Who owns Penumbra (PEN)
Which tracked institutional funds hold PEN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PEN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
88 tracked funds added or opened PEN while 181 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PEN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes PEN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PEN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 415 tracked filers holding PEN, 190 increased or opened the position and 273 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PEN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 16
- WESTFIELD CAPITAL MANAGEMENT CO LP$41M
- Jupiter Topco LLC$41M
- BOUSSARD & GAVAUDAN GESTION SAS$11M
- Apollon Wealth Management, LLC$3M
- GATEWAY INVESTMENT ADVISERS LLC$2M
- XTX Topco Ltd$2M
Full exits 61
- BAILLIE GIFFORD & CO$276M
- Amundi$114M
- SOROS FUND MANAGEMENT LLC$67M
- Thrivent Financial for Lutherans$62M
- Decagon Asset Management LLP$55M
- JANUS HENDERSON GROUP PLC$55M
Largest adds
- JPMORGAN CHASE & CO$206M
- ExodusPoint Capital Management, LP$192M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$132M
- NORGES BANK$123M
- TWO SIGMA INVESTMENTS, LP$116M
- BlackRock, Inc.$110M
Largest trims
- MILLENNIUM MANAGEMENT LLC$139M
- CONGRESS ASSET MANAGEMENT CO$100M
- FMR LLC$92M
- Champlain Investment Partners, LLC$92M
- Invesco Ltd.$88M
- BANK OF NOVA SCOTIA$69M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 4,297,555 | $1.4B | 13.4% | 2026-Q2 |
| HBK INVESTMENTS L P added | 1,838,508 | $581M | 5.7% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,709,877 | $540M | 5.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 1,667,276 | $526M | 5.2% | 2026-Q2 |
| STATE STREET CORP added | 1,243,258 | $393M | 3.9% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 1,090,430 | $344M | 3.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,090,163 | $344M | 3.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,071,454 | $339M | 3.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 847,104 | $267M | 2.6% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 834,903 | $264M | 2.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 796,471 | $252M | 2.5% | 2026-Q2 |
| NORGES BANK added | 752,242 | $238M | 2.4% | 2026-Q2 |
| UBS Group AG added | 703,822 | $222M | 2.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 700,611 | $221M | 2.2% | 2026-Q2 |
| MORGAN STANLEY added | 591,824 | $187M | 1.8% | 2026-Q2 |
| AQR Arbitrage LLC added | 563,873 | $178M | 1.8% | 2026-Q2 |
| WHITEBOX ADVISORS LLC added | 506,881 | $160M | 1.6% | 2026-Q2 |
| Capital World Investors added | 479,701 | $151M | 1.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 448,763 | $142M | 1.4% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 438,553 | $138M | 1.4% | 2026-Q2 |
| CITIGROUP INC trimmed | 433,125 | $137M | 1.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 428,128 | $135M | 1.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 400,649 | $127M | 1.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 343,713 | $109M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP added | 333,064 | $105M | 1.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 326,120 | $103M | 1.0% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 301,585 | $99M | 1.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 266,017 | $84M | 0.8% | 2026-Q2 |
| Invesco Ltd. trimmed | 263,980 | $83M | 0.8% | 2026-Q2 |
| Magnetar Financial LLC added | 255,841 | $81M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 251,746 | $79M | 0.8% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 235,328 | $74M | 0.7% | 2026-Q2 |
| Champlain Investment Partners, LLC trimmed | 219,032 | $69M | 0.7% | 2026-Q2 |
| TIG Advisors, LLC added | 215,082 | $68M | 0.7% | 2026-Q2 |
| LMR Partners LLP trimmed | 213,893 | $68M | 0.7% | 2026-Q2 |
| FMR LLC trimmed | 211,002 | $67M | 0.7% | 2026-Q2 |
| Hudson Bay Capital Management LP trimmed | 203,138 | $64M | 0.6% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 197,329 | $62M | 0.6% | 2026-Q2 |
| ALPINE ASSOCIATES MANAGEMENT INC. added | 188,986 | $60M | 0.6% | 2026-Q2 |
| Melqart Asset Management (UK) Ltd added | 185,734 | $59M | 0.6% | 2026-Q2 |
| CAXTON ASSOCIATES LLP trimmed | 179,384 | $57M | 0.6% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 176,720 | $56M | 0.6% | 2026-Q2 |
| Birnam Oak Advisors, LP added | 171,277 | $54M | 0.5% | 2026-Q2 |
| Westchester Capital Management, LLC added | 157,472 | $50M | 0.5% | 2026-Q2 |
| WATER ISLAND CAPITAL LLC added | 150,456 | $48M | 0.5% | 2026-Q2 |
| Woodline Partners LP trimmed | 145,844 | $46M | 0.5% | 2026-Q2 |
| Verition Fund Management LLC added | 142,309 | $45M | 0.4% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 138,413 | $44M | 0.4% | 2026-Q2 |
| Slotnik Capital, LLC added | 133,000 | $42M | 0.4% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP new | 131,394 | $41M | 0.4% | 2026-Q2 |
| Jupiter Topco LLC new | 130,275 | $41M | 0.4% | 2026-Q2 |
| Holocene Advisors, LP added | 128,012 | $40M | 0.4% | 2026-Q2 |
| NATIXIS added | 124,458 | $39M | 0.4% | 2026-Q2 |
| Rock Springs Capital Management LP trimmed | 115,750 | $37M | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 113,430 | $36M | 0.4% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 109,180 | $34M | 0.3% | 2026-Q2 |
| Kryger Capital LLC trimmed | 107,207 | $34M | 0.3% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 101,245 | $32M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 97,689 | $31M | 0.3% | 2026-Q2 |
| Calamos Advisors LLC added | 91,863 | $29M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 90,520 | $29M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 88,873 | $28M | 0.3% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC trimmed | 86,330 | $27M | 0.3% | 2026-Q2 |
| Empyrean Capital Partners, LP | 85,000 | $27M | 0.3% | 2026-Q2 |
| Capula Management Ltd trimmed | 83,000 | $26M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 82,985 | $26M | 0.3% | 2026-Q2 |
| Man Group plc added | 80,224 | $25M | 0.3% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 79,500 | $25M | 0.2% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 75,200 | $24M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 74,980 | $24M | 0.2% | 2026-Q2 |
| CARRET ASSET MANAGEMENT, LLC | 72,000 | $23M | 0.2% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC trimmed | 66,945 | $21M | 0.2% | 2026-Q2 |
| Quarry LP added | 65,227 | $21M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 64,912 | $20M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 64,327 | $20M | 0.2% | 2026-Q2 |
| PFM Health Sciences, LP trimmed | 60,221 | $19M | 0.2% | 2026-Q2 |
| HARVEST MANAGEMENT LLC added | 57,487 | $18M | 0.2% | 2026-Q2 |
| Sculptor Capital LP | 57,000 | $18M | 0.2% | 2026-Q2 |
| GABELLI & Co INVESTMENT ADVISERS, INC. added | 53,292 | $17M | 0.2% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 52,423 | $17M | 0.2% | 2026-Q2 |
| CREDIT INDUSTRIEL ET COMMERCIAL added | 52,078 | $16M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 49,183 | $16M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 46,953 | $15M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 44,624 | $14M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 43,286 | $14M | 0.1% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 40,680 | $13M | 0.1% | 2026-Q2 |
| CSS LLC/IL added | 38,740 | $12M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 37,931 | $12M | 0.1% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 36,381 | $11M | 0.1% | 2026-Q2 |
| BOUSSARD & GAVAUDAN GESTION SAS new | 36,340 | $11M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 36,049 | $11M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 34,403 | $11M | 0.1% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 33,120 | $10M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 33,033 | $10M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 32,425 | $10M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 32,111 | $10M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 31,776 | $10M | 0.1% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 31,286 | $10M | 0.1% | 2026-Q2 |
| ING GROEP NV trimmed | 30,000 | $9M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 29,149 | $9M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.