Spark Investment Management’s PENN Entertainment PENN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-77,002	Closed	-$1.45M	–	698
2018 Q4	$1.45M	Buy	77,002 +30,702	+66%	+$730K	0.1%	256
2018 Q3	$1.52M	Buy	+46,300	New	+$1.54M	0.09%	309
2017 Q4	–	Sell	-170,800	Closed	-$4M	–	784
2017 Q3	$4M	Hold	170,800	–	–	0.21%	167
2017 Q2	$3.65M	Hold	170,800	–	–	0.23%	150
2017 Q1	$3.15M	Sell	170,800 -55,000	-24%	-$806K	0.2%	162
2016 Q4	$3.11M	Hold	225,800	–	–	0.26%	116
2016 Q3	$3.06M	Buy	225,800 +104,600	+86%	+$1.47M	0.25%	120
2016 Q2	$1.69M	Buy	+121,200	New	+$1.9M	0.16%	212
2015 Q2	–	Sell	-114,700	Closed	-$1.79M	–	714
2015 Q1	$1.79M	Hold	114,700	–	–	0.25%	122
2014 Q4	$1.57M	Buy	+114,700	New	+$1.48M	0.26%	118