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PENN Entertainment

439 hedge funds and large institutions have $9.95B invested in PENN Entertainment in 2020 Q3 according to their latest regulatory filings, with 146 funds opening new positions, 132 increasing their positions, 120 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more first-time investments, than exits

New positions opened: 146 | Existing positions closed: 42

166% more capital invested

Capital invested by funds: $3.74B → $9.95B (+$6.22B)

157% more funds holding in top 10

Funds holding in top 10: 718 (+11)

29% more funds holding

Funds holding: 339439 (+100)

21% more call options, than puts

Call options by funds: $736M | Put options by funds: $608M

10% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 120

2.09% less ownership

Funds ownership: 91.75%89.65% (-2.1%)

Holders
439
Holders Change
+100
Holders Change %
+29.5%
% of All Funds
8.86%
Holding in Top 10
18
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+157.14%
% of All Funds
0.36%
New
146
Increased
132
Reduced
120
Closed
42
Calls
$736M
Puts
$608M
Net Calls
+$128M
Net Calls Change
+$106M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
76
Parametric Portfolio Associates
Washington
$13.6M +$2.09M +42,535 +29%
AAMU
77
Amundi Asset Management US
Massachusetts
$13.2M -$243K -4,959 -3%
Citigroup
78
Citigroup
New York
$12.9M +$5.82M +118,713 +203%
Victory Capital Management
79
Victory Capital Management
Texas
$12.8M -$8.84M -180,199 -51%
New York State Teachers Retirement System (NYSTRS)
80
New York State Teachers Retirement System (NYSTRS)
New York
$12.3M -$373K -7,600 -4%
ECM
81
Engle Capital Management
Connecticut
$12.1M +$8.19M +167,000 New
MIM
82
MetLife Investment Management
New Jersey
$11M +$784K +15,987 +12%
Jane Street
83
Jane Street
New York
$10.6M +$6.73M +137,225 +1,502%
TPSF
84
Texas Permanent School Fund
Texas
$10.2M +$1.84M +37,593 +37%
RJA
85
Raymond James & Associates
Florida
$9.8M -$831K -16,942 -11%
MOACM
86
Mutual of America Capital Management
New York
$9.71M +$685K +13,958 +12%
CS
87
Credit Suisse
Switzerland
$9.57M -$1.21M -24,715 -16%
UBS Group
88
UBS Group
Switzerland
$9.39M +$3.9M +79,460 +160%
JMPWA
89
JP Morgan Private Wealth Advisors
California
$9.27M +$4.4M +89,748 +237%
Susquehanna International Group
90
Susquehanna International Group
Pennsylvania
$9.17M +$5.47M +111,566 +769%
New York State Common Retirement Fund
91
New York State Common Retirement Fund
New York
$9.1M -$1.65M -33,576 -21%
PAM
92
Panagora Asset Management
Massachusetts
$8.98M +$3.31M +67,408 +120%
Parallax Volatility Advisers
93
Parallax Volatility Advisers
California
$8.79M +$4.65M +94,687 +360%
SSA
94
Schonfeld Strategic Advisors
New York
$8.79M +$5.93M +120,960 New
CM
95
Castleark Management
Illinois
$8.71M +$5.88M +119,828 New
Walleye Trading
96
Walleye Trading
New York
$8.24M +$2.37M +48,325 +74%
DLCIG
97
D.L. Carlson Investment Group
New Hampshire
$8.01M +$5.4M +110,128 New
CSS
98
Cubist Systematic Strategies
Connecticut
$7.86M +$4.44M +90,504 +513%
PCM
99
Pinz Capital Management
New York
$7.78M +$5.25M +107,000 New
ETC
100
Exchange Traded Concepts
Oklahoma
$7.77M -$785K -16,009 -13%

PENN Hedge Fund Activity: Q3 2020 in Review

439 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2020, worth a combined $9.95B — up 166% from $3.74B a quarter earlier.

Buyers outnumbered sellers: 146 funds opened new PENN positions and 42 closed out — a net gain of 104 holders — while 132 added to existing stakes and 120 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $285M. The largest seller was Arrowstreet Capital, cutting an estimated $98.8M.

  • 439 institutional investors held PENN Entertainment (PENN) as of Q3 2020, up from 339 in Q2 2020.
  • Funds reported $9.95B of PENN Entertainment stock for Q3 2020, up 166% quarter-over-quarter.
  • 146 funds opened new PENN Entertainment positions in Q3 2020 and 42 closed out, a net change of +104 holders.
  • The largest PENN Entertainment buyer in Q3 2020 was Whale Rock Capital Management, an estimated $285M added.
  • The largest PENN Entertainment seller in Q3 2020 was Arrowstreet Capital, an estimated $98.8M sold.

Based on aggregated 13F filings for Q3 2020.