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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
AA
426
AlphaMark Advisors
Kentucky
$145K +$26.5K +360 +22%
LAM
427
Lountzis Asset Management
Pennsylvania
$142K +$8.53K +116 +6%
FMT
428
First Mercantile Trust
Tennessee
$130K +$11.7K +159 +10%
SIAP
429
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$128K +$14.7K +200 +13%
OSAM
430
O'Shaughnessy Asset Management
Connecticut
$123K -$249K -3,384 -67%
Asset Management One
431
Asset Management One
Japan
$120K -$114K -1,548 -48%
GWS
432
Glassman Wealth Services
Virginia
$119K +$735 +10 +0.6%
GWMIA
433
Global Wealth Management Investment Advisory
Florida
$118K +$2.35K +32 +2%
AF
434
Arrow Financial
New York
$111K +$113K +1,535 New
BAM
435
Belpointe Asset Management
Nevada
$110K +$112K +1,517 New
S
436
SignatureFD
Georgia
$106K +$1.69K +23 +2%
IRAG
437
Investment Research & Advisory Group
Georgia
$106K +$18.4K +250 +21%
SWM
438
Spire Wealth Management
Virginia
$102K -$21.5K -292 -17%
CA
439
Clearstead Advisors
Ohio
$102K +$52K +707 +101%
KPCM
440
Kings Point Capital Management
New York
$99K +$14.7K +200 +17%
PFGIA
441
Patriot Financial Group Insurance Agency
Massachusetts
$98K +$9.04K +123 +10%
SIM
442
Sentry Investment Management
Wisconsin
$96K -$14.2K -193 -13%
AA
443
Ancora Advisors
Ohio
$95K +$294 +4 +0.3%
SC
444
Solstein Capital
California
$93K -$90.8K -1,235 -49%
Federated Hermes
445
Federated Hermes
Pennsylvania
$92K -$515K -7,012 -85%
Nomura Asset Management
446
Nomura Asset Management
Japan
$90.6K +$91.9K +1,250 New
Daiwa Securities Group
447
Daiwa Securities Group
Japan
$89K +$16.7K +227 +23%
HI
448
Hudock Inc
Pennsylvania
$88K
NL
449
NKCFO LLC
Illinois
$87K -$485K -6,600 -85%
MPWT
450
MassMutual Private Wealth & Trust
Connecticut
$87K -$2.43K -33 -3%

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.