We are live on ! Find out more
PENN icon

PENN Entertainment

187 hedge funds and large institutions have $1B invested in PENN Entertainment in 2013 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 12 increasing their positions, 113 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

201% more call options, than puts

Call options by funds: $6.64M | Put options by funds: $2.21M

5% less funds holding

Funds holding: 197187 (-10)

13% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 71

75% less capital invested

Capital invested by funds: $3.94B → $1B (-$2.94B)

89% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 113

91% less funds holding in top 10

Funds holding in top 10: 111 (-10)

Holders
187
Holders Change
-10
Holders Change %
-5.08%
% of All Funds
5.43%
Holding in Top 10
1
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-90.91%
% of All Funds
0.03%
New
62
Increased
12
Reduced
113
Closed
71
Calls
$6.64M
Puts
$2.21M
Net Calls
+$4.43M
Net Calls Change
+$34.5M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
101
Contrarian Capital Management
Connecticut
$490K +$470K +34,216 New
MAA
102
Managed Account Advisors
New Jersey
$485K -$2.99M -217,733 -87%
PGCM
103
Prescott Group Capital Management
Oklahoma
$469K -$1.54M -112,103 -77%
PPA
104
Parametric Portfolio Associates
Washington
$469K -$1.37M -99,369 -75%
AL
105
Airain Ltd
Guernsey
$449K -$15.2K -1,106 -3%
SCM
106
Sterling Capital Management
North Carolina
$447K +$429K +31,224 New
TC
107
TFS Capital
Pennsylvania
$444K +$426K +31,012 New
BIM
108
BlackRock Investment Management
Delaware
$438K -$1.43M -103,898 -77%
CIS
109
Connors Investor Services
Pennsylvania
$436K -$1.44M -105,138 -78%
VOYA Investment Management
110
VOYA Investment Management
Georgia
$434K -$128M -9,294,936 -100%
Nomura Asset Management
111
Nomura Asset Management
Japan
$430K +$412K +30,000 New
Deutsche Bank
112
Deutsche Bank
Germany
$409K -$1.67M -121,342 -81%
WCM
113
Westend Capital Management
California
$408K +$391K +28,495 New
B
114
Barings
North Carolina
$397K +$381K +27,700 New
IRF
115
IBM Retirement Fund
New York
$385K -$1.3M -94,525 -78%
HT
116
HAP Trading
New York
$385K +$369K +26,858 New
CCA
117
Catalyst Capital Advisors
New York
$373K +$358K +26,060 New
ZL
118
Zeke LP
Pennsylvania
$358K -$1.18M -85,575 -77%
VanEck Associates
119
VanEck Associates
New York
$350K -$1.13M -82,408 -77%
T. Rowe Price Associates
120
T. Rowe Price Associates
Maryland
$327K -$1.07M -78,044 -77%
GIA
121
Gargoyle Investment Advisor
New Jersey
$311K +$298K +21,714 New
NTCOC
122
Northern Trust Company of Connecticut
Connecticut
$306K -$1.05M -76,316 -78%
OAC
123
OMERS Administration Corp
Ontario, Canada
$301K +$289K +21,000 New
GC
124
Guggenheim Capital
Illinois
$299K -$133K -9,705 -32%
BNP Paribas Financial Markets
125
BNP Paribas Financial Markets
France
$297K +$284K +20,694 New

PENN Hedge Fund Activity: Q4 2013 in Review

187 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2013, worth a combined $1B — down 75% from $3.94B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of PENN and 62 opened new positions — a net loss of 9 holders — while 113 trimmed existing stakes and 12 added.

The largest buyer was HBK Investments, opening a new position worth an estimated $19.2M. The largest seller was BAMCO Inc, cutting an estimated $371M.

  • 187 institutional investors held PENN Entertainment (PENN) as of Q4 2013, down from 197 in Q3 2013.
  • Funds reported $1B of PENN Entertainment stock for Q4 2013, down 75% quarter-over-quarter.
  • 62 funds opened new PENN Entertainment positions in Q4 2013 and 71 closed out, a net change of -9 holders.
  • The largest PENN Entertainment buyer in Q4 2013 was HBK Investments, an estimated $19.2M added.
  • The largest PENN Entertainment seller in Q4 2013 was BAMCO Inc, an estimated $371M sold.

Based on aggregated 13F filings for Q4 2013.