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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
GS
126
GTS Securities
New York
$1.24M +$429K +25,245 +65%
PGCM
127
Prescott Group Capital Management
Oklahoma
$1.16M
Ohio Public Employees Retirement System (OPERS)
128
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.11M +$3.01K +177 +0.3%
SA
129
Sanctuary Advisors
Indiana
$1.08M +$1.08M +63,819 New
Deutsche Bank
130
Deutsche Bank
Germany
$1.08M +$11K +649 +1%
TRSOTSOK
131
Teachers Retirement System of the State of Kentucky
Kentucky
$1.03M
Group One Trading
132
Group One Trading
Illinois
$1.03M +$670K +39,473 +289%
CCM
133
Cinctive Capital Management
New York
$1.01M +$882K +51,949 New
Bank of Montreal
134
Bank of Montreal
Ontario, Canada
$977K +$425K +25,027 +99%
Commonwealth Equity Services
135
Commonwealth Equity Services
Massachusetts
$965K +$21.9K +1,289 +3%
EGM
136
Engineers Gate Manager
New York
$956K -$1.3M -76,743 -61%
AAS
137
Avantax Advisory Services
Texas
$907K +$595K +35,034 +297%
QCM
138
Quantinno Capital Management
New York
$893K +$308K +18,130 +65%
AllianceBernstein
139
AllianceBernstein
Tennessee
$891K -$3.17M -186,923 -80%
VVP
140
Venture Visionary Partners
Ohio
$889K
GCP
141
GSA Capital Partners
United Kingdom
$869K -$1.09M -64,178 -59%
Russell Investments Group
142
Russell Investments Group
United Kingdom
$848K +$105K +6,207 +16%
Focus Partners Wealth
143
Focus Partners Wealth
Massachusetts
$827K +$541K +31,875 +294%
IMC Chicago
144
IMC Chicago
Illinois
$822K -$108K -6,357 -13%
BBVA
145
Banco Bilbao Vizcaya Argentaria
Spain
$817K -$36.7K -2,162 -5%
SEC
146
Seven Eight Capital
New York
$806K -$543K -31,989 -43%
William Blair & Company
147
William Blair & Company
Illinois
$767K -$170K -10,032 -20%
Osaic Holdings
148
Osaic Holdings
Arizona
$757K -$181K -10,631 -21%
MML Investors Services
149
MML Investors Services
Massachusetts
$752K +$147K +8,661 +29%
ASRS
150
Arizona State Retirement System
Arizona
$743K +$16K +944 +3%

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.