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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
RHBC
376
R.H. Bluestein & Co
Michigan
$290K -$73.5K -1,000 -20%
FMTCOCP
377
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$290K
HR
378
Hayden Royal
North Carolina
$290K
HCM
379
Howland Capital Management
Massachusetts
$290K +$37.3K +508 +15%
MIC
380
Meridian Investment Counsel
California
$290K +$294K +4,000 New
ASN
381
Advisory Services Network
Georgia
$289K +$73.4K +999 +33%
SWM
382
SeaCrest Wealth Management
New York
$289K +$87.4K +1,189 +42%
CGH
383
Crossmark Global Holdings
Texas
$286K +$735 +10 +0.3%
CIBC Private Wealth Group
384
CIBC Private Wealth Group
Georgia
$285K +$368 +5 +0.1%
OBWG
385
Onyx Bridge Wealth Group
New York
$283K +$16.5K +225 +7%
MA
386
Mutual Advisors
Nebraska
$282K -$205K -2,795 -42%
KCM
387
Kendall Capital Management
Maryland
$280K -$20.2K -275 -7%
BBVA
388
Banco Bilbao Vizcaya Argentaria
Spain
$278K +$19.8K +269 +8%
VIA
389
Vident Investment Advisory
Georgia
$276K +$279K +3,802 New
SCA
390
Snowden Capital Advisors
New York
$276K +$60.3K +820 +27%
1IA
391
1834 Investment Advisors
Wisconsin
$275K +$279K +3,800 New
TCM
392
Triumph Capital Management
Colorado
$270K +$274K +3,721 New
AAM
393
Aureus Asset Management
Massachusetts
$267K +$271K +3,690 New
IAA
394
Independent Advisor Alliance
North Carolina
$266K +$39.5K +538 +17%
ACS
395
Archford Capital Strategies
Illinois
$262K -$4.04K -55 -1%
MCCP
396
Mission Creek Capital Partners
California
$262K +$50.7K +690 +24%
TC
397
TownSquare Capital
Utah
$261K
AMC
398
Asset Management Corp
Illinois
$259K +$263K +3,575 New
BJL
399
Brighton Jones LLC
Washington
$255K -$1.03K -14 -0.4%
VAS
400
Vestmark Advisory Solutions
Massachusetts
$254K -$3.53K -48 -1%

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.