Pennant Group
PNTG
118 hedge funds and large institutions have $513M invested in Pennant Group in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 9 closing their positions.
58% more capital invested
Capital invested by funds: $326M → $513M (+$187M)
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
1% less funds holding
Funds holding: 119 → 118 (-1)
1.08% less ownership
Funds ownership: 82.42% → 81.34% (-1.1%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$3.63M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$3.05M |
| 3 |
Morgan Stanley
New York
|
+$2.26M |
| 4 |
BlackRock
New York
|
+$2.04M |
| 5 |
Millennium Management
New York
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
Bayberry Capital Partners
New York
|
-$6.69M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
-$5.49M |
| 3 |
EP
Eversept Partners
New York
|
-$3.76M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$1.55M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.49M |
PNTG Hedge Fund Activity: Q2 2020 in Review
118 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q2 2020, worth a combined $513M — up 58% from $326M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PNTG and 8 opened new positions — a net loss of 1 holder — while 36 trimmed existing stakes and 42 added.
The largest buyer was American Century Companies, adding an estimated $3.63M. The largest seller was Bayberry Capital Partners, cutting an estimated $6.69M.
- 118 institutional investors held Pennant Group (PNTG) as of Q2 2020, down from 119 in Q1 2020.
- Funds reported $513M of Pennant Group stock for Q2 2020, up 58% quarter-over-quarter.
- 8 funds opened new Pennant Group positions in Q2 2020 and 9 closed out, a net change of -1 holder.
- The largest Pennant Group buyer in Q2 2020 was American Century Companies, an estimated $3.63M added.
- The largest Pennant Group seller in Q2 2020 was Bayberry Capital Partners, an estimated $6.69M sold.
Based on aggregated 13F filings for Q2 2020.