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PENN Entertainment

405 hedge funds and large institutions have $2.69B invested in PENN Entertainment in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 110 increasing their positions, 137 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more call options, than puts

Call options by funds: $248M | Put options by funds: $130M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4.95% more ownership

Funds ownership: 92.24%97.19% (+4.9%)

5% less funds holding

Funds holding: 426405 (-21)

20% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 137

21% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 78

26% less capital invested

Capital invested by funds: $3.64B → $2.69B (-$948M)

Holders
405
Holders Change
-21
Holders Change %
-4.93%
% of All Funds
5.83%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
62
Increased
110
Reduced
137
Closed
78
Calls
$248M
Puts
$130M
Net Calls
+$118M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
M2MC
51
Matthew 25 Management Corp
Pennsylvania
$5.28M -$2.89M -140,000 -33%
Pathstone Holdings
52
Pathstone Holdings
New Jersey
$5.14M +$5.53M +267,992 +1,886%
Jane Street
53
Jane Street
New York
$5.05M -$13.4M -649,956 -70%
Swiss National Bank
54
Swiss National Bank
Switzerland
$4.9M -$564K -27,300 -9%
Envestnet Asset Management
55
Envestnet Asset Management
Illinois
$4.87M +$180K +8,738 +3%
Holocene Advisors
56
Holocene Advisors
New York
$4.86M +$2.78M +134,484 +101%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$4.57M -$242K -11,709 -4%
AllianceBernstein
58
AllianceBernstein
Tennessee
$4.24M +$425K +20,575 +10%
State of Wisconsin Investment Board
59
State of Wisconsin Investment Board
Wisconsin
$4.23M -$691K -33,472 -13%
BPA
60
Beacon Pointe Advisors
California
$4.12M -$2.33M -112,847 -33%
CS
61
Credit Suisse
Switzerland
$4.11M -$407K -19,699 -8%
DC
62
Diametric Capital
Massachusetts
$4.09M +$1.79M +86,824 +63%
HAM
63
Hedges Asset Management
Nevada
$4.01M +$423K +20,500 +10%
Legal & General Group
64
Legal & General Group
United Kingdom
$4M -$83.7K -4,055 -2%
Wellington Management Group
65
Wellington Management Group
Massachusetts
$3.91M -$8.53M -413,117 -66%
1M
66
13D Management
New York
$3.69M +$4.18M +202,503 New
HSBC Holdings
67
HSBC Holdings
United Kingdom
$3.68M -$16.5M -798,542 -80%
HF
68
HRT Financial
New York
$3.68M +$4.18M +202,208 New
DCP
69
Diameter Capital Partners
New York
$3.64M +$4.13M +200,000 New
DSCM
70
Divisadero Street Capital Management
Florida
$3.64M +$4.13M +200,000 New
Walleye Capital
71
Walleye Capital
New York
$3.63M -$874K -42,309 -18%
AIG
72
American International Group
New York
$3.59M -$160K -7,750 -4%
RAM
73
Readystate Asset Management
Illinois
$3.59M +$931K +45,076 +30%
Point72 Asset Management
74
Point72 Asset Management
Connecticut
$3.56M +$4.04M +195,608 New
SG Americas Securities
75
SG Americas Securities
New York
$3.51M +$3.98M +192,788 New

PENN Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2024, worth a combined $2.69B — down 26% from $3.64B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of PENN and 62 opened new positions — a net loss of 16 holders — while 137 trimmed existing stakes and 110 added.

The largest buyer was Shapiro Capital Management, adding an estimated $186M. The largest seller was BAMCO Inc, cutting an estimated $98.9M.

  • 405 institutional investors held PENN Entertainment (PENN) as of Q1 2024, down from 426 in Q4 2023.
  • Funds reported $2.69B of PENN Entertainment stock for Q1 2024, down 26% quarter-over-quarter.
  • 62 funds opened new PENN Entertainment positions in Q1 2024 and 78 closed out, a net change of -16 holders.
  • The largest PENN Entertainment buyer in Q1 2024 was Shapiro Capital Management, an estimated $186M added.
  • The largest PENN Entertainment seller in Q1 2024 was BAMCO Inc, an estimated $98.9M sold.

Based on aggregated 13F filings for Q1 2024.