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PENN Entertainment

405 hedge funds and large institutions have $2.69B invested in PENN Entertainment in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 110 increasing their positions, 137 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more call options, than puts

Call options by funds: $248M | Put options by funds: $130M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4.95% more ownership

Funds ownership: 92.24%97.19% (+4.9%)

5% less funds holding

Funds holding: 426405 (-21)

20% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 137

21% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 78

26% less capital invested

Capital invested by funds: $3.64B → $2.69B (-$948M)

Holders
405
Holders Change
-21
Holders Change %
-4.93%
% of All Funds
5.83%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
62
Increased
110
Reduced
137
Closed
78
Calls
$248M
Puts
$130M
Net Calls
+$118M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
Corient Private Wealth
201
Corient Private Wealth
Florida
$358K -$99.6K -4,824 -20%
TCM
202
Teza Capital Management
Illinois
$354K +$402K +19,462 New
AC
203
ASB Consultores
Florida
$342K +$388K +18,800 New
Pictet Asset Management
204
Pictet Asset Management
Switzerland
$328K
X
205
Xponance
Pennsylvania
$323K -$6.55K -317 -2%
WSTAM
206
Wilbanks Smith & Thomas Asset Management
Virginia
$315K +$357K +17,300 New
WIM
207
Westside Investment Management
California
$315K +$76.9K +3,722 +27%
Allianz Asset Management
208
Allianz Asset Management
Germany
$311K
Public Employees Retirement Association of Colorado
209
Public Employees Retirement Association of Colorado
Colorado
$303K -$46.6K -2,258 -12%
CAN
210
Cetera Advisor Networks
California
$300K -$15.4K -748 -4%
SOADOR
211
State of Alaska Department of Revenue
Alaska
$298K
BHPW
212
Beverly Hills Private Wealth
California
$292K +$66.4K +3,215 +25%
HT
213
Headlands Technologies
Illinois
$289K +$328K +15,882 New
DTL
214
Dynamic Technology Lab
Singapore
$283K +$321K +15,535 New
Nisa Investment Advisors
215
Nisa Investment Advisors
Missouri
$283K -$21.9K -1,060 -6%
QC
216
Quent Capital
New York
$278K
Cerity Partners
217
Cerity Partners
New York
$270K +$306K +14,838 New
HA
218
Harbor Advisors
Florida
$255K
AWM
219
Aspire Wealth Management
Massachusetts
$249K
Group One Trading
220
Group One Trading
Illinois
$249K -$5.53M -267,883 -95%
Carson Wealth (CWM LLC)
221
Carson Wealth (CWM LLC)
Nebraska
$248K +$125K +6,063 +80%
I
222
InceptionR
California
$247K +$280K +13,582 New
IC
223
IEQ Capital
California
$246K +$805 +39 +0.3%
GGHC
224
Gilder Gagnon Howe & Co
New York
$242K -$4.31M -208,581 -94%
PAG
225
Private Advisor Group
New Jersey
$241K -$27.6K -1,338 -9%

PENN Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2024, worth a combined $2.69B — down 26% from $3.64B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of PENN and 62 opened new positions — a net loss of 16 holders — while 137 trimmed existing stakes and 110 added.

The largest buyer was Shapiro Capital Management, adding an estimated $186M. The largest seller was BAMCO Inc, cutting an estimated $98.9M.

  • 405 institutional investors held PENN Entertainment (PENN) as of Q1 2024, down from 426 in Q4 2023.
  • Funds reported $2.69B of PENN Entertainment stock for Q1 2024, down 26% quarter-over-quarter.
  • 62 funds opened new PENN Entertainment positions in Q1 2024 and 78 closed out, a net change of -16 holders.
  • The largest PENN Entertainment buyer in Q1 2024 was Shapiro Capital Management, an estimated $186M added.
  • The largest PENN Entertainment seller in Q1 2024 was BAMCO Inc, an estimated $98.9M sold.

Based on aggregated 13F filings for Q1 2024.