A.R.T. Advisors’s PENN Entertainment PENN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-11,613	Closed	-$297K	–	720
2019 Q4	$297K	Sell	11,613 -25,500	-69%	-$566K	0.01%	1030
2019 Q3	$691K	Buy	+37,113	New	+$703K	0.03%	727
2018 Q4	–	Sell	-10,499	Closed	-$345K	–	1571
2018 Q3	$345K	Sell	10,499 -60,200	-85%	-$2M	0.02%	990
2018 Q2	$2.37M	Buy	+70,699	New	+$2.21M	0.1%	311
2017 Q4	–	Sell	-61,878	Closed	-$1.45M	–	1593
2017 Q3	$1.45M	Buy	+61,878	New	+$1.33M	0.07%	385
2016 Q3	–	Sell	-137,497	Closed	-$1.92M	–	1041
2016 Q2	$1.92M	Buy	+137,497	New	+$2.15M	0.1%	329
2016 Q1	–	Sell	-76,197	Closed	-$1.22M	–	1586
2015 Q4	$1.22M	Buy	76,197 +13,200	+21%	+$222K	0.06%	483
2015 Q3	$1.06M	Sell	62,997 -5,182	-8%	-$94.7K	0.04%	614
2015 Q2	$1.25M	Buy	68,179 +4,901	+8%	+$81.5K	0.04%	639
2015 Q1	$990K	Buy	+63,278	New	+$994K	0.03%	660
2014 Q2	–	Sell	-81,828	Closed	-$1.01M	–	1471
2014 Q1	$1.01M	Sell	81,828 -120,229	-60%	-$1.48M	0.05%	498
2013 Q4	$2.9M	Buy	+202,057	New	+$2.78M	0.15%	191