Pennant Group
PNTG
119 hedge funds and large institutions have $326M invested in Pennant Group in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 34 closing their positions.
99% more call options, than puts
Call options by funds: $320K | Put options by funds: $161K
1.21% more ownership
Funds ownership: 81.29% → 82.5% (+1.2%)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
20% less funds holding
Funds holding: 148 → 119 (-29)
56% less capital invested
Capital invested by funds: $748M → $326M (-$423M)
79% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$35M |
| 2 |
BCP
Bayberry Capital Partners
New York
|
+$4.13M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.64M |
| 4 |
Goldman Sachs
New York
|
+$1.62M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$6.16M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.83M |
| 3 |
JP Morgan Chase
New York
|
-$3.87M |
| 4 |
BlackRock
New York
|
-$3.7M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$2.46M |
PNTG Hedge Fund Activity: Q1 2020 in Review
119 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q1 2020, worth a combined $326M — down 56% from $748M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PNTG and 7 opened new positions — a net loss of 27 holders — while 47 trimmed existing stakes and 43 added.
The largest buyer was Wasatch Advisors, adding an estimated $35M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $6.16M sold.
- 119 institutional investors held Pennant Group (PNTG) as of Q1 2020, down from 148 in Q4 2019.
- Funds reported $326M of Pennant Group stock for Q1 2020, down 56% quarter-over-quarter.
- 7 funds opened new Pennant Group positions in Q1 2020 and 34 closed out, a net change of -27 holders.
- The largest Pennant Group buyer in Q1 2020 was Wasatch Advisors, an estimated $35M added.
- The largest Pennant Group seller in Q1 2020 was Granahan Investment Management, an estimated $6.16M sold.
Based on aggregated 13F filings for Q1 2020.