We are live on ! Find out more
PENN icon

PENN Entertainment
PENN

444 hedge funds and large institutions have $3.65B invested in PENN Entertainment in 2022 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 124 increasing their positions, 159 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.33% more ownership

Funds ownership: 79.46% → 83.79% (+4.3%)

2% less call options, than puts

Call options by funds: $121M | Put options by funds: $123M

9% less capital invested

Capital invested by funds: $4.03B → $3.65B (-$374M)

10% less funds holding

Funds holding: 494 → 444 (-50)

22% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 159

25% less funds holding in top 10

Funds holding in top 10: 8 → 6 (-2)

46% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 95

Holders
444
Holders Change
-50
Holders Change %
-10.12%
% of All Funds
7.65%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.1%
New
51
Increased
124
Reduced
159
Closed
95
Calls
$121M
Puts
$123M
Net Calls
-$1.97M
Net Calls Change
+$41.2M

Top Buyers

1
Goldman Sachs
Goldman Sachs
New York
+$148M
2
BlackRock
BlackRock
New York
+$140M
3
HVCM
HG Vora Capital Management
New York
+$129M
4
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$18.5M
5
Bank of America
Bank of America
North Carolina
+$17.4M

Top Sellers

1
Vanguard Group
Vanguard Group
Pennsylvania
-$108M
2
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$66M
3
Invesco
Invesco
Georgia
-$49M
4
CIM
Contrarius Investment Management
Jersey
-$46.4M
5
LPC
Long Pond Capital
New York
-$39M
Name Holding Trade Value Shares
Change 		Change in
Stake
AIP
501
Ahrens Investment Partners
Louisiana
– -$9K -300 Closed
SN
502
Sittner & Nelson
Oregon
– -$9K -292 Closed
SOW
503
State of Wyoming
Wyoming
– -$9K -290 Closed
CWC
504
Carolinas Wealth Consulting
North Carolina
– -$9K -288 Closed
TCWM
505
Total Clarity Wealth Management
Illinois
– -$8K -250 Closed
MCM
506
Manchester Capital Management
Vermont
– -$6K -198 Closed
GLLW
507
Graves Light Lenhart Wealth
Virginia
– -$5K -168 Closed
EWA
508
EverSource Wealth Advisors
Alabama
– -$4.13K -128 Closed
KOCAA
509
Knights of Columbus Asset Advisors
Connecticut
– -$3K -106 Closed
CWP
510
Concord Wealth Partners
Virginia
– -$3K -102 Closed
STCOSD
511
Sageworth Trust Company of South Dakota
South Dakota
– -$3K -88 Closed
EC
512
Elequin Capital
New York
– -$2K -77 Closed
RIM
513
Rockbridge Investment Management
New York
– -$2.28K -75 Closed
BBPWM
514
Blue Bell Private Wealth Management
Pennsylvania
– -$2K -60 Closed
AAP
515
Arax Advisory Partners
Colorado
– -$1K -42 Closed
TWA
516
TCI Wealth Advisors
Arizona
– -$1.32K -41 -77%
LFA
517
Level Financial Advisors
New York
– -$1K -38 Closed
SC
518
Sierra Capital
Florida
– -$872 -27 Closed
WA
519
WestEnd Advisors
North Carolina
– -$30 -1 Closed
DFCM
520
Dark Forest Capital Management
Puerto Rico
– +$65 +2 New
DWA
521
Delos Wealth Advisors
Texas
– +$194 +6 New
HGERS
522
Householder Group Estate & Retirement Specialist
Arizona
– +$1.03K +32 New
17 18 19 20
21

PENN Hedge Fund Activity: Q3 2022 in Review

444 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2022, worth a combined $3.65B — down 9.3% from $4.03B a quarter earlier.

Sellers outnumbered buyers: 95 funds closed out of PENN and 51 opened new positions — a net loss of 44 holders — while 159 trimmed existing stakes and 124 added.

The largest buyer was Goldman Sachs, adding an estimated $148M. The largest seller was Vanguard Group, cutting an estimated $108M.

  • 444 institutional investors held PENN Entertainment (PENN) as of Q3 2022, down from 494 in Q2 2022.
  • Funds reported $3.65B of PENN Entertainment stock for Q3 2022, down 9.3% quarter-over-quarter.
  • 51 funds opened new PENN Entertainment positions in Q3 2022 and 95 closed out, a net change of -44 holders.
  • The largest PENN Entertainment buyer in Q3 2022 was Goldman Sachs, an estimated $148M added.
  • The largest PENN Entertainment seller in Q3 2022 was Vanguard Group, an estimated $108M sold.

Based on aggregated 13F filings for Q3 2022.