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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
I
301
INVST
Indiana
$604K +$24.3K +330 +4%
SG Americas Securities
302
SG Americas Securities
New York
$599K -$1.31M -17,787 -68%
AI
303
AdvisorShares Investments
Maryland
$589K +$190K +2,578 +47%
FT
304
Fiduciary Trust
Massachusetts
$589K +$597K +8,126 New
Macquarie Group
305
Macquarie Group
Australia
$583K -$66.7K -907 -10%
DCM
306
Dupont Capital Management
Delaware
$571K +$61.1K +831 +12%
ACM
307
Aljian Capital Management
Nevada
$564K -$181K -2,465 -24%
AF
308
Allworth Financial
California
$559K +$14.9K +203 +3%
HI
309
Harbour Investments
Wisconsin
$543K +$315K +4,288 +134%
BPA
310
Beacon Pointe Advisors
California
$541K +$549K +7,472 New
IAIM
311
International Assets Investment Management
Florida
$539K -$14.6K -199 -3%
NMIMC
312
Northwestern Mutual Investment Management Company
Wisconsin
$516K +$27.6K +376 +6%
FAIM
313
Financial Advocates Investment Management
Washington
$512K -$24.3K -331 -4%
LSA
314
Leonteq Securities AG
Switzerland
$511K +$85.9K +1,169 +20%
AWM
315
AE Wealth Management
Kansas
$507K -$534K -7,258 -51%
BRWA
316
B. Riley Wealth Advisors
Florida
$499K +$24.6K +334 +4%
Northwestern Mutual Wealth Management
317
Northwestern Mutual Wealth Management
Wisconsin
$499K +$313K +4,263 +162%
SI
318
Stephens Inc
Arkansas
$484K -$174K -2,369 -26%
Verition Fund Management
319
Verition Fund Management
Connecticut
$480K -$2.3M -31,254 -83%
APA
320
American Portfolios Advisors
New York
$471K -$3.53K -48 -0.7%
AWA
321
Arkadios Wealth Advisors
Georgia
$470K +$48.4K +659 +11%
ACP
322
Aviance Capital Partners
Florida
$463K +$189K +2,574 +67%
Mercer Global Advisors
323
Mercer Global Advisors
Colorado
$459K -$566K -7,704 -55%
Mirae Asset Global Investments
324
Mirae Asset Global Investments
South Korea
$459K +$192K +2,607 +70%
Pacer Advisors
325
Pacer Advisors
Pennsylvania
$455K -$101K -1,378 -18%

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.