PAR Capital Management’s PENN Entertainment PENN Stock Holding History

PAR Capital Management’s Portfolio PENN Stock Details PENN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q4	–	Sell	-201,300	Closed	-$14.6M	–	41
2020 Q3	$14.6M	Sell	201,300 -500,000	-71%	-$36.4M	0.55%	27
2020 Q2	$21.4M	Buy	701,300 +425,000	+154%	+$13M	0.82%	24
2020 Q1	$3.5M	Sell	276,300 -315,000	-53%	-$3.98M	0.15%	32
2019 Q4	$15.1M	Buy	591,300 +431,300	+270%	+$11M	0.29%	31
2019 Q3	$2.98M	Buy	160,000 +85,000	+113%	+$1.58M	0.05%	40
2019 Q2	$1.45M	Buy	+75,000	New	+$1.45M	0.02%	47
2018 Q4	–	Sell	-1,859,904	Closed	-$61.2M	–	71
2018 Q3	$61.2M	Hold	1,859,904	–	–	0.7%	36
2018 Q2	$62.5M	Buy	1,859,904 +51,791	+3%	+$1.74M	0.7%	37
2018 Q1	$47.5M	Hold	1,808,113	–	–	0.52%	42
2017 Q4	$56.6M	Hold	1,808,113	–	–	0.63%	38
2017 Q3	$42.3M	Hold	1,808,113	–	–	0.48%	40
2017 Q2	$38.7M	Sell	1,808,113 -1,150,700	-39%	-$24.6M	0.43%	42
2017 Q1	$54.5M	Sell	2,958,813 -385,200	-12%	-$7.1M	0.66%	35
2016 Q4	$46.1M	Hold	3,344,013	–	–	0.6%	36
2016 Q3	$45.4M	Sell	3,344,013 -428,000	-11%	-$5.81M	0.66%	35
2016 Q2	$52.6M	Sell	3,772,013 -1,000,000	-21%	-$14M	0.87%	27
2016 Q1	$79.6M	Sell	4,772,013 -1,169,287	-20%	-$19.5M	1.28%	22
2015 Q4	$95.2M	Hold	5,941,300	–	–	1.75%	14
2015 Q3	$99.7M	Sell	5,941,300 -500,000	-8%	-$8.39M	2.1%	12
2015 Q2	$118M	Buy	6,441,300 +54,670	+0.9%	+$1M	2.67%	10
2015 Q1	$100M	Sell	6,386,630 -1,472,670	-19%	-$23.1M	2.31%	15
2014 Q4	$108M	Hold	7,859,300	–	–	2.49%	13
2014 Q3	$88.1M	Buy	7,859,300 +159,000	+2%	+$1.78M	2.35%	15
2014 Q2	$93.5M	Hold	7,700,300	–	–	2.58%	15
2014 Q1	$94.9M	Buy	7,700,300 +4,253,915	+123%	+$52.4M	2.87%	13
2013 Q4	$49.4M	Sell	3,446,385 -16,045,732	-82%	-$230M	1.64%	19
2013 Q3	$244M	Buy	19,492,117 +4,016,111	+26%	+$50.3M	7.49%	4
2013 Q2	$185M	Buy	+15,476,006	New	+$185M	5.2%	8