BHR Capital’s PENN Entertainment PENN Stock Holding History

BHR Capital’s Portfolio PENN Stock Details PENN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-2,103,163	Closed	-$26.3M	–	46
2013 Q3	$26.3M	Buy	2,103,163 +442,300	+27%	+$5.33M	2.5%	15
2013 Q2	$19.8M	Buy	+1,660,863	New	+$21M	2%	19

Other funds holding PENN

BAMCO Inc New York $66.6B AUM 7.35% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $4.03B AUM 35.05% 1-Year Est. Return

RIM

RS Investment Management San Francisco, California $9.73B AUM 3.24% 1-Year Est. Return

Davenport & Co Richmond, Virginia $20.4B AUM 18.11% 1-Year Est. Return

ZBI Equities New York $1.85B AUM

Amici Capital New York $257M AUM 4.88% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BHR Capital's PENN Position: Q4 2013 in Review

BHR Capital sold out of PENN Entertainment (PENN) in Q4 2013, closing a stake of 2,103,163 shares — an estimated $26.3M sold.

BHR Capital first reported a position in PENN in Q2 2013 and held it in 2 quarters. The position peaked at $26.3M in Q3 2013. 187 funds tracked by Wall St. Rank hold PENN as of Q4 2013.

BHR Capital reported no remaining PENN Entertainment position as of Q4 2013 after selling out during the quarter.
BHR Capital sold 2,103,163 PENN Entertainment shares in Q4 2013, an estimated $26.3M.
BHR Capital first reported a position in PENN Entertainment in Q2 2013 and held it in 2 quarters.
BHR Capital's PENN Entertainment position peaked at $26.3M in Q3 2013.
187 funds tracked by Wall St. Rank held PENN Entertainment as of Q4 2013.

Based on BHR Capital's 13F filing for Q4 2013, filed 14 Feb 2014.