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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
AF
351
Arrow Financial
New York
$103K
BFC
352
Bedel Financial Consulting
Indiana
$97K
APWA
353
Atlas Private Wealth Advisors
New Jersey
$95K
SIAP
354
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$95K
NSIM
355
North Star Investment Management
Illinois
$93K +$49.1K +1,000 +357%
CFD
356
Creative Financial Designs
Indiana
$92K -$48.1K -980 -44%
PCG
357
Private Capital Group
Connecticut
$92K +$98 +2 +0.2%
KPCM
358
Kings Point Capital Management
New York
$91K +$7.36K +150 +14%
MPWT
359
MassMutual Private Wealth & Trust
Connecticut
$87K
SFS
360
Sowell Financial Services
Arkansas
$81K -$69.3K -1,412 -56%
CA
361
Clearstead Advisors
Ohio
$73K
JCM
362
Jacobi Capital Management
Pennsylvania
$73K +$45.7K +932 +1,277%
ASN
363
Advisory Services Network
Georgia
$68K +$46K +938 New
S
364
SignatureFD
Georgia
$64K +$3.58K +73 +9%
JIR
365
James Investment Research
Ohio
$64K +$15.3K +312 +55%
HWM
366
HighMark Wealth Management
Minnesota
$62K +$3.29K +67 +8%
GWMIA
367
Global Wealth Management Investment Advisory
Florida
$60K -$72.6K -1,480 -64%
TF
368
TimeScale Financial
Massachusetts
$55K
TFS
369
TrustCore Financial Services
Tennessee
$42K +$12.2K +249 +75%
APA
370
American Portfolios Advisors
New York
$40.3K +$10.9K +223 +67%
JSC
371
Jackson Square Capital
California
$38K -$10K -204 -28%
NNP
372
Nachman Norwood & Parrott
South Carolina
$36K +$24.5K +500 New
PFBT
373
Parkside Financial Bank & Trust
Missouri
$36K +$24.5K +500 New
AA
374
Ancora Advisors
Ohio
$29K +$736 +15 +4%
KTC
375
Kistler-Tiffany Companies
Pennsylvania
$26K

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.