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PENN Entertainment

381 hedge funds and large institutions have $3.02B invested in PENN Entertainment in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $331M | Put options by funds: $121M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

12% more capital invested

Capital invested by funds: $2.69B → $3.02B (+$321M)

5.01% more ownership

Funds ownership: 97.19%102.2% (+5%)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

6% less funds holding

Funds holding: 405381 (-24)

25% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 77

Holders
381
Holders Change
-24
Holders Change %
-5.93%
% of All Funds
5.5%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
58
Increased
107
Reduced
117
Closed
77
Calls
$331M
Puts
$121M
Net Calls
+$210M
Net Calls Change
+$91.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
51
Envestnet Asset Management
Illinois
$8.41M +$2.84M +167,164 +63%
Legal & General Group
52
Legal & General Group
United Kingdom
$7.9M +$3.21M +188,776 +86%
New York State Common Retirement Fund
53
New York State Common Retirement Fund
New York
$7.82M -$25.5K -1,500 -0.4%
Jennison Associates
54
Jennison Associates
New York
$7.29M +$6.4M +376,863 New
Pathstone Holdings
55
Pathstone Holdings
New Jersey
$6.93M +$1.29M +75,693 +27%
CIM
56
Contrarius Investment Management
Jersey
$6.58M -$9.66M -568,485 -63%
PCM
57
Peregrine Capital Management
Minnesota
$6.37M -$19.4K -1,145 -0.3%
Public Sector Pension Investment Board (PSP Investments)
58
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6.36M +$5.58M +328,761 New
PCM
59
Prelude Capital Management
New York
$6.35M +$185K +10,880 +3%
HCA
60
Harbor Capital Advisors
Illinois
$5.87M +$3.39M +199,465 +192%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
61
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$5.84M +$5.13M +301,800 New
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$5.8M -$1.94M -114,090 -28%
CC
63
Clearline Capital
New York
$5.61M +$3.12M +183,440 +173%
Canada Pension Plan Investment Board
64
Canada Pension Plan Investment Board
Ontario, Canada
$5.49M +$4.82M +283,600 New
Swiss National Bank
65
Swiss National Bank
Switzerland
$5.21M
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$5.15M +$256K +15,071 +6%
N
67
Nuveen
North Carolina
$5.04M -$3.61M -212,674 -45%
Natixis Advisors
68
Natixis Advisors
Massachusetts
$4.69M +$1.68M +99,016 +69%
UBS AM
69
UBS AM
Illinois
$4.69M +$1.45M +85,599 +55%
PRC
70
Pearl River Capital
Michigan
$4.66M +$3.33M +196,252 +440%
DCM
71
Driehaus Capital Management
Illinois
$4.53M +$3.98M +234,289 New
DC
72
Diametric Capital
Massachusetts
$3.93M -$360K -21,198 -9%
HAM
73
Hedges Asset Management
Nevada
$3.93M -$297K -17,500 -8%
JF
74
Jump Financial
Illinois
$3.92M +$2.13M +125,183 +162%
Walleye Trading
75
Walleye Trading
New York
$3.82M +$2.25M +132,565 +204%

PENN Hedge Fund Activity: Q2 2024 in Review

381 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2024, worth a combined $3.02B — up 12% from $2.69B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of PENN and 58 opened new positions — a net loss of 19 holders — while 117 trimmed existing stakes and 107 added.

The largest buyer was BlackRock, adding an estimated $89.4M. The largest seller was Shapiro Capital Management, cutting an estimated $57.7M.

  • 381 institutional investors held PENN Entertainment (PENN) as of Q2 2024, down from 405 in Q1 2024.
  • Funds reported $3.02B of PENN Entertainment stock for Q2 2024, up 12% quarter-over-quarter.
  • 58 funds opened new PENN Entertainment positions in Q2 2024 and 77 closed out, a net change of -19 holders.
  • The largest PENN Entertainment buyer in Q2 2024 was BlackRock, an estimated $89.4M added.
  • The largest PENN Entertainment seller in Q2 2024 was Shapiro Capital Management, an estimated $57.7M sold.

Based on aggregated 13F filings for Q2 2024.