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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
SWP
301
Stratos Wealth Partners
Ohio
$307K +$207K +4,217 New
LIA
302
LBMC Investment Advisors
Tennessee
$302K +$204K +4,157 New
BWP
303
Bernardo Wealth Planning
Pennsylvania
$301K +$203K +4,141 New
CAM
304
Cresset Asset Management
Illinois
$290K +$196K +3,990 New
HR
305
Hayden Royal
North Carolina
$290K +$196K +4,000 New
BSW
306
Buckingham Strategic Wealth
Missouri
$288K +$194K +3,964 New
KAS
307
Kestra Advisory Services
Texas
$287K +$2.89K +59 New
ACM
308
Aljian Capital Management
Nevada
$287K +$195K +3,970 New
FMWA
309
Forvis Mazars Wealth Advisors
Missouri
$274K +$185K +3,775 New
QSS
310
Quantitative Systematic Strategies
Florida
$269K +$181K +3,695 New
Two Sigma Advisers
311
Two Sigma Advisers
New York
$269K +$182K +3,700 New
IA
312
IFP Advisors
Florida
$267K +$78.4K +1,599 +77%
TCM
313
Teza Capital Management
Illinois
$266K +$180K +3,663 New
LSPW
314
Lake Street Private Wealth
Illinois
$264K +$178K +3,635 New
CA
315
Cetera Advisors
Colorado
$256K +$173K +3,528 New
PFC
316
Phocas Financial Corp
California
$250K -$7.55M -153,904 -98%
FMT
317
First Mercantile Trust
Tennessee
$245K -$4.66K -95 -2%
IWC
318
Integrated Wealth Concepts
Massachusetts
$243K +$164K +3,345 New
IWM
319
IHT Wealth Management
Illinois
$241K +$163K +3,318 New
I
320
INVST
Indiana
$240K +$159K +3,244 New
CICI
321
Capital Investment Counsel Inc
North Carolina
$240K +$162K +3,300 New
TC
322
TownSquare Capital
Utah
$234K +$169K +3,444 New
SM
323
Sciencast Management
New Jersey
$233K -$4.47M -91,148 -96%
AF
324
Advisornet Financial
Minnesota
$233K -$51.7K -1,054 -25%
SBH
325
Segall Bryant & Hamill
Illinois
$233K +$157K +3,209 New

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.