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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
New York State Teachers Retirement System (NYSTRS)
126
New York State Teachers Retirement System (NYSTRS)
New York
$619K +$493K +33,604 New
SCM
127
Sterling Capital Management
North Carolina
$597K +$324K +22,074 +213%
Schroder Investment Management Group
128
Schroder Investment Management Group
United Kingdom
$559K +$444K +30,269 New
Group One Trading
129
Group One Trading
Illinois
$553K +$330K +22,500 +300%
PM
130
Parametrica Management
Hong Kong
$539K +$429K +29,263 New
Acadian Asset Management
131
Acadian Asset Management
Massachusetts
$506K +$403K +27,469 New
CG
132
Cutler Group
California
$505K +$384K +26,216 +2,138%
HK
133
Horizon Kinetics
New York
$478K -$49K -3,341 -11%
VKH
134
Virtu KCG Holdings
New York
$463K -$309K -21,075 -46%
CSS
135
Cubist Systematic Strategies
Connecticut
$438K +$348K +23,759 New
FAAS
136
First Allied Advisory Services
California
$423K -$329K -22,429 -49%
OAM
137
Oxford Asset Management
United Kingdom
$407K -$1.59M -108,569 -83%
Nisa Investment Advisors
138
Nisa Investment Advisors
Missouri
$391K -$11.7K -800 -4%
UBS AM
139
UBS AM
Illinois
$391K
Public Employees Retirement Association of Colorado
140
Public Employees Retirement Association of Colorado
Colorado
$380K
PP
141
Paloma Partners
Connecticut
$376K -$246K -16,757 -45%
O
142
OppenheimerFunds
New York
$372K +$296K +20,179 New
GI
143
GAMCO Investors
Connecticut
$369K
MSA
144
Mason Street Advisors
Wisconsin
$358K +$285K +19,445 New
GIA
145
Gargoyle Investment Advisor
New Jersey
$353K +$281K +19,135 New
SKK
146
Shepherd Kaplan Krochuk
Massachusetts
$350K -$54.9K -3,741 -16%
BNP Paribas Financial Markets
147
BNP Paribas Financial Markets
France
$336K +$198K +13,536 +289%
NCCM
148
Nine Chapters Capital Management
New Jersey
$326K +$10.3K +700 +4%
PA
149
Profund Advisors
Maryland
$323K +$257K +17,526 New
ZIM
150
Zacks Investment Management
Illinois
$316K

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.