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PENN Entertainment

170 hedge funds and large institutions have $814M invested in PENN Entertainment in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 43 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 43

1% less capital invested

Capital invested by funds: $822M → $814M (-$8.14M)

9% less funds holding

Funds holding: 186170 (-16)

13% less call options, than puts

Call options by funds: $802K | Put options by funds: $918K

39% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
170
Holders Change
-16
Holders Change %
-8.6%
% of All Funds
4.89%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
23
Increased
74
Reduced
43
Closed
38
Calls
$802K
Puts
$918K
Net Calls
-$116K
Net Calls Change
-$5.77M
Name Holding Trade Value Shares
Change
Change in
Stake
HF
151
Hoxton Financial
West Virginia
$42K
Ameriprise
152
Ameriprise
Minnesota
$36K -$8.07K -683 -19%
Teacher Retirement System of Texas
153
Teacher Retirement System of Texas
Texas
$30K
MPWT
154
MassMutual Private Wealth & Trust
Connecticut
$29.1K
US Bancorp
155
US Bancorp
Minnesota
$27K +$24.5K +2,072 +1,219%
AAM
156
Advisors Asset Management
Colorado
$18K -$969 -82 -5%
OFS
157
Orrstown Financial Services
Pennsylvania
$18K
M&T Bank
158
M&T Bank
New York
$12K
Group One Trading
159
Group One Trading
Illinois
$12K +$11.2K +950 New
Canada Pension Plan Investment Board
160
Canada Pension Plan Investment Board
Ontario, Canada
$11K -$39K -3,300 -79%
HI
161
Hudock Inc
Pennsylvania
$11K
Creative Planning
162
Creative Planning
Kansas
$7K
WT
163
Whittier Trust
California
$3K -$260 -22 -8%
ACS
164
Archford Capital Strategies
Illinois
$2.45K
LTFS
165
Ladenburg Thalmann Financial Services
Florida
$2K
LFR
166
Lehman Financial Resources
Pennsylvania
$2K
NES
167
New England Securities
New York
$1K
PMFA
168
Plante Moran Financial Advisors
Michigan
$1K
VIA
169
Vantage Investment Advisors
Pennsylvania
$1K
GC
170
Greenlight Capital
New York
-$24.6M -2,000,000 Closed
First Trust Advisors
171
First Trust Advisors
Illinois
-$9.61M -779,902 Closed
AC
172
Amici Capital
New York
-$8.77M -712,040 Closed
AIM
173
Assured Investment Management
New York
-$6.98M -566,211 Closed
BPGAM
174
BTG Pactual Global Asset Management
Bermuda
-$4.68M -380,000 Closed
DCM
175
Discovery Capital Management
Connecticut
-$4.55M -369,102 Closed

PENN Hedge Fund Activity: Q2 2014 in Review

170 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2014, worth a combined $814M — down 0.99% from $822M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PENN and 23 opened new positions — a net loss of 15 holders — while 43 trimmed existing stakes and 74 added.

The largest buyer was BlackRock Fund Advisors, adding an estimated $15M. The largest seller was Greenlight Capital, exiting entirely with an estimated $24.6M sold.

  • 170 institutional investors held PENN Entertainment (PENN) as of Q2 2014, down from 186 in Q1 2014.
  • Funds reported $814M of PENN Entertainment stock for Q2 2014, down 0.99% quarter-over-quarter.
  • 23 funds opened new PENN Entertainment positions in Q2 2014 and 38 closed out, a net change of -15 holders.
  • The largest PENN Entertainment buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $15M added.
  • The largest PENN Entertainment seller in Q2 2014 was Greenlight Capital, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2014.