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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
FHB
351
First Hawaiian Bank
Hawaii
$350K -$61.5K -837 -15%
AF
352
Advisornet Financial
Minnesota
$350K +$7.42K +101 +2%
MPPW
353
Mitchell & Pahl Private Wealth
Oklahoma
$348K
IAP
354
Indie Asset Partners
Indiana
$348K +$18.4K +250 +5%
SLWA
355
San Luis Wealth Advisors
California
$348K +$353K +4,803 New
HCM
356
Hilton Capital Management
New York
$344K +$349K +4,745 New
CCIA
357
Campbell & Co Investment Adviser
Maryland
$337K -$618K -8,401 -64%
BCM
358
Beck Capital Management
Texas
$337K +$342K +4,648 New
LA
359
LexAurum Advisors
Kansas
$328K -$15K -204 -4%
APW
360
Aurora Private Wealth
New Jersey
$327K -$2.95M -40,109 -90%
Sumitomo Mitsui Trust Group
361
Sumitomo Mitsui Trust Group
Japan
$324K +$54.2K +738 +20%
IRF
362
IBM Retirement Fund
New York
$319K
KOCAA
363
Knights of Columbus Asset Advisors
Connecticut
$319K +$75.7K +1,030 +30%
GI
364
GAMCO Investors
Connecticut
$314K
EWA
365
Evolution Wealth Advisors
Florida
$313K
USCWA
366
U.S. Capital Wealth Advisors
Texas
$312K +$316K +4,300 New
KRSITF
367
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$311K +$31.2K +424 +11%
Koshinski Asset Management
368
Koshinski Asset Management
Illinois
$309K +$313K +4,263 New
TWM
369
Tradition Wealth Management
Minnesota
$307K +$5.66K +77 +2%
DAS
370
Dynamic Advisor Solutions
Arizona
$304K +$49.3K +670 +19%
ACM
371
AlphaCrest Capital Management
New York
$302K -$512K -6,971 -63%
BWP
372
Bernardo Wealth Planning
Pennsylvania
$301K
SXL
373
Summit X LLC
Missouri
$301K +$368 +5 +0.1%
APP
374
Alpha Paradigm Partners
Illinois
$297K -$264K -3,587 -47%
VAM
375
Verity Asset Management
North Carolina
$292K +$49.4K +672 +20%

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.