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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
CIBC Asset Management
201
CIBC Asset Management
Ontario, Canada
$282K +$248K +14,579 New
BHPW
202
Beverly Hills Private Wealth
California
$274K -$32.1K -1,889 -12%
HA
203
Harbor Advisors
Florida
$271K
AG
204
Algert Global
California
$267K +$235K +13,820 New
AWM
205
Aspire Wealth Management
Massachusetts
$265K
IC
206
IEQ Capital
California
$260K -$1.12K -66 -0.5%
BCM
207
Bayesian Capital Management
New York
$258K -$445K -26,200 -66%
Rockefeller Capital Management
208
Rockefeller Capital Management
New York
$255K +$224K +13,168 New
AC
209
ASB Consultores
Florida
$254K -$96.8K -5,700 -30%
AWA
210
Aaron Wealth Advisors
Illinois
$247K +$12.2K +720 +6%
CA
211
Clearstead Advisors
Ohio
$238K +$206K +12,141 +8,094%
ECG
212
Edge Capital Group
Georgia
$238K
PAG
213
Private Advisor Group
New Jersey
$234K -$19.6K -1,152 -9%
USAA
214
United Services Automobile Association
Texas
$232K +$12.1K +712 +6%
M&T Bank
215
M&T Bank
New York
$231K +$203K +11,963 New
WG
216
Winton Group
United Kingdom
$227K +$200K +11,753 New
SP
217
Systematic Portfolios
New York
$223K +$196K +11,516 New
PFS
218
Prospera Financial Services
Texas
$222K +$195K +11,464 New
WHCM
219
Wolf Hill Capital Management
Connecticut
$221K +$194K +11,435 New
TI
220
Tidal Investments
Wisconsin
$213K +$187K +11,009 New
Carson Wealth (CWM LLC)
221
Carson Wealth (CWM LLC)
Nebraska
$212K -$45.6K -2,684 -20%
AI
222
Atria Investments
North Carolina
$208K +$183K +10,755 New
ACM
223
Aquatic Capital Management
Illinois
$207K -$5.16M -303,900 -97%
CAM
224
Claret Asset Management
Quebec, Canada
$199K +$174K +10,264 New
Mariner
225
Mariner
Kansas
$197K +$173K +10,205 New

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.