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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
KFS
451
Kelly Financial Services
Massachusetts
$83.5K -$6.39M -86,964 -99%
HWM
452
HighMark Wealth Management
Minnesota
$81K +$6.54K +89 +9%
Schroder Investment Management Group
453
Schroder Investment Management Group
United Kingdom
$77K
FMII
454
Farmers & Merchants Investments Inc
Nebraska
$76K +$75.6K +1,028 +4,673%
PA
455
Parallel Advisors
California
$75K +$25.3K +344 +50%
HIA
456
Harbor Investment Advisory
Maryland
$73K -$49.6K -675 -40%
CFA
457
Cahill Financial Advisors
Minnesota
$73K +$74.2K +1,010 New
WA
458
WestEnd Advisors
North Carolina
$72K
CPWM
459
Cypress Point Wealth Management
Texas
$69K
GWSG
460
GPS Wealth Strategies Group
Colorado
$69K
NFSG
461
Newbridge Financial Services Group
Florida
$69K +$69.8K +950 New
NSIM
462
North Star Investment Management
Illinois
$65K
TF
463
TimeScale Financial
Massachusetts
$64K
TFS
464
TrustCore Financial Services
Tennessee
$63K -$18.4K -250 -22%
COCM
465
Charter Oak Capital Management
New Hampshire
$61K
RAM
466
Riggs Asset Management
Pennsylvania
$58K
MIFH
467
Migdal Insurance & Financial Holdings
Israel
$57K -$65.6K -892 -53%
BFC
468
Bedel Financial Consulting
Indiana
$51K +$2.5K +34 +5%
KTC
469
Kistler-Tiffany Companies
Pennsylvania
$51K +$11.3K +154 +28%
GRP
470
Global Retirement Partners
California
$51K +$12.1K +165 +31%
BCA
471
Berman Capital Advisors
Georgia
$47K +$29K +395 +156%
AIC
472
Archer Investment Corporation
Indiana
$46.2K
ST
473
Sageworth Trust
Pennsylvania
$46K
JPLA
474
Joseph P. Lucia & Associates
New York
$43K +$3.31K +45 +8%
CA
475
Crewe Advisors
Utah
$43K +$7.35K +100 +20%

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.