PENN Entertainment
PENN
183 hedge funds and large institutions have $1.05B invested in PENN Entertainment in 2014 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 26 closing their positions.
1,149% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $1.67M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 26
32% more capital invested
Capital invested by funds: $793M → $1.05B (+$255M)
10% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 49
6% more funds holding
Funds holding: 173 → 183 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$20.7M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$19.1M |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$16.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$22.5M |
| 2 |
Millennium Management
New York
|
-$15.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.77M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$8.14M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$6.34M |
PENN Hedge Fund Activity: Q4 2014 in Review
183 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2014, worth a combined $1.05B — up 32% from $793M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PENN positions and 26 closed out — a net gain of 11 holders — while 54 added to existing stakes and 49 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $20.7M. The largest seller was Harris Associates, cutting an estimated $22.5M.
- 183 institutional investors held PENN Entertainment (PENN) as of Q4 2014, up from 173 in Q3 2014.
- Funds reported $1.05B of PENN Entertainment stock for Q4 2014, up 32% quarter-over-quarter.
- 37 funds opened new PENN Entertainment positions in Q4 2014 and 26 closed out, a net change of +11 holders.
- The largest PENN Entertainment buyer in Q4 2014 was Scopus Asset Management, an estimated $20.7M added.
- The largest PENN Entertainment seller in Q4 2014 was Harris Associates, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2014.