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PENN Entertainment

187 hedge funds and large institutions have $1B invested in PENN Entertainment in 2013 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 12 increasing their positions, 113 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

201% more call options, than puts

Call options by funds: $6.64M | Put options by funds: $2.21M

5% less funds holding

Funds holding: 197187 (-10)

13% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 71

75% less capital invested

Capital invested by funds: $3.94B → $1B (-$2.94B)

89% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 113

91% less funds holding in top 10

Funds holding in top 10: 111 (-10)

Holders
187
Holders Change
-10
Holders Change %
-5.08%
% of All Funds
5.43%
Holding in Top 10
1
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-90.91%
% of All Funds
0.03%
New
62
Increased
12
Reduced
113
Closed
71
Calls
$6.64M
Puts
$2.21M
Net Calls
+$4.43M
Net Calls Change
+$34.5M
Name Holding Trade Value Shares
Change
Change in
Stake
STIA
151
Stone Toro Investment Advisers
New Jersey
$203K +$195K +14,200 New
URS
152
Utah Retirement Systems
Utah
$173K -$568K -41,370 -77%
BA
153
BlackRock Advisors
Delaware
$163K -$429K -31,253 -73%
Credit Agricole
154
Credit Agricole
France
$162K -$319K -23,249 -67%
YCM
155
Yakira Capital Management
Connecticut
$150K +$144K +10,458 New
MC
156
Menta Capital
California
$145K +$139K +10,100 New
GT
157
Glenmede Trust
Pennsylvania
$131K -$433K -31,492 -77%
Citigroup
158
Citigroup
New York
$126K -$40.4K -2,937 -25%
U
159
UBS
Switzerland
$101K -$1.43M -103,733 -94%
NFA
160
Nationwide Fund Advisors
Ohio
$85K -$1.56M -113,765 -95%
RFC
161
Russell Frank Company
Washington
$82K -$3.17M -230,955 -97%
HF
162
Hoxton Financial
West Virginia
$56K +$53.6K +3,905 New
Canada Life
163
Canada Life
Manitoba, Canada
$49K +$47.2K +3,434 New
AIG
164
American International Group
New York
$37.4K -$138K -10,080 -79%
Teacher Retirement System of Texas
165
Teacher Retirement System of Texas
Texas
$36K -$488K -35,517 -93%
MPWT
166
MassMutual Private Wealth & Trust
Connecticut
$34.4K +$33K +2,400 New
MLICM
167
Metropolitan Life Insurance Company (MetLife)
New York
$28K -$92.2K -6,713 -77%
WAM
168
Wolverine Asset Management
Illinois
$27K -$381K -27,708 -94%
OMCS
169
Old Mutual Customised Solutions
South Africa
$26K -$84.6K -6,161 -77%
Robeco Institutional Asset Management
170
Robeco Institutional Asset Management
Netherlands
$25K +$24K +1,749 New
AAM
171
Advisors Asset Management
Colorado
$24K -$77.6K -5,650 -77%
OFS
172
Orrstown Financial Services
Pennsylvania
$21K -$70.5K -5,135 -77%
TRCT
173
Tower Research Capital (TRC)
New York
$18K +$14K +1,020 +490%
M&T Bank
174
M&T Bank
New York
$14K -$47K -3,423 -77%
HI
175
Hudock Inc
Pennsylvania
$14K -$45.8K -3,337 -77%

PENN Hedge Fund Activity: Q4 2013 in Review

187 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2013, worth a combined $1B — down 75% from $3.94B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of PENN and 62 opened new positions — a net loss of 9 holders — while 113 trimmed existing stakes and 12 added.

The largest buyer was HBK Investments, opening a new position worth an estimated $19.2M. The largest seller was BAMCO Inc, cutting an estimated $371M.

  • 187 institutional investors held PENN Entertainment (PENN) as of Q4 2013, down from 197 in Q3 2013.
  • Funds reported $1B of PENN Entertainment stock for Q4 2013, down 75% quarter-over-quarter.
  • 62 funds opened new PENN Entertainment positions in Q4 2013 and 71 closed out, a net change of -9 holders.
  • The largest PENN Entertainment buyer in Q4 2013 was HBK Investments, an estimated $19.2M added.
  • The largest PENN Entertainment seller in Q4 2013 was BAMCO Inc, an estimated $371M sold.

Based on aggregated 13F filings for Q4 2013.