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PENN Entertainment

170 hedge funds and large institutions have $814M invested in PENN Entertainment in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 43 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 43

1% less capital invested

Capital invested by funds: $822M → $814M (-$8.14M)

9% less funds holding

Funds holding: 186170 (-16)

13% less call options, than puts

Call options by funds: $802K | Put options by funds: $918K

39% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
170
Holders Change
-16
Holders Change %
-8.6%
% of All Funds
4.89%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
23
Increased
74
Reduced
43
Closed
38
Calls
$802K
Puts
$918K
Net Calls
-$116K
Net Calls Change
-$5.77M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$7.21M +$5.7M +482,000 +430%
RCMC
27
RK Capital Management (Colorado)
Colorado
$6.25M -$7.32M -619,800 -55%
TCIM
28
TIAA CREF Investment Management
New York
$5.49M +$3.12M +263,970 +140%
N
29
Nuveen
North Carolina
$5.41M +$1.03M +86,849 +24%
PAM
30
Panagora Asset Management
Massachusetts
$5.08M +$915K +77,403 +23%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$5.04M +$690K +58,371 +16%
Northern Trust
32
Northern Trust
Illinois
$4.81M +$1.08M +91,520 +30%
Federated Hermes
33
Federated Hermes
Pennsylvania
$4.73M +$1.3M +109,600 +39%
OAM
34
Oxford Asset Management
United Kingdom
$4.63M -$3.48M -294,691 -43%
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
$4.16M -$5.21M -440,566 -56%
Stifel Financial
36
Stifel Financial
Missouri
$4.1M +$196K +16,585 +5%
RFC
37
Russell Frank Company
Washington
$3.35M +$755K +63,856 +25%
ESBC
38
E.S. Barr & Co
Kentucky
$3.16M -$1.26M -106,835 -29%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$3.13M -$24.8K -2,100 -0.8%
BIM
40
BlackRock Investment Management
Delaware
$2.98M +$2.52M +212,923 +663%
Invesco
41
Invesco
Georgia
$2.89M +$66.2K +5,602 +2%
AIG
42
American International Group
New York
$2.88M +$477K +40,342 +20%
CS
43
Credit Suisse
Switzerland
$2.62M +$1.33M +112,647 +110%
BCM
44
Bridgeway Capital Management
Texas
$2.54M +$1.23M +104,300 +99%
OAC
45
OMERS Administration Corp
Ontario, Canada
$2.47M +$2.4M +203,500 New
SAM
46
Scopus Asset Management
New York
$2.43M +$147K +12,400 +7%
Wells Fargo
47
Wells Fargo
California
$2.35M +$31.1K +2,629 +1%
RJA
48
Raymond James & Associates
Florida
$2.17M +$126K +10,653 +6%
Connor, Clark & Lunn Investment Management (CC&L)
49
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.12M +$194K +16,400 +11%
Goldman Sachs
50
Goldman Sachs
New York
$2.08M +$1.13M +95,393 +125%

PENN Hedge Fund Activity: Q2 2014 in Review

170 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2014, worth a combined $814M — down 0.99% from $822M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PENN and 23 opened new positions — a net loss of 15 holders — while 43 trimmed existing stakes and 74 added.

The largest buyer was BlackRock Fund Advisors, adding an estimated $15M. The largest seller was Greenlight Capital, exiting entirely with an estimated $24.6M sold.

  • 170 institutional investors held PENN Entertainment (PENN) as of Q2 2014, down from 186 in Q1 2014.
  • Funds reported $814M of PENN Entertainment stock for Q2 2014, down 0.99% quarter-over-quarter.
  • 23 funds opened new PENN Entertainment positions in Q2 2014 and 38 closed out, a net change of -15 holders.
  • The largest PENN Entertainment buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $15M added.
  • The largest PENN Entertainment seller in Q2 2014 was Greenlight Capital, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2014.