Pennant Group
PNTG
126 hedge funds and large institutions have $269M invested in Pennant Group in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 46 increasing their positions, 48 reducing their positions, and 14 closing their positions.
1,450% more call options, than puts
Call options by funds: $31K | Put options by funds: $2K
4% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 48
3.09% less ownership
Funds ownership: 84.06% → 80.97% (-3.1%)
5% less funds holding
Funds holding: 133 → 126 (-7)
12% less capital invested
Capital invested by funds: $307M → $269M (-$38.3M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$6.12M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$1.74M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$955K |
| 4 |
Goldman Sachs
New York
|
+$948K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$876K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.24M |
| 2 |
Millennium Management
New York
|
-$3.46M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$2.94M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.04M |
PNTG Hedge Fund Activity: Q3 2023 in Review
126 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q3 2023, worth a combined $269M — down 12% from $307M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PNTG and 7 opened new positions — a net loss of 7 holders — while 48 trimmed existing stakes and 46 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $6.12M. The largest seller was Bank of Montreal, cutting an estimated $4.24M.
- 126 institutional investors held Pennant Group (PNTG) as of Q3 2023, down from 133 in Q2 2023.
- Funds reported $269M of Pennant Group stock for Q3 2023, down 12% quarter-over-quarter.
- 7 funds opened new Pennant Group positions in Q3 2023 and 14 closed out, a net change of -7 holders.
- The largest Pennant Group buyer in Q3 2023 was Paradigm Capital Management Inc, an estimated $6.12M added.
- The largest Pennant Group seller in Q3 2023 was Bank of Montreal, an estimated $4.24M sold.
Based on aggregated 13F filings for Q3 2023.