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PENN Entertainment

173 hedge funds and large institutions have $793M invested in PENN Entertainment in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

644% more call options, than puts

Call options by funds: $15.7M | Put options by funds: $2.11M

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

2% more funds holding

Funds holding: 170173 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $814M → $793M (-$20.4M)

5% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 60

Holders
173
Holders Change
+3
Holders Change %
+1.76%
% of All Funds
5.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
57
Reduced
60
Closed
18
Calls
$15.7M
Puts
$2.11M
Net Calls
+$13.6M
Net Calls Change
+$13.7M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
76
Highbridge Capital Management
New York
$695K +$699K +61,975 New
GAM
77
Gotham Asset Management
New York
$687K -$1.19M -105,202 -63%
Deutsche Bank
78
Deutsche Bank
Germany
$682K +$493K +43,710 +254%
Daiwa Securities Group
79
Daiwa Securities Group
Japan
$667K -$90.2K -8,000 -12%
EMG
80
Ellington Management Group
Connecticut
$667K +$511K +45,300 +319%
OAC
81
OMERS Administration Corp
Ontario, Canada
$654K -$1.64M -145,200 -71%
UMA
82
USA Mutuals Advisors
Texas
$650K
SG Americas Securities
83
SG Americas Securities
New York
$631K +$257K +22,774 +68%
Legal & General Group
84
Legal & General Group
United Kingdom
$616K +$448K +39,744 +268%
MC
85
Menta Capital
California
$610K +$118K +10,500 +24%
Point72 Asset Management
86
Point72 Asset Management
Connecticut
$597K +$601K +53,300 New
HI
87
HBK Investments
Texas
$591K +$595K +52,700 New
Stifel Financial
88
Stifel Financial
Missouri
$585K -$3.22M -285,676 -85%
JG
89
Jefferies Group
New York
$561K +$564K +50,000 New
Tudor Investment Corp
90
Tudor Investment Corp
Connecticut
$537K +$541K +47,938 New
VAM
91
Visium Asset Management
New York
$532K +$108K +9,588 +25%
BNP Paribas Financial Markets
92
BNP Paribas Financial Markets
France
$528K +$124K +10,967 +30%
Connor, Clark & Lunn Investment Management (CC&L)
93
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$511K -$1.33M -118,200 -72%
CP
94
Centerbridge Partners
New York
$499K
GKFF
95
George Kaiser Family Foundation
Oklahoma
$498K
BA
96
BlackRock Advisors
Delaware
$495K -$11K -971 -2%
ProShare Advisors
97
ProShare Advisors
Maryland
$478K -$81.4K -7,219 -14%
UBS AM
98
UBS AM
Illinois
$477K +$51.9K +4,600 +12%
VOYA Investment Management
99
VOYA Investment Management
Georgia
$473K
PAM
100
Princeton Alpha Management
New Jersey
$441K +$444K +39,337 New

PENN Hedge Fund Activity: Q3 2014 in Review

173 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2014, worth a combined $793M — down 2.5% from $814M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PENN positions and 18 closed out — a net gain of 3 holders — while 57 added to existing stakes and 60 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $30.2M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $14.7M sold.

  • 173 institutional investors held PENN Entertainment (PENN) as of Q3 2014, up from 170 in Q2 2014.
  • Funds reported $793M of PENN Entertainment stock for Q3 2014, down 2.5% quarter-over-quarter.
  • 21 funds opened new PENN Entertainment positions in Q3 2014 and 18 closed out, a net change of +3 holders.
  • The largest PENN Entertainment buyer in Q3 2014 was Balyasny Asset Management, an estimated $30.2M added.
  • The largest PENN Entertainment seller in Q3 2014 was Westfield Capital Management, an estimated $14.7M sold.

Based on aggregated 13F filings for Q3 2014.