We are live on ! Find out more
PENN icon

PENN Entertainment
PENN

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: 7 → 18 (+11)

29% more funds holding

Funds holding: 339 → 439 (+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

Top Buyers

Rank Fund Capital Flow
1
WRCM
Whale Rock Capital Management
Massachusetts
+$285M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$178M
3
Fidelity Investments
Fidelity Investments
Massachusetts
+$130M
4
BlackRock
BlackRock
New York
+$54M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$51.8M

Top Sellers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$98.8M
2
JCAM
Jericho Capital Asset Management
New York
-$82.7M
3
Citadel Advisors
Citadel Advisors
Florida
-$41.9M
4
GT
Glenmede Trust
Pennsylvania
-$38.2M
5
Jennison Associates
Jennison Associates
New York
-$28.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
MAM
276
Meeder Asset Management
Ohio
$425K -$103K -2,099 -26%
WAM
277
World Asset Management
Michigan
$405K +$273K +5,572 New
RHBC
278
R.H. Bluestein & Co
Michigan
$400K +$270K +5,500 New
VPIM
279
Vanguard Personalized Indexing Management
California
$398K +$269K +5,479 New
CBFP
280
Cedar Brook Financial Partners
Ohio
$394K -$61.3K -1,250 -19%
JWCA
281
J.W. Cole Advisors
Florida
$391K +$264K +5,376 New
FMTCOCP
282
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$385K – – –
ECM
283
Element Capital Management
New York
$381K +$257K +5,247 New
AWM
284
AE Wealth Management
Kansas
$376K +$253K +5,166 New
EWA
285
Evolution Wealth Advisors
Florida
$366K +$164K +3,338 +196%
XF
286
XML Financial
Maryland
$364K +$245K +5,000 New
TAL
287
TIG Advisors LLC
New York
$363K +$245K +5,000 New
CFGS
288
Concourse Financial Group Securities
Alabama
$361K +$9.96K +203 +4%
GI
289
GAMCO Investors
Connecticut
$357K +$241K +4,910 New
ACI
290
AMP Capital Investors
Australia
$348K -$534K -10,892 -68%
SWM
291
SeaCrest Wealth Management
New York
$346K +$233K +4,753 New
LA
292
LexAurum Advisors
Kansas
$343K +$232K +4,722 New
CIBC Asset Management
293
CIBC Asset Management
Ontario, Canada
$337K +$227K +4,633 New
IAP
294
Indie Asset Partners
Indiana
$330K +$223K +4,545 New
BRWA
295
B. Riley Wealth Advisors
Florida
$330K +$232K +4,732 New
WS
296
Wedbush Securities
California
$320K +$216K +4,400 New
BF
297
BOK Financial
Oklahoma
$317K +$214K +4,352 New
HF
298
HRT Financial
New York
$313K +$211K +4,311 New
CI
299
Cigna Investments
Connecticut
$312K +$210K +4,287 New
ACP
300
Aviance Capital Partners
Florida
$310K -$223K -4,550 -52%
10 11
12
13 14

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.