Pennant Group
PNTG
143 hedge funds and large institutions have $360M invested in Pennant Group in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 9 closing their positions.
1,533% more call options, than puts
Call options by funds: $49K | Put options by funds: $3K
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
34% more capital invested
Capital invested by funds: $269M → $360M (+$90.6M)
13% more funds holding
Funds holding: 126 → 143 (+17)
5.33% more ownership
Funds ownership: 80.97% → 86.3% (+5.3%)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
Top Buyers
| 1 |
BCM
Boone Capital Management
Atlanta,
Georgia
|
+$4.12M |
| 2 |
Millennium Management
New York
|
+$3.48M |
| 3 |
Morgan Stanley
New York
|
+$2.9M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$2.11M |
| 5 |
Renaissance Technologies
New York
|
+$1.55M |
Top Sellers
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$12.7M |
| 2 |
EP
Eversept Partners
New York
|
-$4.07M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$3.25M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$2.76M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$1.41M |
PNTG Hedge Fund Activity: Q4 2023 in Review
143 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Pennant Group (PNTG) for Q4 2023, worth a combined $360M — up 34% from $269M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PNTG positions and 9 closed out — a net gain of 17 holders — while 44 added to existing stakes and 49 trimmed.
The largest buyer was Boone Capital Management, opening a new position worth an estimated $4.12M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $12.7M.
- 143 institutional investors held Pennant Group (PNTG) as of Q4 2023, up from 126 in Q3 2023.
- Funds reported $360M of Pennant Group stock for Q4 2023, up 34% quarter-over-quarter.
- 26 funds opened new Pennant Group positions in Q4 2023 and 9 closed out, a net change of +17 holders.
- The largest Pennant Group buyer in Q4 2023 was Boone Capital Management, an estimated $4.12M added.
- The largest Pennant Group seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2023.