PENN Entertainment
PENN
380 hedge funds and large institutions have $3.06B invested in PENN Entertainment in 2024 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 96 increasing their positions, 133 reducing their positions, and 63 closing their positions.
42% more call options, than puts
Call options by funds: $310M | Put options by funds: $218M
7% more capital invested
Capital invested by funds: $2.86B → $3.06B (+$207M)
2.06% more ownership
Funds ownership: 99.22% → 101.28% (+2.1%)
6% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 63
3% less funds holding
Funds holding: 393 → 380 (-13)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
28% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 133
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$40.7M |
| 2 |
SG Americas Securities
New York
|
+$27.6M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$26.8M |
| 4 |
Holocene Advisors
New York
|
+$25.6M |
| 5 |
MGCM
Mane Global Capital Management
New York
|
+$23.3M |
Top Sellers
PENN Hedge Fund Activity: Q4 2024 in Review
380 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2024, worth a combined $3.06B — up 7.2% from $2.86B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of PENN and 59 opened new positions — a net loss of 4 holders — while 133 trimmed existing stakes and 96 added.
The largest buyer was Citadel Advisors, adding an estimated $40.7M. The largest seller was Fidelity Investments, cutting an estimated $124M.
- 380 institutional investors held PENN Entertainment (PENN) as of Q4 2024, down from 393 in Q3 2024.
- Funds reported $3.06B of PENN Entertainment stock for Q4 2024, up 7.2% quarter-over-quarter.
- 59 funds opened new PENN Entertainment positions in Q4 2024 and 63 closed out, a net change of -4 holders.
- The largest PENN Entertainment buyer in Q4 2024 was Citadel Advisors, an estimated $40.7M added.
- The largest PENN Entertainment seller in Q4 2024 was Fidelity Investments, an estimated $124M sold.
Based on aggregated 13F filings for Q4 2024.