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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
BFM
401
Boothbay Fund Management
New York
$247K -$8.75K -119 -3%
CICI
402
Capital Investment Counsel Inc
North Carolina
$239K
WP
403
WealthPLAN Partners
Nebraska
$232K +$54.5K +742 +20%
EH
404
Equitable Holdings
New York
$231K +$28.2K +384 +14%
PA
405
Profund Advisors
Maryland
$231K +$235K +3,192 New
TPA
406
Trivium Point Advisory
Connecticut
$228K -$1.62K -22 -0.7%
AIP
407
Almanack Investment Partners
Pennsylvania
$227K +$230K +3,135 New
TI
408
Tidal Investments
Wisconsin
$224K +$227K +3,086 New
PM
409
Parametrica Management
Hong Kong
$224K +$227K +3,088 New
IWM
410
IHT Wealth Management
Illinois
$222K +$225K +3,059 New
WorldQuant Millennium Advisors
411
WorldQuant Millennium Advisors
New York
$219K +$222K +3,022 New
CFGS
412
Concourse Financial Group Securities
Alabama
$218K -$5.73K -78 -3%
XF
413
XML Financial
Maryland
$218K +$588 +8 +0.3%
GWM
414
Geneos Wealth Management
Colorado
$215K +$10.7K +145 +6%
AIC
415
Ameritas Investment Company
Nebraska
$207K +$210K +2,856 New
VWA
416
Visionary Wealth Advisors
Illinois
$206K +$209K +2,838 New
NAMP
417
NorthStar Asset Management (Pennsylvania)
Pennsylvania
$203K +$206K +2,800 New
GG
418
Gleason Group
Kentucky
$193K
TRCT
419
Tower Research Capital (TRC)
New York
$190K -$398K -5,418 -67%
JCM
420
Jacobi Capital Management
Pennsylvania
$181K +$27.9K +379 +18%
AWM
421
Avior Wealth Management
Nebraska
$175K -$10.4K -141 -5%
CFD
422
Creative Financial Designs
Indiana
$172K +$44.1K +600 +34%
HIIFS
423
Harel Insurance Investments & Financial Services
Israel
$167K +$169K +2,300 New
CMBA
424
C.M. Bidwell & Associates
Hawaii
$154K +$30.7K +418 +24%
AIP
425
Ameritas Investment Partners
Nebraska
$149K

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.