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PENN Entertainment

204 hedge funds and large institutions have $1.59B invested in PENN Entertainment in 2017 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 68 increasing their positions, 53 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

416% more call options, than puts

Call options by funds: $26M | Put options by funds: $5.04M

43% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 35

35% more capital invested

Capital invested by funds: $1.17B → $1.59B (+$416M)

28% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 53

5% more funds holding

Funds holding: 195204 (+9)

7.01% less ownership

Funds ownership: 101.82%94.81% (-7%)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
204
Holders Change
+9
Holders Change %
+4.62%
% of All Funds
5.08%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
50
Increased
68
Reduced
53
Closed
35
Calls
$26M
Puts
$5.04M
Net Calls
+$20.9M
Net Calls Change
+$5.47M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
101
Credit Suisse
Switzerland
$1.53M -$1.89M -128,661 -61%
Comerica Bank
102
Comerica Bank
Texas
$1.46M +$1.14M +77,814 New
State of Tennessee, Department of Treasury
103
State of Tennessee, Department of Treasury
Tennessee
$1.43M +$1.14M +77,480 New
ADEF
104
Adams Diversified Equity Fund
Maryland
$1.43M +$32.3K +2,200 +3%
First Trust Advisors
105
First Trust Advisors
Illinois
$1.42M +$1.13M +76,988 New
NFA
106
Nationwide Fund Advisors
Ohio
$1.41M -$327K -22,275 -23%
ERSOT
107
Employees Retirement System of Texas
Texas
$1.27M
State Board of Administration of Florida Retirement System
108
State Board of Administration of Florida Retirement System
Florida
$1.19M
Manulife (Manufacturers Life Insurance)
109
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.08M +$103K +7,017 +14%
UMA
110
USA Mutuals Advisors
Texas
$1.07M
Public Sector Pension Investment Board (PSP Investments)
111
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.05M +$836K +57,000 New
AP
112
AHL Partners
United Kingdom
$1.02M +$812K +55,350 New
RJA
113
Raymond James & Associates
Florida
$979K +$156K +10,606 +25%
MLICM
114
Metropolitan Life Insurance Company (MetLife)
New York
$964K +$46.6K +3,176 +6%
SAM
115
Symphony Asset Management
California
$941K -$118K -8,043 -14%
JMPWA
116
JP Morgan Private Wealth Advisors
California
$910K +$13.2K +900 +2%
QOP
117
Quinn Opportunity Partners
Virginia
$866K
Thrivent Financial for Lutherans
118
Thrivent Financial for Lutherans
Minnesota
$849K +$675K +46,040 New
AIG
119
American International Group
New York
$846K +$44.4K +3,027 +7%
BCM
120
BlueMar Capital Management
Florida
$808K +$643K +43,821 New
ASRS
121
Arizona State Retirement System
Arizona
$792K +$631K +43,000 New
DTL
122
Dynamic Technology Lab
Singapore
$730K +$580K +39,576 New
BFM
123
Boothbay Fund Management
New York
$648K +$297K +20,226 +136%
GF
124
Gabelli Funds
New York
$627K
VOYA Investment Management
125
VOYA Investment Management
Georgia
$621K

PENN Hedge Fund Activity: Q1 2017 in Review

204 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2017, worth a combined $1.59B — up 35% from $1.17B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new PENN positions and 35 closed out — a net gain of 15 holders — while 68 added to existing stakes and 53 trimmed.

The largest buyer was BlackRock, adding an estimated $130M. The largest seller was Putnam Investments, cutting an estimated $24.2M.

  • 204 institutional investors held PENN Entertainment (PENN) as of Q1 2017, up from 195 in Q4 2016.
  • Funds reported $1.59B of PENN Entertainment stock for Q1 2017, up 35% quarter-over-quarter.
  • 50 funds opened new PENN Entertainment positions in Q1 2017 and 35 closed out, a net change of +15 holders.
  • The largest PENN Entertainment buyer in Q1 2017 was BlackRock, an estimated $130M added.
  • The largest PENN Entertainment seller in Q1 2017 was Putnam Investments, an estimated $24.2M sold.

Based on aggregated 13F filings for Q1 2017.