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PENN Entertainment

600 hedge funds and large institutions have $9.75B invested in PENN Entertainment in 2021 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 232 increasing their positions, 169 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more funds holding in top 10

Funds holding in top 10: 512 (+7)

39% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 71

37% more repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 169

3% more funds holding

Funds holding: 582600 (+18)

1.42% more ownership

Funds ownership: 84.43%85.85% (+1.4%)

9% more call options, than puts

Call options by funds: $732M | Put options by funds: $675M

3% less capital invested

Capital invested by funds: $10.1B → $9.75B (-$336M)

Holders
600
Holders Change
+18
Holders Change %
+3.09%
% of All Funds
10.5%
Holding in Top 10
12
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+140%
% of All Funds
0.21%
New
99
Increased
232
Reduced
169
Closed
71
Calls
$732M
Puts
$675M
Net Calls
+$57.5M
Net Calls Change
-$25.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SFO
251
Stokes Family Office
Louisiana
$956K +$11.2K +153 +1%
IG
252
ING Group
Netherlands
$954K +$70.8K +963 +8%
NB
253
Norinchukin Bank
Japan
$952K +$61.5K +837 +7%
BRWM
254
B. Riley Wealth Management
Tennessee
$942K +$956K +13,007 New
CIM
255
CIM Investment Management
Pennsylvania
$929K +$324K +4,410 +52%
IWC
256
Integrated Wealth Concepts
Massachusetts
$928K +$86.4K +1,176 +10%
HPC
257
HM Payson & Co
Maine
$920K +$301K +4,100 +48%
PCA
258
Pallas Capital Advisors
Massachusetts
$914K +$364K +4,951 +65%
OAM
259
Oppenheimer Asset Management
New York
$912K -$78.7K -1,071 -8%
OPERF
260
Oregon Public Employees Retirement Fund
Oregon
$900K
HA
261
Harbor Advisors
Florida
$870K
American Century Companies
262
American Century Companies
Missouri
$861K +$80.3K +1,093 +10%
KAS
263
Kestra Advisory Services
Texas
$857K +$176K +2,389 +25%
IFG
264
Independent Financial Group
California
$849K +$862K +11,721 New
NAM
265
NorthCoast Asset Management
Connecticut
$842K -$81.7K -1,112 -9%
MSRPS
266
Maryland State Retirement & Pension System
Maryland
$836K
SRAM
267
Spouting Rock Asset Management
Pennsylvania
$826K +$838K +11,405 New
Creative Planning
268
Creative Planning
Kansas
$820K -$232K -3,153 -22%
WT
269
Whittier Trust
California
$812K
FA
270
Fagan Associates
New York
$799K -$23.2K -315 -3%
IMC Chicago
271
IMC Chicago
Illinois
$795K -$139K -1,892 -15%
COI
272
Connable Office Inc
Michigan
$791K -$39K -531 -5%
XT
273
XTX Topco
Cayman Islands
$766K +$290K +3,942 +59%
MML Investors Services
274
MML Investors Services
Massachusetts
$739K +$219K +2,982 +41%
PTP
275
Platform Technology Partners
New York
$734K +$172K +2,335 +30%

PENN Hedge Fund Activity: Q3 2021 in Review

600 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2021, worth a combined $9.75B — down 3.3% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 99 funds opened new PENN positions and 71 closed out — a net gain of 28 holders — while 232 added to existing stakes and 169 trimmed.

The largest buyer was Atreides Management, opening a new position worth an estimated $356M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $191M sold.

  • 600 institutional investors held PENN Entertainment (PENN) as of Q3 2021, up from 582 in Q2 2021.
  • Funds reported $9.75B of PENN Entertainment stock for Q3 2021, down 3.3% quarter-over-quarter.
  • 99 funds opened new PENN Entertainment positions in Q3 2021 and 71 closed out, a net change of +28 holders.
  • The largest PENN Entertainment buyer in Q3 2021 was Atreides Management, an estimated $356M added.
  • The largest PENN Entertainment seller in Q3 2021 was HG Vora Capital Management, an estimated $191M sold.

Based on aggregated 13F filings for Q3 2021.