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PENN Entertainment

173 hedge funds and large institutions have $793M invested in PENN Entertainment in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

644% more call options, than puts

Call options by funds: $15.7M | Put options by funds: $2.11M

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

2% more funds holding

Funds holding: 170173 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $814M → $793M (-$20.4M)

5% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 60

Holders
173
Holders Change
+3
Holders Change %
+1.76%
% of All Funds
5.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
57
Reduced
60
Closed
18
Calls
$15.7M
Puts
$2.11M
Net Calls
+$13.6M
Net Calls Change
+$13.7M
Name Holding Trade Value Shares
Change
Change in
Stake
RCMC
26
RK Capital Management (Colorado)
Colorado
$6.22M +$452K +40,100 +8%
Bank of America
27
Bank of America
North Carolina
$6.06M +$5.64M +500,360 +1,232%
PAM
28
Panagora Asset Management
Massachusetts
$5.03M +$347K +30,791 +7%
Federated Hermes
29
Federated Hermes
Pennsylvania
$4.97M +$609K +54,000 +14%
Morgan Stanley
30
Morgan Stanley
New York
$4.84M +$3.95M +349,928 +425%
N
31
Nuveen
North Carolina
$4.65M -$352K -31,241 -7%
Two Sigma Investments
32
Two Sigma Investments
New York
$4.64M -$3.39M -300,344 -42%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$4.32M -$337K -29,843 -7%
CS
34
Credit Suisse
Switzerland
$3.98M +$1.58M +139,821 +65%
TCIM
35
TIAA CREF Investment Management
New York
$3.86M -$1.22M -108,232 -24%
CCA
36
Catalyst Capital Advisors
New York
$3.03M +$1.35M +120,000 +80%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$2.99M +$99.3K +8,800 +3%
BIM
38
BlackRock Investment Management
Delaware
$2.78M +$32.2K +2,853 +1%
AIG
39
American International Group
New York
$2.62M -$38.5K -3,417 -1%
HIM
40
Hanlon Investment Management
New Jersey
$2.38M +$564K +50,000 +31%
BCM
41
Bridgeway Capital Management
Texas
$2.35M
ESBC
42
E.S. Barr & Co
Kentucky
$2.08M -$852K -75,487 -29%
RJA
43
Raymond James & Associates
Florida
$2.03M +$24.7K +2,190 +1%
Robeco Institutional Asset Management
44
Robeco Institutional Asset Management
Netherlands
$1.98M +$85.5K +7,575 +4%
Invesco
45
Invesco
Georgia
$1.98M -$692K -61,324 -26%
FIG
46
Fortress Investment Group
New York
$1.77M
IGIM
47
I.G. Investment Management
Manitoba, Canada
$1.69M +$253K +22,400 +17%
LCM
48
Leonard Capital Management
Florida
$1.68M +$1.69M +149,865 New
NFA
49
Nationwide Fund Advisors
Ohio
$1.67M +$926K +82,042 +123%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$1.63M +$18.3K +1,624 +1%

PENN Hedge Fund Activity: Q3 2014 in Review

173 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2014, worth a combined $793M — down 2.5% from $814M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PENN positions and 18 closed out — a net gain of 3 holders — while 57 added to existing stakes and 60 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $30.2M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $14.7M sold.

  • 173 institutional investors held PENN Entertainment (PENN) as of Q3 2014, up from 170 in Q2 2014.
  • Funds reported $793M of PENN Entertainment stock for Q3 2014, down 2.5% quarter-over-quarter.
  • 21 funds opened new PENN Entertainment positions in Q3 2014 and 18 closed out, a net change of +3 holders.
  • The largest PENN Entertainment buyer in Q3 2014 was Balyasny Asset Management, an estimated $30.2M added.
  • The largest PENN Entertainment seller in Q3 2014 was Westfield Capital Management, an estimated $14.7M sold.

Based on aggregated 13F filings for Q3 2014.