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Pennant Group

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.

New
Increased
Maintained
Reduced
Closed

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: 36 (+3)

55% more capital invested

Capital invested by funds: $601M → $931M (+$330M)

13% more funds holding

Funds holding: 151171 (+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

Holders
171
Holders Change
+20
Holders Change %
+13.25%
% of All Funds
2.46%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
37
Increased
51
Reduced
55
Closed
15
Calls
$1.21M
Puts
$335K
Net Calls
+$875K
Net Calls Change
+$1.18M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$90.3M +$26.3M +856,838 +51%
8KM
2
8 Knots Management
Texas
$85.6M -$12.2M -396,500 -14%
BlackRock
3
BlackRock
New York
$82.6M +$2.7M +87,764 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$72.7M +$2.28M +74,082 +4%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$50.1M -$12.4M -402,490 -22%
RP
6
Riverbridge Partners
Minnesota
$39.4M -$1.17M -37,913 -3%
WA
7
Wasatch Advisors
Utah
$37.4M -$2.38M -77,436 -7%
PCMI
8
Paradigm Capital Management Inc
New York
$33.5M -$4.71M -153,100 -14%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$27.4M -$3.43M -111,492 -13%
CA
10
Crewe Advisors
Utah
$26.5M +$367K +11,927 +2%
Goldman Sachs
11
Goldman Sachs
New York
$25.8M +$7.74M +251,873 +54%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$24.4M +$91.1K +2,963 +0.4%
State Street
13
State Street
Massachusetts
$24.2M -$33.3K -1,085 -0.2%
BCM
14
Boone Capital Management
Georgia
$22.9M -$1.8M -58,711 -8%
KLP
15
Kent Lake PR
Puerto Rico
$14.1M +$12.1M +394,344 New
First Eagle Investment Management
16
First Eagle Investment Management
New York
$13.5M -$400K -13,000 -3%
N
17
Nuveen
North Carolina
$12.6M +$2.48M +80,755 +30%
Northern Trust
18
Northern Trust
Illinois
$12.4M -$123K -3,986 -1%
DLP
19
De Lisle Partners
United Kingdom
$12.3M +$748K +24,321 +8%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$11.8M +$3.72M +120,932 +57%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$10.5M -$3.45M -112,141 -28%
Morgan Stanley
22
Morgan Stanley
New York
$9.91M +$537K +17,485 +7%
PCM
23
Peregrine Capital Management
Minnesota
$8.76M -$2.45M -79,741 -25%
Charles Schwab
24
Charles Schwab
California
$8.67M +$91.7K +2,982 +1%
AA
25
Ancora Advisors
Ohio
$8.19M -$935K -30,420 -12%

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.