.21% more ownership
Funds ownership: 86.25% → 86.46% (+0.21%)
7% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.3M |
| 2 |
Goldman Sachs
New York
|
+$7.74M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.72M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.61M |
| 5 |
AI
Atom Investors
Austin,
Texas
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$12.4M |
| 2 |
8KM
8 Knots Management
Dallas,
Texas
|
-$12.2M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$4.71M |
| 4 |
Renaissance Technologies
New York
|
-$3.96M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ADIM
176
Alpha DNA Investment Management
Columbia,
Maryland
| – | -$481K | -20,728 | Closed |
|
|
YIH
177
Y-Intercept (HK)
Hong Kong
| – | -$338K | -14,568 | Closed |
|
178
Verition Fund Management
Greenwich,
Connecticut
| – | -$270K | -11,655 | Closed |
|
|
PI
179
PEAK6 Investments
Chicago,
Illinois
| – | -$309K | -10,056 | Closed |
|
|
CMF
180
Counterpoint Mutual Funds
San Diego,
California
| – | -$228K | -9,836 | Closed |
|
|
PTC
181
Petrus Trust Company
Dallas,
Texas
| – | -$227K | -9,772 | Closed |
|
|
EC
182
EntryPoint Capital
New York
| – | -$169K | -7,308 | Closed |
|
|
SO
183
STRS Ohio
Columbus,
Ohio
| – | -$153K | -6,600 | Closed |
|
|
MIM
184
Macroview Investment Management
Bethesda,
Maryland
| – | -$8.09K | -349 | Closed |
|
|
IAIM
185
International Assets Investment Management
Orlando,
Florida
| – | -$1.99K | -86 | Closed |
|
|
HI
186
Harbour Investments
Madison,
Wisconsin
| – | -$1.97K | -85 | Closed |
|
PNTG Hedge Fund Activity: Q3 2024 in Review
171 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q3 2024, worth a combined $931M — up 55% from $601M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PNTG positions and 15 closed out — a net gain of 22 holders — while 51 added to existing stakes and 55 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $26.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $12.4M.
- 171 institutional investors held Pennant Group (PNTG) as of Q3 2024, up from 151 in Q2 2024.
- Funds reported $931M of Pennant Group stock for Q3 2024, up 55% quarter-over-quarter.
- 37 funds opened new Pennant Group positions in Q3 2024 and 15 closed out, a net change of +22 holders.
- The largest Pennant Group buyer in Q3 2024 was Fidelity Investments, an estimated $26.3M added.
- The largest Pennant Group seller in Q3 2024 was T. Rowe Price Investment Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2024.