We are live on ! Find out more
PENN icon

PENN Entertainment
PENN

195 hedge funds and large institutions have $1.35B invested in PENN Entertainment in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 80 increasing their positions, 52 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,003% more call options, than puts

Call options by funds: $17.6M | Put options by funds: $1.59M

54% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 52

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

1% more funds holding

Funds holding: 193 → 195 (+2)

2% more capital invested

Capital invested by funds: $1.33B → $1.35B (+$21.1M)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
195
Holders Change
+2
Holders Change %
+1.04%
% of All Funds
5.2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
30
Increased
80
Reduced
52
Closed
27
Calls
$17.6M
Puts
$1.59M
Net Calls
+$16M
Net Calls Change
+$1.13M

Top Buyers

1
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$13.8M
2
MP
Manikay Partners
New York
+$12.9M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$9.16M
4
Renaissance Technologies
Renaissance Technologies
New York
+$7.2M
5
FAM
Fred Alger Management
New York
+$5.95M

Top Sellers

1
FMA
Fiduciary Management Associates
Illinois
-$23M
2
LCM
Lomas Capital Management
New York
-$19.3M
3
PCM
PAR Capital Management
Massachusetts
-$16.8M
4
Millennium Management
Millennium Management
New York
-$14.8M
5
PC
PointState Capital
New York
-$13.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Swiss National Bank
76
Swiss National Bank
Switzerland
$1.87M +$341K +23,800 +26%
CS
77
Credit Suisse
Switzerland
$1.82M +$821K +57,265 +110%
IGIM
78
I.G. Investment Management
Manitoba, Canada
$1.77M – – –
PGCM
79
Prescott Group Capital Management
Oklahoma
$1.72M – – –
Los Angeles Capital Management
80
Los Angeles Capital Management
California
$1.68M +$545K +38,025 +61%
MC
81
Menta Capital
California
$1.62M +$559K +39,025 +67%
GCP
82
GSA Capital Partners
United Kingdom
$1.6M -$881K -61,434 -39%
HCM
83
Highbridge Capital Management
New York
$1.53M -$1.08M -75,081 -45%
RFC
84
Russell Frank Company
Washington
$1.52M -$1.77M -123,535 -58%
Prudential Financial
85
Prudential Financial
New Jersey
$1.47M +$1.26M +87,954 New
Morgan Stanley
86
Morgan Stanley
New York
$1.34M -$1.9M -132,839 -62%
Stifel Financial
87
Stifel Financial
Missouri
$1.31M -$119K -8,275 -10%
GC
88
Guggenheim Capital
Illinois
$1.2M -$193K -13,454 -16%
SIP
89
Stoneridge Investment Partners
Pennsylvania
$1.11M +$950K +66,301 New
State Board of Administration of Florida Retirement System
90
State Board of Administration of Florida Retirement System
Florida
$1.1M -$128K -8,905 -12%
BG
91
BlackRock Group
United Kingdom
$1.08M -$515K -35,929 -36%
Susquehanna International Group
92
Susquehanna International Group
Pennsylvania
$1.06M -$107K -7,469 -11%
PP
93
Paloma Partners
Connecticut
$1.02M +$873K +60,902 New
Mackenzie Financial
94
Mackenzie Financial
Ontario, Canada
$1M +$88.8K +6,194 +11%
MLICM
95
Metropolitan Life Insurance Company (MetLife)
New York
$973K – – –
UMA
96
USA Mutuals Advisors
Texas
$968K – – –
AQR Capital Management
97
AQR Capital Management
Connecticut
$906K -$363K -25,317 -32%
NFA
98
Nationwide Fund Advisors
Ohio
$879K -$1.21M -84,328 -62%
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$869K +$8.52K +594 +1%
TI
100
Trexquant Investment
Connecticut
$837K +$719K +50,135 New
2 3
4
5 6

PENN Hedge Fund Activity: Q1 2016 in Review

195 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2016, worth a combined $1.35B — up 1.6% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PENN positions and 27 closed out — a net gain of 3 holders — while 80 added to existing stakes and 52 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $13.8M. The largest seller was Fiduciary Management Associates, exiting entirely with an estimated $23M sold.

  • 195 institutional investors held PENN Entertainment (PENN) as of Q1 2016, up from 193 in Q4 2015.
  • Funds reported $1.35B of PENN Entertainment stock for Q1 2016, up 1.6% quarter-over-quarter.
  • 30 funds opened new PENN Entertainment positions in Q1 2016 and 27 closed out, a net change of +3 holders.
  • The largest PENN Entertainment buyer in Q1 2016 was Balyasny Asset Management, an estimated $13.8M added.
  • The largest PENN Entertainment seller in Q1 2016 was Fiduciary Management Associates, an estimated $23M sold.

Based on aggregated 13F filings for Q1 2016.