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PENN Entertainment

439 hedge funds and large institutions have $9.95B invested in PENN Entertainment in 2020 Q3 according to their latest regulatory filings, with 146 funds opening new positions, 132 increasing their positions, 120 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more first-time investments, than exits

New positions opened: 146 | Existing positions closed: 42

166% more capital invested

Capital invested by funds: $3.74B → $9.95B (+$6.22B)

157% more funds holding in top 10

Funds holding in top 10: 718 (+11)

29% more funds holding

Funds holding: 339439 (+100)

21% more call options, than puts

Call options by funds: $736M | Put options by funds: $608M

10% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 120

2.09% less ownership

Funds ownership: 91.75%89.65% (-2.1%)

Holders
439
Holders Change
+100
Holders Change %
+29.5%
% of All Funds
8.86%
Holding in Top 10
18
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+157.14%
% of All Funds
0.36%
New
146
Increased
132
Reduced
120
Closed
42
Calls
$736M
Puts
$608M
Net Calls
+$128M
Net Calls Change
+$106M
Name Holding Trade Value Shares
Change
Change in
Stake
VI
226
Versor Investments
New York
$916K +$618K +12,600 New
SM
227
SG3 Management
Puerto Rico
$909K -$6.5M -132,500 -91%
CIBC Private Wealth Group
228
CIBC Private Wealth Group
Georgia
$898K +$606K +12,346 New
WT
229
Whittier Trust
California
$893K +$12.6K +257 +2%
TG
230
TCW Group
California
$891K +$601K +12,250 New
QI
231
QS Investors
New York
$873K -$2.49M -50,700 -81%
HA
232
Harbor Advisors
Florida
$872K
DCM
233
Dupont Capital Management
Delaware
$829K -$610K -12,440 -52%
AAS
234
Avantax Advisory Services
Texas
$808K +$97K +1,978 +22%
PAMU
235
Pictet Asset Management (UK)
United Kingdom
$792K +$535K +10,900 New
JIP
236
Jaffetilchin Investment Partners
Florida
$791K -$135K -2,755 -20%
FBC
237
Fairfield, Bush & Co
Connecticut
$784K +$90.8K +1,850 +21%
DC
238
Davenport & Co
Virginia
$778K -$9.81K -200 -2%
FHB
239
First Hawaiian Bank
Hawaii
$765K -$99.3K -2,025 -16%
BFM
240
Boothbay Fund Management
New York
$749K +$506K +10,305 New
GC
241
Guggenheim Capital
Illinois
$735K +$67K +1,366 +16%
JWM
242
Jackson Wealth Management
Florida
$727K -$13.7M -280,000 -97%
PI
243
Parkside Investments
Illinois
$727K +$98.1K +2,000 +25%
FSCP
244
Franklin Street Capital Partners
New York
$727K +$491K +10,000 New
GCM
245
Graham Capital Management
Connecticut
$727K +$491K +10,000 New
PCM
246
Pentwater Capital Management
Florida
$727K +$491K +10,000 New
M&T Bank
247
M&T Bank
New York
$711K +$480K +9,785 New
CIP
248
Chartwell Investment Partners
Pennsylvania
$675K +$456K +9,291 New
AR
249
Advisory Research
Illinois
$671K +$453K +9,233 New
Rockefeller Capital Management
250
Rockefeller Capital Management
New York
$663K +$272K +5,554 +156%

PENN Hedge Fund Activity: Q3 2020 in Review

439 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2020, worth a combined $9.95B — up 166% from $3.74B a quarter earlier.

Buyers outnumbered sellers: 146 funds opened new PENN positions and 42 closed out — a net gain of 104 holders — while 132 added to existing stakes and 120 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $285M. The largest seller was Arrowstreet Capital, cutting an estimated $98.8M.

  • 439 institutional investors held PENN Entertainment (PENN) as of Q3 2020, up from 339 in Q2 2020.
  • Funds reported $9.95B of PENN Entertainment stock for Q3 2020, up 166% quarter-over-quarter.
  • 146 funds opened new PENN Entertainment positions in Q3 2020 and 42 closed out, a net change of +104 holders.
  • The largest PENN Entertainment buyer in Q3 2020 was Whale Rock Capital Management, an estimated $285M added.
  • The largest PENN Entertainment seller in Q3 2020 was Arrowstreet Capital, an estimated $98.8M sold.

Based on aggregated 13F filings for Q3 2020.