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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
FA
326
Faithward Advisors
Pennsylvania
$449K +$456K +6,200 New
US Bancorp
327
US Bancorp
Minnesota
$446K -$37.5K -510 -8%
SWP
328
Stratos Wealth Partners
Ohio
$445K -$40.1K -546 -8%
CAPTRUST Financial Advisors
329
CAPTRUST Financial Advisors
North Carolina
$442K -$304K -4,139 -40%
SC
330
Scotia Capital
Ontario, Canada
$439K +$445K +6,055 New
LBD
331
Landsberg Bennett & Dubbaneh
Florida
$437K +$409K +5,560 New
M&T Bank
332
M&T Bank
New York
$429K -$36.2K -493 -8%
PFA
333
Paradigm Financial Advisors
Missouri
$425K +$66.2K +900 +18%
DC
334
Davenport & Co
Virginia
$415K +$90.4K +1,230 +27%
RIA
335
Regal Investment Advisors
Michigan
$411K +$8.97K +122 +2%
SFG
336
Summit Financial Group
West Virginia
$410K +$416K +5,661 New
FHA
337
Flagship Harbor Advisors
Massachusetts
$409K
LSPW
338
Lake Street Private Wealth
Illinois
$401K +$18.4K +250 +5%
CAN
339
Cetera Advisor Networks
California
$398K -$267K -3,627 -40%
PFS
340
Prospera Financial Services
Texas
$390K +$396K +5,381 New
PAMP
341
Polar Asset Management Partners
Ontario, Canada
$385K -$12.4M -168,317 -97%
IMRF
342
Illinois Municipal Retirement Fund
Illinois
$385K
MAG
343
MRA Advisory Group
New Jersey
$379K +$91.1K +1,239 +31%
GSEP
344
Golden State Equity Partners
California
$374K +$380K +5,164 New
GLA
345
Great Lakes Advisors
Illinois
$368K -$227K -3,090 -38%
AWM
346
Avitas Wealth Management
California
$365K -$4.12K -56 -1%
FTDI
347
First Trust Direct Indexing
Massachusetts
$358K -$5.37K -73 -1%
IAN
348
Integrated Advisors Network
Texas
$358K +$41.2K +560 +13%
PA
349
Procyon Advisors
Connecticut
$352K +$47K +639 +15%
CI
350
Cigna Investments
Connecticut
$351K +$14.7K +200 +4%

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.