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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
EW
551
Evoke Wealth
California
$6K +$3.53K +48 +130%
SWA
552
SOA Wealth Advisors
New York
$5K -$16.5K -224 -73%
RIM
553
Rockbridge Investment Management
New York
$5K
RF
554
Robbins Farley
New Hampshire
$5K +$5.51K +75 New
TG
555
TCW Group
California
$4.87K -$1.3M -17,751 -21%
LC
556
Lindbrook Capital
California
$4K -$2.13K -29 -35%
CWA
557
Carolina Wealth Advisors
South Carolina
$4K
IRC
558
Investors Research Corp
Georgia
$4K
LWANC
559
Laurel Wealth Advisors (North Carolina)
North Carolina
$4K
TIM
560
Tortoise Investment Management
New York
$4K
TC
561
Trust Company
Kansas
$4K
MCM
562
MV Capital Management
Maryland
$4K +$3.23K +44 +629%
PA
563
PSI Advisors
Florida
$4K +$4.04K +55 New
FMP
564
Financial Management Professionals
Texas
$3K
PWMG
565
Prestige Wealth Management Group
New Jersey
$3K
WAS
566
Winch Advisory Services
Wisconsin
$3K
PMFA
567
Plante Moran Financial Advisors
Michigan
$3K +$735 +10 +27%
Nisa Investment Advisors
568
Nisa Investment Advisors
Missouri
$2.89K +$382K +5,200 +15%
DOA
569
D'Orazio & Associates
Virginia
$2K -$71.5K -972 -97%
First Manhattan
570
First Manhattan
New York
$2K
AWM
571
Atticus Wealth Management
Florida
$2K +$809 +11 +73%
ME
572
McIlrath & Eck
Washington
$2K +$1.03K +14 +93%
WQ
573
Wealth Quarterback
New Jersey
$2K +$1.1K +15 New
BIA
574
Bell Investment Advisors
California
$2K +$1.62K +22 New
DSC
575
Duncker Streett & Co
Missouri
$2K +$1.62K +22 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.