We are live on ! Find out more
PENN icon

PENN Entertainment
PENN

201 hedge funds and large institutions have $1.16B invested in PENN Entertainment in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 63 increasing their positions, 63 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,619% more call options, than puts

Call options by funds: $28.3M | Put options by funds: $760K

33% more funds holding in top 10

Funds holding in top 10: 3 → 4 (+1)

31% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 26

3% more funds holding

Funds holding: 195 → 201 (+6)

0% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 63

14% less capital invested

Capital invested by funds: $1.35B → $1.16B (-$189M)

Holders
201
Holders Change
+6
Holders Change %
+3.08%
% of All Funds
5.36%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
34
Increased
63
Reduced
63
Closed
26
Calls
$28.3M
Puts
$760K
Net Calls
+$27.5M
Net Calls Change
+$11.5M

Top Buyers

1
CIP
Chartwell Investment Partners
Pennsylvania
+$28.4M
2
RIM
RS Investment Management
California
+$25.4M
3
WRF
Waddell & Reed Financial
Kansas
+$18.9M
4
Millennium Management
Millennium Management
New York
+$16.7M
5
HVCM
HG Vora Capital Management
New York
+$15.7M

Top Sellers

1
HCM
Highline Capital Management
New York
-$30.9M
2
FAM
Fred Alger Management
New York
-$22.2M
3
Vanguard Group
Vanguard Group
Pennsylvania
-$21.7M
4
PCM
PAR Capital Management
Massachusetts
-$15.7M
5
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$13.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
HK
126
Horizon Kinetics
New York
$407K -$81.3K -5,194 -15%
CIS
127
Connors Investor Services
Pennsylvania
$395K -$19.5K -1,245 -4%
QC
128
Quadrature Capital
United Kingdom
$388K -$87.4K -5,585 -17%
SCA
129
Snowden Capital Advisors
New York
$385K +$50.1K +3,202 +13%
PC
130
Palo Capital
California
$380K +$426K +27,200 New
Citigroup
131
Citigroup
New York
$338K -$1.4M -89,433 -79%
Janney Montgomery Scott
132
Janney Montgomery Scott
Pennsylvania
$326K +$181K +11,565 +99%
PG
133
PEAK6 Group
Illinois
$320K -$354K -22,601 -50%
Nisa Investment Advisors
134
Nisa Investment Advisors
Missouri
$307K – – –
ADEF
135
Adams Diversified Equity Fund
Maryland
$300K +$337K +21,500 New
CPS
136
Counsel Portfolio Services
Ontario, Canada
$296K – – –
Legal & General Group
137
Legal & General Group
United Kingdom
$288K – – –
Public Employees Retirement Association of Colorado
138
Public Employees Retirement Association of Colorado
Colorado
$288K – – –
GI
139
GAMCO Investors
Connecticut
$279K – – –
State of New Jersey Common Pension Fund D
140
State of New Jersey Common Pension Fund D
New Jersey
$279K – – –
PAM
141
Princeton Alpha Management
New Jersey
$273K +$306K +19,563 New
SCM
142
Sterling Capital Management
North Carolina
$242K +$271K +17,329 New
Connor, Clark & Lunn Investment Management (CC&L)
143
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$222K +$50.1K +3,200 +25%
SCM
144
Stevens Capital Management
Pennsylvania
$221K +$248K +15,821 New
PP
145
Paloma Partners
Connecticut
$219K -$708K -45,222 -74%
Verition Fund Management
146
Verition Fund Management
Connecticut
$213K +$239K +15,265 New
BFM
147
Boothbay Fund Management
New York
$212K -$115K -7,365 -33%
SB
148
Suntrust Banks
Georgia
$177K +$9.27K +592 +5%
QT
149
Quantbot Technologies
New York
$165K +$186K +11,871 New
AG
150
Aperio Group
California
$148K -$7K -447 -4%
4 5
6
7 8

PENN Hedge Fund Activity: Q2 2016 in Review

201 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2016, worth a combined $1.16B — down 14% from $1.35B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PENN positions and 26 closed out — a net gain of 8 holders — while 63 added to existing stakes and 63 trimmed.

The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $28.4M. The largest seller was Highline Capital Management, cutting an estimated $30.9M.

  • 201 institutional investors held PENN Entertainment (PENN) as of Q2 2016, up from 195 in Q1 2016.
  • Funds reported $1.16B of PENN Entertainment stock for Q2 2016, down 14% quarter-over-quarter.
  • 34 funds opened new PENN Entertainment positions in Q2 2016 and 26 closed out, a net change of +8 holders.
  • The largest PENN Entertainment buyer in Q2 2016 was Chartwell Investment Partners, an estimated $28.4M added.
  • The largest PENN Entertainment seller in Q2 2016 was Highline Capital Management, an estimated $30.9M sold.

Based on aggregated 13F filings for Q2 2016.