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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
RJFSA
151
Raymond James Financial Services Advisors
Florida
$713K -$52K -3,059 -8%
OPERF
152
Oregon Public Employees Retirement Fund
Oregon
$703K -$8.75K -515 -1%
CIBC World Market
153
CIBC World Market
Ontario, Canada
$700K -$2.6K -153 -0.4%
American Century Companies
154
American Century Companies
Missouri
$689K -$723K -42,586 -54%
CAM
155
Cresset Asset Management
Illinois
$677K +$25.5K +1,499 +4%
TCM
156
Teza Capital Management
Illinois
$656K +$245K +14,409 +74%
SG Americas Securities
157
SG Americas Securities
New York
$654K -$2.7M -159,016 -82%
YCM
158
Yousif Capital Management
Michigan
$644K -$212K -12,509 -27%
COPPSERS
159
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$623K -$12.8K -755 -2%
Manulife (Manufacturers Life Insurance)
160
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$614K -$1.66M -97,802 -75%
Victory Capital Management
161
Victory Capital Management
Texas
$609K +$5.15K +303 +1%
Comerica Bank
162
Comerica Bank
Texas
$600K -$175K -10,279 -25%
SCM
163
Semanteon Capital Management
Massachusetts
$579K -$268K -15,793 -35%
SCA
164
Sassicaia Capital Advisers
New York
$561K +$493K +29,000 New
FP
165
Foundry Partners
Minnesota
$548K +$481K +28,325 New
DAM
166
DLD Asset Management
New York
$541K +$475K +27,949 New
OPWM
167
Oxinas Partners Wealth Management
Indiana
$531K -$64.4K -3,793 -12%
WAM
168
Wolverine Asset Management
Illinois
$525K
TCWM
169
Total Clarity Wealth Management
Illinois
$521K -$506K -29,771 -53%
Cambridge Investment Research Advisors
170
Cambridge Investment Research Advisors
Iowa
$498K -$98.6K -5,806 -18%
AWM
171
Axxcess Wealth Management
California
$495K -$194K -11,400 -31%
GC
172
Guggenheim Capital
Illinois
$489K -$58.5K -3,447 -12%
Allianz Asset Management
173
Allianz Asset Management
Germany
$476K +$127K +7,500 +44%
MOACM
174
Mutual of America Capital Management
New York
$475K -$1.09M -64,213 -72%
GF
175
Gabelli Funds
New York
$465K

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.