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PENN Entertainment

552 hedge funds and large institutions have $5.57B invested in PENN Entertainment in 2022 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 190 increasing their positions, 176 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more call options, than puts

Call options by funds: $326M | Put options by funds: $296M

8% more repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 176

2.63% less ownership

Funds ownership: 80.63%78% (-2.6%)

3% less funds holding

Funds holding: 571552 (-19)

13% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 90

21% less capital invested

Capital invested by funds: $7.08B → $5.57B (-$1.51B)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
552
Holders Change
-19
Holders Change %
-3.33%
% of All Funds
8.71%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
78
Increased
190
Reduced
176
Closed
90
Calls
$326M
Puts
$296M
Net Calls
+$29.1M
Net Calls Change
-$61.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$824M -$32.3M -707,116 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$758M +$196K +4,284 +0%
BlackRock
3
BlackRock
New York
$675M +$40.6M +889,485 +6%
BAMCO Inc
4
BAMCO Inc
New York
$450M -$2.25M -49,203 -0.5%
Invesco
5
Invesco
Georgia
$375M -$136M -2,976,896 -25%
State Street
6
State Street
Massachusetts
$231M -$2.45M -53,694 -1%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$138M +$7.08M +154,994 +5%
Bank of America
8
Bank of America
North Carolina
$107M +$25.8M +563,721 +29%
Goldman Sachs
9
Goldman Sachs
New York
$85.6M +$49.5M +1,083,065 +116%
Charles Schwab
10
Charles Schwab
California
$79.9M +$4.48M +97,988 +5%
Renaissance Technologies
11
Renaissance Technologies
New York
$75.9M +$36.2M +791,500 +79%
Norges Bank
12
Norges Bank
Norway
$75M +$15M +328,253 +23%
EARNEST Partners
13
EARNEST Partners
Georgia
$70.5M +$22.8M +498,084 +43%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$61.8M -$117M -2,556,162 -64%
Morgan Stanley
15
Morgan Stanley
New York
$55.9M -$26M -568,658 -30%
Northern Trust
16
Northern Trust
Illinois
$55.1M +$515K +11,269 +0.9%
PCM
17
Parsifal Capital Management
Connecticut
$51.9M +$27.8M +607,959 +99%
Millennium Management
18
Millennium Management
New York
$51.5M -$9.9M -216,578 -15%
Voloridge Investment Management
19
Voloridge Investment Management
Florida
$44M -$5.63M -123,211 -11%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$42.1M -$18.4K -403 -0%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$39.7M -$20.9M -457,017 -33%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$38.3M +$6.87M +150,284 +20%
SEI Investments
23
SEI Investments
Pennsylvania
$32.1M +$13.7M +300,401 +66%
CI
24
Cambiar Investors
Colorado
$31.9M +$4.3M +94,035 +14%
FTCM
25
Fir Tree Capital Management
New York
$31.6M +$34.1M +745,300 New

PENN Hedge Fund Activity: Q1 2022 in Review

552 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2022, worth a combined $5.57B — down 21% from $7.08B a quarter earlier.

Sellers outnumbered buyers: 90 funds closed out of PENN and 78 opened new positions — a net loss of 12 holders — while 176 trimmed existing stakes and 190 added.

The largest buyer was Goldman Sachs, adding an estimated $49.5M. The largest seller was Invesco, cutting an estimated $136M.

  • 552 institutional investors held PENN Entertainment (PENN) as of Q1 2022, down from 571 in Q4 2021.
  • Funds reported $5.57B of PENN Entertainment stock for Q1 2022, down 21% quarter-over-quarter.
  • 78 funds opened new PENN Entertainment positions in Q1 2022 and 90 closed out, a net change of -12 holders.
  • The largest PENN Entertainment buyer in Q1 2022 was Goldman Sachs, an estimated $49.5M added.
  • The largest PENN Entertainment seller in Q1 2022 was Invesco, an estimated $136M sold.

Based on aggregated 13F filings for Q1 2022.