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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
Walleye Trading
201
Walleye Trading
New York
$582 +$463K +31,589 New
Marshall Wace
202
Marshall Wace
United Kingdom
-$21.1M -1,528,085 Closed
Fuller & Thaler Asset Management
203
Fuller & Thaler Asset Management
California
-$7.72M -559,550 Closed
LOAMS
204
Lombard Odier Asset Management (Switzerland)
Switzerland
-$5.86M -425,000 Closed
SFM
205
Systematic Financial Management
New Jersey
-$4.78M -346,925 Closed
FHAM
206
Folger Hill Asset Management
New York
-$3.65M -265,000 Closed
SIP
207
Stoneridge Investment Partners
Pennsylvania
-$3.1M -225,193 Closed
WMSA
208
Weiss Multi-Strategy Advisers
New York
-$2.14M -154,900 Closed
Susquehanna International Group
209
Susquehanna International Group
Pennsylvania
-$1.98M -135,328 Closed
HI
210
HBK Investments
Texas
-$1.86M -126,890 Closed
Allianz Asset Management
211
Allianz Asset Management
Germany
-$754K -54,675 Closed
DCM
212
Dynamic Capital Management
Jersey
-$725K -52,551 Closed
CC
213
Clearline Capital
New York
-$657K -47,637 Closed
Parallax Volatility Advisers
214
Parallax Volatility Advisers
California
-$392K -26,734 Closed
OAC
215
OMERS Administration Corp
Ontario, Canada
-$368K -26,700 Closed
NIT
216
NumerixS Investment Technologies
British Columbia, Canada
-$349K -25,300 Closed
CANY
217
Caxton Associates (New York)
New York
-$345K -25,000 Closed
Verition Fund Management
218
Verition Fund Management
Connecticut
-$331K -23,991 Closed
Squarepoint
219
Squarepoint
New York
-$330K -23,943 Closed
HSBC Holdings
220
HSBC Holdings
United Kingdom
-$302K -21,931 Closed
Connor, Clark & Lunn Investment Management (CC&L)
221
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$288K -20,900 Closed
HCM
222
Highbridge Capital Management
New York
-$285K -19,460 Closed
COI
223
Connable Office Inc
Michigan
-$256K -18,600 Closed
PG
224
PEAK6 Group
Illinois
-$242K -16,505 Closed
CCIA
225
Campbell & Co Investment Adviser
Maryland
-$215K -15,579 Closed

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.