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PENN Entertainment

381 hedge funds and large institutions have $3.02B invested in PENN Entertainment in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $331M | Put options by funds: $121M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

12% more capital invested

Capital invested by funds: $2.69B → $3.02B (+$321M)

5.01% more ownership

Funds ownership: 97.19%102.2% (+5%)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

6% less funds holding

Funds holding: 405381 (-24)

25% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 77

Holders
381
Holders Change
-24
Holders Change %
-5.93%
% of All Funds
5.5%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
58
Increased
107
Reduced
117
Closed
77
Calls
$331M
Puts
$121M
Net Calls
+$210M
Net Calls Change
+$91.7M
Name Holding Trade Value Shares
Change
Change in
Stake
IWP
326
IAG Wealth Partners
Wisconsin
$1.94K
IGWM
327
ICA Group Wealth Management
Colorado
$1.94K
BIA
328
Bell Investment Advisors
California
$1.88K
FC
329
Fairscale Capital
New Hampshire
$1.83K +$1.56K +92 New
VAG
330
VisionPoint Advisory Group
Texas
$1.8K
PGAM
331
Princeton Global Asset Management
New Jersey
$1.45K
ATPW
332
Ashton Thomas Private Wealth
Arizona
$1.41K +$1.24K +73 New
CPG
333
Cornerstone Planning Group
New Jersey
$1.41K
HFM
334
Hartford Financial Management
Connecticut
$1.35K +$1.19K +70 New
CWA
335
Carolina Wealth Advisors
South Carolina
$1.16K
AIC
336
Archer Investment Corporation
Indiana
$1.14K
TC
337
Trust Company
Kansas
$1.12K
CFB
338
Cullen/Frost Bankers
Texas
$1.04K
FMP
339
Financial Management Professionals
Texas
$1K -$255 -15 -26%
NECFA
340
New England Capital Financial Advisors
Connecticut
$968
SIM
341
Studio Investment Management
Illinois
$968
GIA
342
GHP Investment Advisors
Colorado
$871
CAM
343
Chesapeake Asset Management
New York
$832
CFO
344
CVA Family Office
Colorado
$813
TCM
345
TruNorth Capital Management
Michigan
$794
JFGIW
346
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$678 +$594 +35 New
PWMG
347
Private Wealth Management Group
New Jersey
$639 -$1.22K -72 -69%
CIAS
348
CBIZ Investment Advisory Services
Ohio
$581
RA
349
Rise Advisors
New York
$484
DSC
350
Duncker Streett & Co
Missouri
$426

PENN Hedge Fund Activity: Q2 2024 in Review

381 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2024, worth a combined $3.02B — up 12% from $2.69B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of PENN and 58 opened new positions — a net loss of 19 holders — while 117 trimmed existing stakes and 107 added.

The largest buyer was BlackRock, adding an estimated $89.4M. The largest seller was Shapiro Capital Management, cutting an estimated $57.7M.

  • 381 institutional investors held PENN Entertainment (PENN) as of Q2 2024, down from 405 in Q1 2024.
  • Funds reported $3.02B of PENN Entertainment stock for Q2 2024, up 12% quarter-over-quarter.
  • 58 funds opened new PENN Entertainment positions in Q2 2024 and 77 closed out, a net change of -19 holders.
  • The largest PENN Entertainment buyer in Q2 2024 was BlackRock, an estimated $89.4M added.
  • The largest PENN Entertainment seller in Q2 2024 was Shapiro Capital Management, an estimated $57.7M sold.

Based on aggregated 13F filings for Q2 2024.