PENN Entertainment
PENN
371 hedge funds and large institutions have $2.09B invested in PENN Entertainment in 2026 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 100 increasing their positions, 121 reducing their positions, and 54 closing their positions.
97% more call options, than puts
Call options by funds: $67.9M | Put options by funds: $34.5M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
35% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 54
9% more capital invested
Capital invested by funds: $1.92B → $2.09B (+$170M)
6.51% more ownership
Funds ownership: 97.83% → 104.33% (+6.5%)
3% more funds holding
Funds holding: 359 → 371 (+12)
17% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.9M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$30.2M |
| 3 |
BAMCO Inc
New York
|
+$29.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$22.2M |
| 5 |
Goldman Sachs
New York
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$21.1M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$19M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$14.9M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$11.1M |
| 5 |
Amundi
Paris,
France
|
-$10.2M |
PENN Hedge Fund Activity: Q1 2026 in Review
371 institutional investors reported a position in PENN Entertainment (PENN) for Q1 2026, worth a combined $2.09B — up 8.8% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new PENN positions and 54 closed out — a net gain of 19 holders — while 100 added to existing stakes and 121 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $33.9M. The largest seller was Armistice Capital, cutting an estimated $21.1M.
- 371 institutional investors held PENN Entertainment (PENN) as of Q1 2026, up from 359 in Q4 2025.
- Funds reported $2.09B of PENN Entertainment stock for Q1 2026, up 8.8% quarter-over-quarter.
- 73 funds opened new PENN Entertainment positions in Q1 2026 and 54 closed out, a net change of +19 holders.
- The largest PENN Entertainment buyer in Q1 2026 was Balyasny Asset Management, an estimated $33.9M added.
- The largest PENN Entertainment seller in Q1 2026 was Armistice Capital, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2026.