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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
BCMLT
376
Beacon Capital Management LLC (Tennessee)
Tennessee
$39
PA
377
Pineridge Advisors
Missouri
$19
BAMCO Inc
378
BAMCO Inc
New York
-$6.44M -353,399 Closed
M2MC
379
Matthew 25 Management Corp
Pennsylvania
-$5.28M -290,000 Closed
BPA
380
Beacon Pointe Advisors
California
-$4.12M -226,317 Closed
1M
381
13D Management
New York
-$3.69M -202,503 Closed
HF
382
HRT Financial
New York
-$3.68M -202,208 Closed
DCP
383
Diameter Capital Partners
New York
-$3.64M -200,000 Closed
DSCM
384
Divisadero Street Capital Management
Florida
-$3.64M -200,000 Closed
AIG
385
American International Group
New York
-$3.59M -197,224 Closed
Retirement Systems of Alabama
386
Retirement Systems of Alabama
Alabama
-$3.41M -187,093 Closed
State of New Jersey Common Pension Fund D
387
State of New Jersey Common Pension Fund D
New Jersey
-$3.06M -167,959 Closed
IMRF
388
Illinois Municipal Retirement Fund
Illinois
-$2.68M -147,347 Closed
TPSF
389
Texas Permanent School Fund
Texas
-$2.37M -130,156 Closed
Hudson Bay Capital Management
390
Hudson Bay Capital Management
Connecticut
-$2.18M -119,499 Closed
OPCM
391
Osborne Partners Capital Management
California
-$2.17M -119,395 Closed
SAMU
392
SONA Asset Management (US)
New York
-$1.82M -100,000 Closed
PD
393
Point72 (DIFC)
United Arab Emirates
-$1.44M -78,981 Closed
ECM
394
ExodusPoint Capital Management
New York
-$1.29M -70,865 Closed
DFCM
395
Dark Forest Capital Management
Puerto Rico
-$1.19M -65,491 Closed
VF
396
Virtu Financial
New York
-$1.1M -60,282 Closed
Capstone Investment Advisors
397
Capstone Investment Advisors
New York
-$1.08M -59,049 Closed
KJHP
398
K.J. Harrison & Partners
Ontario, Canada
-$934K -51,295 Closed
VI
399
Versor Investments
New York
-$843K -46,314 Closed
ET
400
Entropy Technologies
New York
-$737K -40,446 Closed

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.