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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
AIM
151
Alambic Investment Management
California
$297K +$236K +16,100 New
TI
152
Turner Investments
Pennsylvania
$295K +$235K +16,000 New
TRCT
153
Tower Research Capital (TRC)
New York
$280K +$206K +14,032 +1,235%
Wolverine Trading
154
Wolverine Trading
Illinois
$278K +$221K +15,070 New
SG Americas Securities
155
SG Americas Securities
New York
$273K -$1.11M -75,456 -84%
Jane Street
156
Jane Street
New York
$262K +$209K +14,232 New
LPL Financial
157
LPL Financial
California
$252K +$12.3K +840 +7%
Janney Montgomery Scott
158
Janney Montgomery Scott
Pennsylvania
$240K +$191K +13,032 New
TRSOTSOK
159
Teachers Retirement System of the State of Kentucky
Kentucky
$234K +$186K +12,700 New
PAM
160
Princeton Alpha Management
New Jersey
$216K -$165K -11,232 -49%
AB
161
Amalgamated Bank
New York
$195K +$155K +10,557 New
ProShare Advisors
162
ProShare Advisors
Maryland
$194K -$21.5K -1,469 -12%
VanEck Associates
163
VanEck Associates
New York
$194K +$16.3K +1,114 +12%
SOADOR
164
State of Alaska Department of Revenue
Alaska
$168K +$134K +9,150 New
GT
165
Glenmede Trust
Pennsylvania
$154K
PI
166
PHH Investments
Texas
$138K +$110K +7,508 New
OAM
167
Oppenheimer Asset Management
New York
$134K +$107K +7,280 New
AIP
168
Ameritas Investment Partners
Nebraska
$128K +$102K +6,959 New
FMTCOCP
169
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$97.7K
IA
170
IFP Advisors
Florida
$77K
AIM
171
Acrospire Investment Management
Illinois
$72K -$249K -16,980 -81%
Envestnet Asset Management
172
Envestnet Asset Management
Illinois
$67K -$1.33K -91 -2%
Royal Bank of Canada
173
Royal Bank of Canada
Ontario, Canada
$58K -$37.6K -2,566 -45%
LTFS
174
Ladenburg Thalmann Financial Services
Florida
$53K
PAM
175
Panagora Asset Management
Massachusetts
$50K

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.