PENN Entertainment
PENN
552 hedge funds and large institutions have $5.57B invested in PENN Entertainment in 2022 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 190 increasing their positions, 176 reducing their positions, and 90 closing their positions.
10% more call options, than puts
Call options by funds: $326M | Put options by funds: $296M
8% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 176
2.63% less ownership
Funds ownership: 80.63% → 78% (-2.6%)
3% less funds holding
Funds holding: 571 → 552 (-19)
13% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 90
21% less capital invested
Capital invested by funds: $7.08B → $5.57B (-$1.51B)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$49.5M |
| 2 |
BlackRock
New York
|
+$40.6M |
| 3 |
Renaissance Technologies
New York
|
+$36.2M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$34.1M |
| 5 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
+$27.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$136M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$117M |
| 3 |
N
Natixis
Paris,
France
|
-$107M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$52.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$47.3M |
PENN Hedge Fund Activity: Q1 2022 in Review
552 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2022, worth a combined $5.57B — down 21% from $7.08B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of PENN and 78 opened new positions — a net loss of 12 holders — while 176 trimmed existing stakes and 190 added.
The largest buyer was Goldman Sachs, adding an estimated $49.5M. The largest seller was Invesco, cutting an estimated $136M.
- 552 institutional investors held PENN Entertainment (PENN) as of Q1 2022, down from 571 in Q4 2021.
- Funds reported $5.57B of PENN Entertainment stock for Q1 2022, down 21% quarter-over-quarter.
- 78 funds opened new PENN Entertainment positions in Q1 2022 and 90 closed out, a net change of -12 holders.
- The largest PENN Entertainment buyer in Q1 2022 was Goldman Sachs, an estimated $49.5M added.
- The largest PENN Entertainment seller in Q1 2022 was Invesco, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2022.