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PENN Entertainment

381 hedge funds and large institutions have $3.02B invested in PENN Entertainment in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $331M | Put options by funds: $121M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

12% more capital invested

Capital invested by funds: $2.69B → $3.02B (+$321M)

5.01% more ownership

Funds ownership: 97.19%102.2% (+5%)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

6% less funds holding

Funds holding: 405381 (-24)

25% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 77

Holders
381
Holders Change
-24
Holders Change %
-5.93%
% of All Funds
5.5%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
58
Increased
107
Reduced
117
Closed
77
Calls
$331M
Puts
$121M
Net Calls
+$210M
Net Calls Change
+$91.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
76
Two Sigma Investments
New York
$3.73M +$317K +18,685 +11%
New York State Teachers Retirement System (NYSTRS)
77
New York State Teachers Retirement System (NYSTRS)
New York
$3.58M +$160K +9,400 +5%
CM
78
CastleKnight Management
New York
$3.43M +$3.01M +177,000 New
State Board of Administration of Florida Retirement System
79
State Board of Administration of Florida Retirement System
Florida
$3.42M -$137K -8,062 -4%
Citigroup
80
Citigroup
New York
$3.39M +$1.94M +114,061 +186%
RAM
81
Readystate Asset Management
Illinois
$3.38M -$379K -22,300 -11%
Stifel Financial
82
Stifel Financial
Missouri
$3.27M +$42.1K +2,477 +1%
Holocene Advisors
83
Holocene Advisors
New York
$3.17M -$1.76M -103,571 -39%
JGC
84
J. Goldman & Co
New York
$3.15M -$2.43M -143,244 -47%
Wolverine Trading
85
Wolverine Trading
Illinois
$3.06M +$1.21M +71,399 +82%
State of Wisconsin Investment Board
86
State of Wisconsin Investment Board
Wisconsin
$3.04M -$1.28M -75,293 -32%
Prudential Financial
87
Prudential Financial
New Jersey
$3.04M +$2.45M +144,294 +1,134%
RJA
88
Raymond James & Associates
Florida
$3.02M +$1.19M +70,067 +82%
Canada Life
89
Canada Life
Manitoba, Canada
$2.93M +$1.12M +66,064 +77%
FA
90
Fountainhead AM
New Jersey
$2.8M
California State Teachers Retirement System (CalSTRS)
91
California State Teachers Retirement System (CalSTRS)
California
$2.65M -$57.1K -3,363 -2%
Cetera Investment Advisers
92
Cetera Investment Advisers
Illinois
$2.65M +$168K +9,887 +8%
BNP Paribas Financial Markets
93
BNP Paribas Financial Markets
France
$2.57M +$670K +39,437 +42%
EP
94
Edgestream Partners
New Jersey
$2.41M +$1.17M +69,083 +125%
Thrivent Financial for Lutherans
95
Thrivent Financial for Lutherans
Minnesota
$2.4M +$1.47M +86,721 +232%
Assenagon Asset Management
96
Assenagon Asset Management
Luxembourg
$2.39M -$3.72M -219,044 -64%
Walleye Capital
97
Walleye Capital
New York
$2.37M -$1.3M -76,472 -38%
QT
98
Quantbot Technologies
New York
$2.18M +$1.21M +70,969 +170%
QOP
99
Quinn Opportunity Partners
Virginia
$2.15M +$348K +20,500 +23%
Squarepoint
100
Squarepoint
New York
$2.09M -$985K -58,021 -35%

PENN Hedge Fund Activity: Q2 2024 in Review

381 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2024, worth a combined $3.02B — up 12% from $2.69B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of PENN and 58 opened new positions — a net loss of 19 holders — while 117 trimmed existing stakes and 107 added.

The largest buyer was BlackRock, adding an estimated $89.4M. The largest seller was Shapiro Capital Management, cutting an estimated $57.7M.

  • 381 institutional investors held PENN Entertainment (PENN) as of Q2 2024, down from 405 in Q1 2024.
  • Funds reported $3.02B of PENN Entertainment stock for Q2 2024, up 12% quarter-over-quarter.
  • 58 funds opened new PENN Entertainment positions in Q2 2024 and 77 closed out, a net change of -19 holders.
  • The largest PENN Entertainment buyer in Q2 2024 was BlackRock, an estimated $89.4M added.
  • The largest PENN Entertainment seller in Q2 2024 was Shapiro Capital Management, an estimated $57.7M sold.

Based on aggregated 13F filings for Q2 2024.