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PENN Entertainment

195 hedge funds and large institutions have $1.35B invested in PENN Entertainment in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 80 increasing their positions, 52 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,003% more call options, than puts

Call options by funds: $17.6M | Put options by funds: $1.59M

54% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 52

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

1% more funds holding

Funds holding: 193195 (+2)

2% more capital invested

Capital invested by funds: $1.33B → $1.35B (+$21.1M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
195
Holders Change
+2
Holders Change %
+1.04%
% of All Funds
5.2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
30
Increased
80
Reduced
52
Closed
27
Calls
$17.6M
Puts
$1.59M
Net Calls
+$16M
Net Calls Change
+$1.13M
Name Holding Trade Value Shares
Change
Change in
Stake
CP
26
Covalent Partners
Massachusetts
$13.7M -$4.33M -302,000 -27%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$13.5M +$1.81M +126,499 +19%
Dimensional Fund Advisors
28
Dimensional Fund Advisors
Texas
$13M
EMFAT
29
Emerald Mutual Fund Advisers Trust
Pennsylvania
$11.3M +$1.57M +109,230 +19%
BIM
30
Bogle Investment Management
Massachusetts
$11M +$879K +61,311 +10%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$11M
PPA
32
Parametric Portfolio Associates
Washington
$10.3M -$485K -33,869 -5%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$9.74M +$2.1M +146,352 +33%
HIM
34
Hanlon Investment Management
New Jersey
$8.97M +$4.44M +310,000 +136%
Allianz Asset Management
35
Allianz Asset Management
Germany
$8.82M +$1.53M +106,999 +25%
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$8.8M +$1.87M +130,297 +33%
CM
37
Castleark Management
Illinois
$8.38M -$1.03M -72,191 -13%
Marshall Wace
38
Marshall Wace
United Kingdom
$8.28M +$4.81M +335,380 +208%
SFM
39
Systematic Financial Management
New Jersey
$8.11M +$1.51M +105,310 +28%
ACM
40
Addison Clark Management
Connecticut
$7.91M +$1.58M +110,261 +30%
Charles Schwab
41
Charles Schwab
California
$7.45M +$696K +48,583 +12%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$7.44M -$1.02M -70,866 -14%
Barclays
43
Barclays
United Kingdom
$5.87M +$5.12M +356,993 +3,634%
TCIM
44
TIAA CREF Investment Management
New York
$5.79M -$507K -35,356 -9%
Federated Hermes
45
Federated Hermes
Pennsylvania
$5.77M +$1.12M +78,086 +29%
WRF
46
Waddell & Reed Financial
Kansas
$5.56M +$1.76M +122,453 +58%
Citadel Advisors
47
Citadel Advisors
Florida
$5.37M -$36.9K -2,575 -0.8%
BIM
48
BlackRock Investment Management
Delaware
$5.15M +$126K +8,777 +3%
Two Sigma Investments
49
Two Sigma Investments
New York
$5.12M -$550K -38,394 -11%
SC
50
Shellback Capital
Massachusetts
$5.12M +$4.39M +306,460 New

PENN Hedge Fund Activity: Q1 2016 in Review

195 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2016, worth a combined $1.35B — up 1.6% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PENN positions and 27 closed out — a net gain of 3 holders — while 80 added to existing stakes and 52 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $13.8M. The largest seller was Fiduciary Management Associates, exiting entirely with an estimated $23M sold.

  • 195 institutional investors held PENN Entertainment (PENN) as of Q1 2016, up from 193 in Q4 2015.
  • Funds reported $1.35B of PENN Entertainment stock for Q1 2016, up 1.6% quarter-over-quarter.
  • 30 funds opened new PENN Entertainment positions in Q1 2016 and 27 closed out, a net change of +3 holders.
  • The largest PENN Entertainment buyer in Q1 2016 was Balyasny Asset Management, an estimated $13.8M added.
  • The largest PENN Entertainment seller in Q1 2016 was Fiduciary Management Associates, an estimated $23M sold.

Based on aggregated 13F filings for Q1 2016.