Dark Forest Capital Management’s PENN Entertainment PENN Stock Holding History

Dark Forest Capital Management’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
2026 Q2	–	Sell	-85,239	Closed	-$1.28M	–	981
2026 Q1	$1.28M	Sell	85,239 -62,501	-42%	-$869K	0.11%	287
2025 Q4	$2.18M	Buy	147,740 +7,322	+5%	+$114K	0.1%	360
2025 Q3	$2.7M	Buy	+140,418	New	+$2.63M	0.1%	344
2024 Q4	–	Sell	-13,390	Closed	-$253K	–	1221
2024 Q3	$253K	Buy	+13,390	New	+$255K	0.03%	740
2024 Q2	–	Sell	-65,491	Closed	-$1.19M	–	841
2024 Q1	$1.19M	Buy	+65,491	New	+$1.35M	0.2%	94
2023 Q1	–	Sell	-140	Closed	-$4.16K	–	1407
2022 Q4	$4.16K	Buy	140 +138	+6,900%	+$4.48K	﹤0.01%	890
2022 Q3	$0	Buy	+2	New	+$65	﹤0.01%	1367
2022 Q1	–	Sell	-179	Closed	-$9K	–	1641
2021 Q4	$9K	Buy	+179	New	+$10.9K	﹤0.01%	980

Other funds holding PENN

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

DCM

DME Capital Management New York $3.91B AUM 36.1% 1-Year Est. Return

HPC

Hill Path Capital New York $1.92B AUM 5.67% 1-Year Est. Return

EARNEST Partners Atlanta, Georgia $27.7B AUM 52.44% 1-Year Est. Return

HVCM

HG Vora Capital Management New York $197M AUM 17.92% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Dark Forest Capital Management's PENN Position: Q2 2026 in Review

Dark Forest Capital Management sold out of PENN Entertainment (PENN) in Q2 2026, closing a stake of 85,239 shares — an estimated $1.28M sold.

Dark Forest Capital Management first reported a position in PENN in Q4 2021 and held it in 8 quarters. The position peaked at $2.7M in Q3 2025. 381 funds tracked by Wall St. Rank hold PENN as of Q2 2026.

Dark Forest Capital Management reported no remaining PENN Entertainment position as of Q2 2026 after selling out during the quarter.
Dark Forest Capital Management sold 85,239 PENN Entertainment shares in Q2 2026, an estimated $1.28M.
Dark Forest Capital Management first reported a position in PENN Entertainment in Q4 2021 and held it in 8 quarters.
Dark Forest Capital Management's PENN Entertainment position peaked at $2.7M in Q3 2025.
381 funds tracked by Wall St. Rank held PENN Entertainment as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.