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PENN Entertainment

230 hedge funds and large institutions have $2.76B invested in PENN Entertainment in 2017 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 65 increasing their positions, 79 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

858% more call options, than puts

Call options by funds: $25.2M | Put options by funds: $2.63M

55% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 33

30% more capital invested

Capital invested by funds: $2.12B → $2.76B (+$634M)

8% more funds holding

Funds holding: 212230 (+18)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.27% less ownership

Funds ownership: 99.36%99.09% (-0.27%)

18% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 79

Holders
230
Holders Change
+18
Holders Change %
+8.49%
% of All Funds
5.22%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
51
Increased
65
Reduced
79
Closed
33
Calls
$25.2M
Puts
$2.63M
Net Calls
+$22.6M
Net Calls Change
+$109K
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
201
Sutton Wealth Advisors
Florida
$35.2K
SEI Investments
202
SEI Investments
Pennsylvania
$31K -$2.04M -75,690 -99%
KPCM
203
Kings Point Capital Management
New York
$31K
GWS
204
Glassman Wealth Services
Virginia
$30K -$6.75K -250 -21%
CHP
205
Cable Hill Partners
Oregon
$28K
RAM
206
Riggs Asset Management
Pennsylvania
$25K
LF
207
Lee Financial
Texas
$19K
PGWM
208
Parisi Gray Wealth Management
New Jersey
$12K +$10.8K +400 New
Carson Wealth (CWM LLC)
209
Carson Wealth (CWM LLC)
Nebraska
$11K
LFA
210
Legacy Financial Advisors
Kentucky
$11K +$9.53K +353 New
TFS
211
TrustCore Financial Services
Tennessee
$10K +$8.91K +330 New
QCG
212
Quadrant Capital Group
Ohio
$9K
PFBT
213
Parkside Financial Bank & Trust
Missouri
$8K -$1.78K -66 -20%
WT
214
Whittier Trust
California
$8K
SPIA
215
Steward Partners Investment Advisory
New York
$7K +$6.67K +247 New
WAM
216
Wolverine Asset Management
Illinois
$6K -$29.4K -1,090 -84%
OFS
217
Orrstown Financial Services
Pennsylvania
$6K
ASN
218
Advisory Services Network
Georgia
$6K +$5.37K +199 New
IA
219
IFP Advisors
Florida
$4K -$82K -3,040 -96%
WAM
220
Wealthspire Advisors (Maryland)
Maryland
$4K +$1.94K +72 +138%
AssetMark Inc
221
AssetMark Inc
California
$4K +$3.64K +135 New
CP
222
Corbenic Partners
Pennsylvania
$3K
First Manhattan
223
First Manhattan
New York
$3K
AAM
224
Advisors Asset Management
Colorado
$2K
VIA
225
Vantage Investment Advisors
Pennsylvania
$2K

PENN Hedge Fund Activity: Q4 2017 in Review

230 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2017, worth a combined $2.76B — up 30% from $2.12B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PENN positions and 33 closed out — a net gain of 18 holders — while 65 added to existing stakes and 79 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $40.3M. The largest seller was HG Vora Capital Management, cutting an estimated $114M.

  • 230 institutional investors held PENN Entertainment (PENN) as of Q4 2017, up from 212 in Q3 2017.
  • Funds reported $2.76B of PENN Entertainment stock for Q4 2017, up 30% quarter-over-quarter.
  • 51 funds opened new PENN Entertainment positions in Q4 2017 and 33 closed out, a net change of +18 holders.
  • The largest PENN Entertainment buyer in Q4 2017 was Goldman Sachs, an estimated $40.3M added.
  • The largest PENN Entertainment seller in Q4 2017 was HG Vora Capital Management, an estimated $114M sold.

Based on aggregated 13F filings for Q4 2017.