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PENN Entertainment

173 hedge funds and large institutions have $793M invested in PENN Entertainment in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

644% more call options, than puts

Call options by funds: $15.7M | Put options by funds: $2.11M

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

2% more funds holding

Funds holding: 170173 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $814M → $793M (-$20.4M)

5% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 60

Holders
173
Holders Change
+3
Holders Change %
+1.76%
% of All Funds
5.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
57
Reduced
60
Closed
18
Calls
$15.7M
Puts
$2.11M
Net Calls
+$13.6M
Net Calls Change
+$13.7M
Name Holding Trade Value Shares
Change
Change in
Stake
KAH
176
Kathryn A. Hall
-$580K -47,805 Closed
Wellington Management Group
177
Wellington Management Group
Massachusetts
-$479K -39,527 Closed
EAM
178
EULAV Asset Management
Florida
-$453K -37,300 Closed
BF
179
BOK Financial
Oklahoma
-$398K -32,804 Closed
Capital Fund Management (CFM)
180
Capital Fund Management (CFM)
France
-$333K -27,421 Closed
BUB
181
BBVA USA Bancshares
Texas
-$244K -20,093 Closed
LCM
182
Landscape Capital Management
New Jersey
-$238K -19,600 Closed
Prudential Financial
183
Prudential Financial
New Jersey
-$225K -18,569 Closed
PI
184
Placemark Investments
Illinois
-$220K -18,193 Closed
CMBA
185
C.M. Bidwell & Associates
Hawaii
-$160K -13,165 Closed
Credit Agricole
186
Credit Agricole
France
-$138K -11,371 Closed
VFA
187
Virtus Fund Advisers
Connecticut
-$81K -6,706 Closed
M&T Bank
188
M&T Bank
New York
-$12K -1,000 Closed
PMFA
189
Plante Moran Financial Advisors
Michigan
-$1K -83 Closed
NFG
190
Next Financial Group
Texas
+$192 +17 New

PENN Hedge Fund Activity: Q3 2014 in Review

173 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q3 2014, worth a combined $793M — down 2.5% from $814M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PENN positions and 18 closed out — a net gain of 3 holders — while 57 added to existing stakes and 60 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $30.2M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $14.7M sold.

  • 173 institutional investors held PENN Entertainment (PENN) as of Q3 2014, up from 170 in Q2 2014.
  • Funds reported $793M of PENN Entertainment stock for Q3 2014, down 2.5% quarter-over-quarter.
  • 21 funds opened new PENN Entertainment positions in Q3 2014 and 18 closed out, a net change of +3 holders.
  • The largest PENN Entertainment buyer in Q3 2014 was Balyasny Asset Management, an estimated $30.2M added.
  • The largest PENN Entertainment seller in Q3 2014 was Westfield Capital Management, an estimated $14.7M sold.

Based on aggregated 13F filings for Q3 2014.