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PENN Entertainment

405 hedge funds and large institutions have $2.69B invested in PENN Entertainment in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 110 increasing their positions, 137 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more call options, than puts

Call options by funds: $248M | Put options by funds: $130M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4.95% more ownership

Funds ownership: 92.24%97.19% (+4.9%)

5% less funds holding

Funds holding: 426405 (-21)

20% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 137

21% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 78

26% less capital invested

Capital invested by funds: $3.64B → $2.69B (-$948M)

Holders
405
Holders Change
-21
Holders Change %
-4.93%
% of All Funds
5.83%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
62
Increased
110
Reduced
137
Closed
78
Calls
$248M
Puts
$130M
Net Calls
+$118M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
BCMLT
401
Beacon Capital Management LLC (Tennessee)
Tennessee
$36
PA
402
Pineridge Advisors
Missouri
$18 -$7.02K -340 -100%
FIA
403
FNY Investment Advisers
New York
$18 +$20.6K +1,000 New
Balyasny Asset Management
404
Balyasny Asset Management
Illinois
-$49.3M -2,386,459 Closed
WMSA
405
Weiss Multi-Strategy Advisers
New York
-$43.3M -1,665,153 Closed
Arrowstreet Capital
406
Arrowstreet Capital
Massachusetts
-$41M -1,573,895 Closed
N
407
Natixis
France
-$29M -1,113,179 Closed
NCA
408
Newbrook Capital Advisors
New York
-$27M -1,038,351 Closed
Fuller & Thaler Asset Management
409
Fuller & Thaler Asset Management
California
-$20.7M -795,434 Closed
MGCM
410
Mane Global Capital Management
New York
-$13.6M -521,702 Closed
Renaissance Technologies
411
Renaissance Technologies
New York
-$5.69M -218,548 Closed
Simplex Trading
412
Simplex Trading
Illinois
-$4.25M -205,989 Closed
ECM
413
Evergreen Capital Management
Washington
-$4.94M -189,728 Closed
PFC
414
Phocas Financial Corp
California
-$3.72M -143,130 Closed
FDC
415
Flight Deck Capital
California
-$3.51M -134,919 Closed
SFA
416
Source Financial Advisors
New York
-$3.38M -129,977 Closed
GAM
417
Gotham Asset Management
New York
-$2.98M -114,364 Closed
PMEF
418
Point72 Middle East FZE
United Arab Emirates
-$2.47M -94,865 Closed
BHCM
419
Boulder Hill Capital Management
New York
-$2.45M -94,000 Closed
PAMP
420
Polar Asset Management Partners
Ontario, Canada
-$2.38M -91,300 Closed
PI
421
PEAK6 Investments
Illinois
-$1.64M -79,308 Closed
Parallax Volatility Advisers
422
Parallax Volatility Advisers
California
-$1.16M -56,243 Closed
FAM
423
Fred Alger Management
New York
-$1.33M -51,100 Closed
JAIC
424
Josh Arnold Investment Consultant
Minnesota
-$1.33M -51,100 Closed
ICM
425
III Capital Management
Florida
-$1.3M -50,000 Closed

PENN Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2024, worth a combined $2.69B — down 26% from $3.64B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of PENN and 62 opened new positions — a net loss of 16 holders — while 137 trimmed existing stakes and 110 added.

The largest buyer was Shapiro Capital Management, adding an estimated $186M. The largest seller was BAMCO Inc, cutting an estimated $98.9M.

  • 405 institutional investors held PENN Entertainment (PENN) as of Q1 2024, down from 426 in Q4 2023.
  • Funds reported $2.69B of PENN Entertainment stock for Q1 2024, down 26% quarter-over-quarter.
  • 62 funds opened new PENN Entertainment positions in Q1 2024 and 78 closed out, a net change of -16 holders.
  • The largest PENN Entertainment buyer in Q1 2024 was Shapiro Capital Management, an estimated $186M added.
  • The largest PENN Entertainment seller in Q1 2024 was BAMCO Inc, an estimated $98.9M sold.

Based on aggregated 13F filings for Q1 2024.