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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
LFG
526
Larson Financial Group
Missouri
$10K -$23.7K -322 -70%
LWCFA
527
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$10K
MAWCM
528
Mine & Arao Wealth Creation & Management
California
$10K
ST
529
Smithfield Trust
Pennsylvania
$10K
GKWIM
530
Gerber Kawasaki Wealth & Investment Management
California
$9K -$342K -4,658 -100%
IFAM
531
Institutional & Family Asset Management
Colorado
$9K -$8.31K -113 -49%
FNBOSM
532
First National Bank of South Miami
Florida
$9K
WTC
533
WhitTier Trust Company
Nevada
$9K
IWP
534
IAG Wealth Partners
Wisconsin
$8K
PFA
535
Professional Financial Advisors
Nebraska
$8K
WBC
536
West Branch Capital
Massachusetts
$8K
DAM
537
Delta Asset Management
Tennessee
$8K +$3.67K +50 +91%
FF
538
FourThought Financial
Florida
$8K +$5.81K +79 +176%
FHA
539
First Horizon Advisors
Tennessee
$8K +$7.79K +106 New
SAM
540
Strategic Asset Management
Minnesota
$8K +$8.16K +111 New
TPCW
541
TD Private Client Wealth
New York
$7.39K -$5.22K -71 -41%
Parallax Volatility Advisers
542
Parallax Volatility Advisers
California
$7K -$218K -2,960 -97%
PFBT
543
Parkside Financial Bank & Trust
Missouri
$7K -$37.9K -515 -85%
AWM
544
Accel Wealth Management
Iowa
$7K
CWP
545
Concord Wealth Partners
Virginia
$7K
JWBC
546
John W. Brooker & Co
California
$7K
SWM
547
Sugarloaf Wealth Management
Georgia
$7K
IWA
548
IBEX Wealth Advisors
New Jersey
$7K +$7.35K +100 New
PFPT
549
Pinnacle Financial Partners (Tennessee)
Tennessee
$7K +$7.35K +100 New
TF
550
Tompkins Financial
New York
$7K +$7.35K +100 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.