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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
CAL
401
Capital Analysts LLC
Pennsylvania
$7K
JWBC
402
John W. Brooker & Co
California
$7K
PFO
403
Pathstone Family Office
New Jersey
$7K
RG
404
Retirement Group
California
$7K +$4.46K +91 New
NC
405
NewSquare Capital
Pennsylvania
$7K +$4.51K +92 +920%
FWM
406
Focused Wealth Management
New York
$6K -$4.42K -90 -54%
LFG
407
Larson Financial Group
Missouri
$6K +$981 +20 +35%
CWC
408
Carolinas Wealth Consulting
North Carolina
$6K +$3.73K +76 New
ME
409
McIlrath & Eck
Washington
$5K +$3.04K +62 New
CPW
410
Catalyst Private Wealth
California
$5K +$3.53K +72 New
PFWA
411
Paces Ferry Wealth Advisors
Georgia
$5K +$3.68K +75 New
PFA
412
Professional Financial Advisors
Nebraska
$5K +$4.91K +100 New
KFS
413
Kelly Financial Services
Massachusetts
$4.87K -$12.2K -248 -79%
BWA
414
BDO Wealth Advisors
Florida
$4K -$4.91K -100 -67%
LC
415
Lindbrook Capital
California
$4K
TIM
416
Tortoise Investment Management
New York
$4K
TC
417
Trust Company
Kansas
$4K
BCA
418
Berman Capital Advisors
Georgia
$3K
FMP
419
Financial Management Professionals
Texas
$3K
BHWM
420
Bay Harbor Wealth Management
Maryland
$3K +$1.86K +38 New
PFS
421
Prospera Financial Services
Texas
$3K +$2.21K +45 New
PA
422
Parallel Advisors
California
$3K +$2.35K +48 New
OSAM
423
O'Shaughnessy Asset Management
Connecticut
$2K +$1.42K +29 New
CFA
424
Carroll Financial Associates
North Carolina
$2K +$1.81K +37 +1,233%
SIAS
425
Shine Investment Advisory Services
Colorado
$1K +$491 +10 New

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.