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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
SDIC
101
South Dakota Investment Council
South Dakota
$2.08M +$722K +42,508 +66%
ETC
102
Exchange Traded Concepts
Oklahoma
$2M -$133K -7,809 -7%
LP
103
LMR Partners
United Kingdom
$1.99M +$1.75M +102,774 New
LSA
104
L & S Advisors
California
$1.94M +$1.7M +100,103 New
Verition Fund Management
105
Verition Fund Management
Connecticut
$1.88M +$1.65M +96,959 New
HIM
106
Hanlon Investment Management
New Jersey
$1.88M +$119K +7,000 +8%
CIG
107
Consolidated Investment Group
Colorado
$1.75M +$459K +27,000 +43%
T. Rowe Price Associates
108
T. Rowe Price Associates
Maryland
$1.74M +$19.4K +1,143 +1%
AFAS
109
Acorn Financial Advisory Services
Virginia
$1.74M +$122K +7,178 +9%
Wellington Management Group
110
Wellington Management Group
Massachusetts
$1.74M -$2.12M -124,883 -58%
Parallax Volatility Advisers
111
Parallax Volatility Advisers
California
$1.72M +$1.51M +88,883 New
CSS
112
Cubist Systematic Strategies
Connecticut
$1.7M -$1.54M -90,473 -51%
SOADOR
113
State of Alaska Department of Revenue
Alaska
$1.7M +$1.21M +71,341 +435%
Royal Bank of Canada
114
Royal Bank of Canada
Ontario, Canada
$1.69M +$263K +15,507 +22%
SSA
115
Schonfeld Strategic Advisors
New York
$1.67M -$605K -35,621 -29%
LPL Financial
116
LPL Financial
California
$1.62M +$196K +11,541 +16%
State of Tennessee, Department of Treasury
117
State of Tennessee, Department of Treasury
Tennessee
$1.56M +$180K +10,626 +15%
LSERS
118
Louisiana State Employees Retirement System
Louisiana
$1.46M +$549K +32,300 +75%
PCM
119
Prentice Capital Management
Connecticut
$1.45M +$1.27M +75,000 New
Fifth Third Bancorp
120
Fifth Third Bancorp
Ohio
$1.43M -$4.26K -251 -0.3%
First Trust Advisors
121
First Trust Advisors
Illinois
$1.41M -$6.48M -381,271 -84%
Janus Henderson Group
122
Janus Henderson Group
United Kingdom
$1.4M -$13.2K -779 -1%
AB
123
Amalgamated Bank
New York
$1.3M -$599K -35,251 -34%
Treasurer of the State of North Carolina
124
Treasurer of the State of North Carolina
North Carolina
$1.27M -$21.4K -1,260 -2%
MSRPS
125
Maryland State Retirement & Pension System
Maryland
$1.25M +$885K +52,104 +426%

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.