PENN Entertainment
PENN
464 hedge funds and large institutions have $3.99B invested in PENN Entertainment in 2022 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 116 increasing their positions, 164 reducing their positions, and 58 closing their positions.
48% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 58
17% more call options, than puts
Call options by funds: $121M | Put options by funds: $103M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more capital invested
Capital invested by funds: $3.65B → $3.99B (+$337M)
5% more funds holding
Funds holding: 444 → 464 (+20)
3.61% more ownership
Funds ownership: 83.79% → 87.4% (+3.6%)
29% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$89.2M |
| 2 |
Millennium Management
New York
|
+$45.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.8M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$13.6M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$38.9M |
| 2 |
Goldman Sachs
New York
|
-$25.3M |
| 3 |
BlackRock
New York
|
-$17.3M |
| 4 |
BAMCO Inc
New York
|
-$15.6M |
| 5 |
HF
HRT Financial
New York
|
-$14.5M |
PENN Hedge Fund Activity: Q4 2022 in Review
464 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q4 2022, worth a combined $3.99B — up 9.2% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PENN positions and 58 closed out — a net gain of 28 holders — while 116 added to existing stakes and 164 trimmed.
The largest buyer was HG Vora Capital Management, adding an estimated $89.2M. The largest seller was Invesco, cutting an estimated $38.9M.
- 464 institutional investors held PENN Entertainment (PENN) as of Q4 2022, up from 444 in Q3 2022.
- Funds reported $3.99B of PENN Entertainment stock for Q4 2022, up 9.2% quarter-over-quarter.
- 86 funds opened new PENN Entertainment positions in Q4 2022 and 58 closed out, a net change of +28 holders.
- The largest PENN Entertainment buyer in Q4 2022 was HG Vora Capital Management, an estimated $89.2M added.
- The largest PENN Entertainment seller in Q4 2022 was Invesco, an estimated $38.9M sold.
Based on aggregated 13F filings for Q4 2022.