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PENN Entertainment

380 hedge funds and large institutions have $3.02B invested in PENN Entertainment in 2026 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 123 increasing their positions, 109 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $87.5M | Put options by funds: $40M

44% more capital invested

Capital invested by funds: $2.09B → $3.02B (+$929M)

30% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 56

13% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 109

2% more funds holding

Funds holding: 371380 (+9)

1.35% more ownership

Funds ownership: 104.33%105.68% (+1.3%)

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
380
Holders Change
+9
Holders Change %
+2.43%
% of All Funds
0%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0%
New
73
Increased
123
Reduced
109
Closed
56
Calls
$87.5M
Puts
$40M
Net Calls
+$47.4M
Net Calls Change
+$14M

PENN Hedge Fund Activity: Q2 2026 in Review

380 institutional investors reported a position in PENN Entertainment (PENN) for Q2 2026, worth a combined $3.02B — up 44% from $2.09B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new PENN positions and 56 closed out — a net gain of 17 holders — while 123 added to existing stakes and 109 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $70.5M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $36.6M sold.

  • 380 institutional investors held PENN Entertainment (PENN) as of Q2 2026, up from 371 in Q1 2026.
  • Funds reported $3.02B of PENN Entertainment stock for Q2 2026, up 44% quarter-over-quarter.
  • 73 funds opened new PENN Entertainment positions in Q2 2026 and 56 closed out, a net change of +17 holders.
  • The largest PENN Entertainment buyer in Q2 2026 was AQR Capital Management, an estimated $70.5M added.
  • The largest PENN Entertainment seller in Q2 2026 was Balyasny Asset Management, an estimated $36.6M sold.

Based on aggregated 13F filings for Q2 2026.