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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
CFA
501
Carroll Financial Associates
North Carolina
$16K
GAM
502
Gemmer Asset Management
California
$16K
GLLW
503
Graves Light Lenhart Wealth
Virginia
$16K
PWM
504
Prentice Wealth Management
New York
$15K
FCA
505
FinTrust Capital Advisors
South Carolina
$15K +$7.35K +100 +91%
UAML
506
US Asset Management LLC
Pennsylvania
$15K +$14.8K +202 New
AIM
507
Anchor Investment Management
South Carolina
$14.5K
BFEC
508
Benjamin F. Edwards & Company
Missouri
$14K
CA
509
Centerpoint Advisors
Massachusetts
$14K
SIM
510
Sonora Investment Management
Arizona
$14K
AP
511
Atwood & Palmer
Missouri
$14K +$14.7K +200 New
KIG
512
Kowal Investment Group
Wisconsin
$14K +$14.7K +200 New
GEA
513
Glen Eagle Advisors
New Jersey
$13.8K +$2.94K +40 +26%
HWMA
514
Heritage Wealth Management (Arizona)
Arizona
$13K -$3.67K -50 -22%
RCA
515
Ranch Capital Advisors
Florida
$13K
NFG
516
Next Financial Group
Texas
$13K +$1.47K +20 +13%
SAI
517
Systematic Alpha Investments
New Jersey
$13K +$13.4K +182 New
ODG
518
O'Dell Group
Ohio
$13K +$13.5K +183 New
CP
519
Corbenic Partners
Pennsylvania
$12K
HR
520
Howe & Rusling
New York
$12K
HCP
521
Hexagon Capital Partners
Arkansas
$12K +$515 +7 +4%
CAL
522
Capital Analysts LLC
Pennsylvania
$11K
CPA
523
Cowen Prime Advisors
New York
$11K
FPS
524
Fieldpoint Private Securities
Connecticut
$11K
TVWM
525
Tower View Wealth Management
Wisconsin
$11K +$11K +150 New

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.