We are live on ! Find out more
PENN icon

PENN Entertainment
PENN

493 hedge funds and large institutions have $12.2B invested in PENN Entertainment in 2020 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 168 increasing their positions, 148 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 67

39% more call options, than puts

Call options by funds: $755M | Put options by funds: $542M

23% more capital invested

Capital invested by funds: $9.95B → $12.2B (+$2.25B)

14% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 148

12% more funds holding

Funds holding: 439 → 493 (+54)

1.54% more ownership

Funds ownership: 89.65% → 91.19% (+1.5%)

39% less funds holding in top 10

Funds holding in top 10: 18 → 11 (-7)

Holders
493
Holders Change
+54
Holders Change %
+12.3%
% of All Funds
8.72%
Holding in Top 10
11
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-38.89%
% of All Funds
0.19%
New
124
Increased
168
Reduced
148
Closed
67
Calls
$755M
Puts
$542M
Net Calls
+$213M
Net Calls Change
+$85.1M

Top Buyers

1
BlackRock
BlackRock
New York
+$185M
2
Invesco
Invesco
Georgia
+$92.4M
3
Wellington Management Group
Wellington Management Group
Massachusetts
+$65.5M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$52.9M
5
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$46.4M

Top Sellers

1
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$58.1M
2
Voloridge Investment Management
Voloridge Investment Management
Florida
-$49.9M
3
CCM
CAAS Capital Management
New York
-$42M
4
JCAM
Jericho Capital Asset Management
New York
-$41M
5
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$35.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
Susquehanna International Group
76
Susquehanna International Group
Pennsylvania
$13.2M +$1.93M +26,995 +21%
TIM
77
Thornburg Investment Management
New Mexico
$13M +$10.8M +150,861 New
RJA
78
Raymond James & Associates
Florida
$13M +$1.11M +15,601 +12%
MIM
79
MetLife Investment Management
New Jersey
$12.3M -$649K -9,098 -6%
PAM
80
Panagora Asset Management
Massachusetts
$12.2M +$1.28M +17,982 +15%
New York State Common Retirement Fund
81
New York State Common Retirement Fund
New York
$12.2M +$1.13M +15,800 +13%
Thrivent Financial for Lutherans
82
Thrivent Financial for Lutherans
Minnesota
$12.1M -$7.78M -109,060 -44%
MOACM
83
Mutual of America Capital Management
New York
$11.8M +$210K +2,943 +2%
Victory Capital Management
84
Victory Capital Management
Texas
$11.7M -$2.89M -40,565 -23%
Fuller & Thaler Asset Management
85
Fuller & Thaler Asset Management
California
$11.6M -$5.68M -79,651 -37%
CCI
86
Columbus Circle Investors
$11.5M +$3.17M +44,369 +50%
Millennium Management
87
Millennium Management
New York
$11.5M -$11.4M -159,683 -55%
SEI Investments
88
SEI Investments
Pennsylvania
$11.5M +$6.58M +92,206 +227%
WCP
89
Waterfront Capital Partners
New York
$11.2M -$7.16M -100,345 -44%
Allianz Asset Management
90
Allianz Asset Management
Germany
$11.1M -$4.74M -66,357 -34%
IM
91
Islet Management
New York
$10.8M -$23.2M -325,000 -72%
ETC
92
Exchange Traded Concepts
Oklahoma
$10.8M +$1.25M +17,568 +16%
TPSF
93
Texas Permanent School Fund
Texas
$10.6M -$1.22M -17,150 -12%
DCM
94
Driehaus Capital Management
Illinois
$10.4M +$1.26M +17,600 +17%
Neuberger Berman Group
95
Neuberger Berman Group
New York
$10.2M +$1.51M +21,181 +22%
DLCIG
96
D.L. Carlson Investment Group
New Hampshire
$9.95M +$361K +5,059 +5%
HF
97
HRT Financial
New York
$9.82M +$7.81M +109,387 +2,537%
VOYA Investment Management
98
VOYA Investment Management
Georgia
$9.8M +$959K +13,438 +13%
BCP
99
Berylson Capital Partners
Massachusetts
$9.6M +$7.94M +111,200 New
LPL Financial
100
LPL Financial
California
$9.6M +$4.58M +64,201 +137%
2 3
4
5 6

PENN Hedge Fund Activity: Q4 2020 in Review

493 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2020, worth a combined $12.2B — up 23% from $9.95B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new PENN positions and 67 closed out — a net gain of 57 holders — while 168 added to existing stakes and 148 trimmed.

The largest buyer was BlackRock, adding an estimated $185M. The largest seller was Lord, Abbett & Co, cutting an estimated $58.1M.

  • 493 institutional investors held PENN Entertainment (PENN) as of Q4 2020, up from 439 in Q3 2020.
  • Funds reported $12.2B of PENN Entertainment stock for Q4 2020, up 23% quarter-over-quarter.
  • 124 funds opened new PENN Entertainment positions in Q4 2020 and 67 closed out, a net change of +57 holders.
  • The largest PENN Entertainment buyer in Q4 2020 was BlackRock, an estimated $185M added.
  • The largest PENN Entertainment seller in Q4 2020 was Lord, Abbett & Co, an estimated $58.1M sold.

Based on aggregated 13F filings for Q4 2020.