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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
CM
426
Caption Management
Oklahoma
-$107K -5,900 Closed
DekaBank Deutsche Girozentrale
427
DekaBank Deutsche Girozentrale
Germany
-$43K -2,387 Closed
FHA
428
First Horizon Advisors
Tennessee
-$27.5K -1,510 Closed
A
429
AlphaQuest
New York
-$24.1K -1,325 Closed
BAM
430
Byrne Asset Management
New Jersey
-$23.7K -1,300 Closed
FIM
431
Fernwood Investment Management
Massachusetts
-$18.2K -1,000 Closed
FIA
432
FNY Investment Advisers
New York
-$18 -1,000 Closed
SIC
433
Salem Investment Counselors
North Carolina
-$5.46K -300 Closed
CI Investments Inc
434
CI Investments Inc
Ontario, Canada
-$5K -299 Closed
EC
435
Elequin Capital
New York
-$4.84K -266 Closed
BHWM
436
Bay Harbor Wealth Management
Maryland
-$4.83K -265 Closed
ST
437
Smithfield Trust
Pennsylvania
-$3K -217 Closed
NC
438
NewSquare Capital
Pennsylvania
-$2.62K -144 Closed
SRCM
439
Signature Resources Capital Management
California
-$3.75K -144 Closed
MAWCM
440
Mine & Arao Wealth Creation & Management
California
-$2.28K -125 Closed
OPTFSNA
441
Old Point Trust & Financial Services N A
Virginia
-$1.82K -100 Closed
UB
442
UMB Bank
Missouri
-$1.53K -84 Closed
CIA
443
Cape Investment Advisory
Georgia
-$1.37K -75 Closed
ACA
444
American Capital Advisory
Idaho
-$1.48K -50 Closed
SC
445
SouthState Corp
Florida
-$619 -34 Closed
DJSG
446
D.J. St. Germain
Massachusetts
-$419 -23 Closed
RA
447
Ransom Advisory
Rhode Island
-$364 -20 Closed
BF
448
BOK Financial
Oklahoma
-$274 -15 Closed
BBHC
449
Brown Brothers Harriman & Co
New York
-$273 -15 Closed
CA
450
CoreCap Advisors
Michigan
-$219 -12 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.