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Institutional Ownership · SEC Form 13F

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.

415
Institutional holders
33M
Shares held (tracked funds)
85.2%
Of shares outstanding

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.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added4,297,555$1.4B13.4%2026-Q2
HBK INVESTMENTS L P added1,838,508$581M5.7%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added1,709,877$540M5.3%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added1,667,276$526M5.2%2026-Q2
STATE STREET CORP added1,243,258$393M3.9%2026-Q2
ExodusPoint Capital Management, LP added1,090,430$344M3.4%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added1,090,163$344M3.4%2026-Q2
JPMORGAN CHASE & CO added1,071,454$339M3.4%2026-Q2
GOLDMAN SACHS GROUP INC added847,104$267M2.6%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added834,903$264M2.6%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added796,471$252M2.5%2026-Q2
NORGES BANK added752,242$238M2.4%2026-Q2
UBS Group AG added703,822$222M2.2%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed700,611$221M2.2%2026-Q2
MORGAN STANLEY added591,824$187M1.8%2026-Q2
AQR Arbitrage LLC added563,873$178M1.8%2026-Q2
WHITEBOX ADVISORS LLC added506,881$160M1.6%2026-Q2
Capital World Investors added479,701$151M1.5%2026-Q2
CITADEL ADVISORS LLC added448,763$142M1.4%2026-Q2
NEUBERGER BERMAN GROUP LLC added438,553$138M1.4%2026-Q2
CITIGROUP INC trimmed433,125$137M1.4%2026-Q2
TWO SIGMA INVESTMENTS, LP added428,128$135M1.3%2026-Q2
TUDOR INVESTMENT CORP ET AL trimmed400,649$127M1.3%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added343,713$109M1.1%2026-Q2
NORTHERN TRUST CORP added333,064$105M1.0%2026-Q2
DIMENSIONAL FUND ADVISORS LP added326,120$103M1.0%2026-Q2
ALLIANCEBERNSTEIN L.P. added301,585$99M1.0%2026-Q2
BANK OF AMERICA CORP /DE/ added266,017$84M0.8%2026-Q2
Invesco Ltd. trimmed263,980$83M0.8%2026-Q2
Magnetar Financial LLC added255,841$81M0.8%2026-Q2
VANGUARD FIDUCIARY TRUST CO added251,746$79M0.8%2026-Q2
Bank of New York Mellon Corp trimmed235,328$74M0.7%2026-Q2
Champlain Investment Partners, LLC trimmed219,032$69M0.7%2026-Q2
TIG Advisors, LLC added215,082$68M0.7%2026-Q2
LMR Partners LLP trimmed213,893$68M0.7%2026-Q2
FMR LLC trimmed211,002$67M0.7%2026-Q2
Hudson Bay Capital Management LP trimmed203,138$64M0.6%2026-Q2
D. E. Shaw & Co., Inc. trimmed197,329$62M0.6%2026-Q2
ALPINE ASSOCIATES MANAGEMENT INC. added188,986$60M0.6%2026-Q2
Melqart Asset Management (UK) Ltd added185,734$59M0.6%2026-Q2
CAXTON ASSOCIATES LLP trimmed179,384$57M0.6%2026-Q2
ADAGE CAPITAL PARTNERS GP, L.L.C. added176,720$56M0.6%2026-Q2
Birnam Oak Advisors, LP added171,277$54M0.5%2026-Q2
Westchester Capital Management, LLC added157,472$50M0.5%2026-Q2
WATER ISLAND CAPITAL LLC added150,456$48M0.5%2026-Q2
Woodline Partners LP trimmed145,844$46M0.5%2026-Q2
Verition Fund Management LLC added142,309$45M0.4%2026-Q2
Squarepoint Ops LLC trimmed138,413$44M0.4%2026-Q2
Slotnik Capital, LLC added133,000$42M0.4%2026-Q2
WESTFIELD CAPITAL MANAGEMENT CO LP new131,394$41M0.4%2026-Q2
Jupiter Topco LLC new130,275$41M0.4%2026-Q2
Holocene Advisors, LP added128,012$40M0.4%2026-Q2
NATIXIS added124,458$39M0.4%2026-Q2
Rock Springs Capital Management LP trimmed115,750$37M0.4%2026-Q2
Nuveen, LLC added113,430$36M0.4%2026-Q2
RHUMBLINE ADVISERS trimmed109,180$34M0.3%2026-Q2
Kryger Capital LLC trimmed107,207$34M0.3%2026-Q2
HSBC HOLDINGS PLC trimmed101,245$32M0.3%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added97,689$31M0.3%2026-Q2
Calamos Advisors LLC added91,863$29M0.3%2026-Q2
MARSHALL WACE, LLP added90,520$29M0.3%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added88,873$28M0.3%2026-Q2
CAPITOLIS LIQUID GLOBAL MARKETS LLC trimmed86,330$27M0.3%2026-Q2
Empyrean Capital Partners, LP85,000$27M0.3%2026-Q2
Capula Management Ltd trimmed83,000$26M0.3%2026-Q2
BNP PARIBAS FINANCIAL MARKETS trimmed82,985$26M0.3%2026-Q2
Man Group plc added80,224$25M0.3%2026-Q2
RENAISSANCE TECHNOLOGIES LLC added79,500$25M0.2%2026-Q2
PICTON MAHONEY ASSET MANAGEMENT trimmed75,200$24M0.2%2026-Q2
Swiss National Bank added74,980$24M0.2%2026-Q2
CARRET ASSET MANAGEMENT, LLC72,000$23M0.2%2026-Q2
Susquehanna Portfolio Strategies, LLC trimmed66,945$21M0.2%2026-Q2
Quarry LP added65,227$21M0.2%2026-Q2
Legal & General Group Plc added64,912$20M0.2%2026-Q2
California Public Employees Retirement System added64,327$20M0.2%2026-Q2
PFM Health Sciences, LP trimmed60,221$19M0.2%2026-Q2
HARVEST MANAGEMENT LLC added57,487$18M0.2%2026-Q2
Sculptor Capital LP57,000$18M0.2%2026-Q2
GABELLI & Co INVESTMENT ADVISERS, INC. added53,292$17M0.2%2026-Q2
GABELLI FUNDS LLC trimmed52,423$17M0.2%2026-Q2
CREDIT INDUSTRIEL ET COMMERCIAL added52,078$16M0.2%2026-Q2
FIRST TRUST ADVISORS LP trimmed49,183$16M0.2%2026-Q2
BARCLAYS PLC added46,953$15M0.1%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added44,624$14M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added43,286$14M0.1%2026-Q2
Retirement Systems of Alabama trimmed40,680$13M0.1%2026-Q2
CSS LLC/IL added38,740$12M0.1%2026-Q2
STATE OF WISCONSIN INVESTMENT BOARD trimmed37,931$12M0.1%2026-Q2
PRELUDE CAPITAL MANAGEMENT, LLC trimmed36,381$11M0.1%2026-Q2
BOUSSARD & GAVAUDAN GESTION SAS new36,340$11M0.1%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added36,049$11M0.1%2026-Q2
AMERIPRISE FINANCIAL INC trimmed34,403$11M0.1%2026-Q2
Alberta Investment Management Corp trimmed33,120$10M0.1%2026-Q2
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed33,033$10M0.1%2026-Q2
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed32,425$10M0.1%2026-Q2
Gotham Asset Management, LLC added32,111$10M0.1%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed31,776$10M0.1%2026-Q2
CITIZENS FINANCIAL GROUP INC/RI added31,286$10M0.1%2026-Q2
ING GROEP NV trimmed30,000$9M0.1%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed29,149$9M0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership