We are live on ! Find out more
PENN icon

PENN Entertainment

284 hedge funds and large institutions have $1.25B invested in PENN Entertainment in 2020 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 73 increasing their positions, 78 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 55

20% more funds holding

Funds holding: 236284 (+48)

6% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 78

10.87% less ownership

Funds ownership: 94.31%83.45% (-11%)

24% less call options, than puts

Call options by funds: $40.7M | Put options by funds: $53.4M

55% less capital invested

Capital invested by funds: $2.79B → $1.25B (-$1.55B)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
284
Holders Change
+48
Holders Change %
+20.34%
% of All Funds
6.26%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.04%
New
106
Increased
73
Reduced
78
Closed
55
Calls
$40.7M
Puts
$53.4M
Net Calls
-$12.7M
Net Calls Change
-$24.4M
Name Holding Trade Value Shares
Change
Change in
Stake
EARNEST Partners
26
EARNEST Partners
Georgia
$8.51M +$679K +27,036 +4%
HIM
27
Hanlon Investment Management
New Jersey
$8.38M -$4.22M -167,759 -20%
State of Wisconsin Investment Board
28
State of Wisconsin Investment Board
Wisconsin
$7.08M -$1.69M -67,250 -11%
C
29
Chescapmanager
Maryland
$6.82M +$3.64M +145,000 +37%
N
30
Nuveen
North Carolina
$6.36M -$134M -5,346,541 -91%
IP
31
Interval Partners
New York
$6.3M +$12.5M +497,963 New
CTA
32
Carillon Tower Advisers
Florida
$6.27M -$27.3M -1,085,543 -64%
Lazard Asset Management
33
Lazard Asset Management
New York
$6.19M -$19.2M -763,500 -61%
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$5.9M +$8.04M +319,827 +219%
ACH
35
ArrowMark Colorado Holdings
Colorado
$5.66M -$1.26M -50,000 -10%
GLA
36
Great Lakes Advisors
Illinois
$5.63M -$67.4K -2,682 -0.6%
Thrivent Financial for Lutherans
37
Thrivent Financial for Lutherans
Minnesota
$4.84M +$8.91M +354,486 +1,245%
AQR Capital Management
38
AQR Capital Management
Connecticut
$4.74M +$9.41M +374,369 New
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$4.64M +$412K +16,389 +5%
AllianceBernstein
40
AllianceBernstein
Tennessee
$4.63M +$276 +11 +0%
Goldman Sachs
41
Goldman Sachs
New York
$4.62M -$9.43M -375,253 -51%
Principal Financial Group
42
Principal Financial Group
Iowa
$4.23M -$3.21M -127,903 -28%
PAM
43
Premier Asset Management
Illinois
$3.98M +$7.91M +314,945 New
DMC
44
Drexel Morgan & Co
Pennsylvania
$3.79M +$7.54M +300,000 New
Retirement Systems of Alabama
45
Retirement Systems of Alabama
Alabama
$3.72M +$3.82M +152,100 +107%
PCM
46
PAR Capital Management
Massachusetts
$3.5M -$7.92M -315,000 -53%
AIG
47
American International Group
New York
$3.49M -$40.8K -1,625 -0.6%
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
$3.34M +$5.37M +213,636 +425%
Jane Street
49
Jane Street
New York
$3.17M +$6.3M +250,897 New
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$3.14M -$6.12M -243,601 -50%

PENN Hedge Fund Activity: Q1 2020 in Review

284 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2020, worth a combined $1.25B — down 55% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new PENN positions and 55 closed out — a net gain of 51 holders — while 73 added to existing stakes and 78 trimmed.

The largest buyer was Eminence Capital, opening a new position worth an estimated $54.7M. The largest seller was Nuveen, cutting an estimated $134M.

  • 284 institutional investors held PENN Entertainment (PENN) as of Q1 2020, up from 236 in Q4 2019.
  • Funds reported $1.25B of PENN Entertainment stock for Q1 2020, down 55% quarter-over-quarter.
  • 106 funds opened new PENN Entertainment positions in Q1 2020 and 55 closed out, a net change of +51 holders.
  • The largest PENN Entertainment buyer in Q1 2020 was Eminence Capital, an estimated $54.7M added.
  • The largest PENN Entertainment seller in Q1 2020 was Nuveen, an estimated $134M sold.

Based on aggregated 13F filings for Q1 2020.