Free · no sign-up · Q2 2026

Which funds own PENN

Penn Entertainment Inc in the Q2 2026 filings. At least 2 of the 91 current managers on file reported a position, worth $147m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 4 managers trimmed or sold out against 1 buying.

Managers holding: 2; at least, of 91 current
Combined value: $147m; as reported
Opened: 1; new this quarter
Added to: 0; already held
Trimmed or sold out: 4; 3 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Greenlight Capital Activist · $3.9bn book	$125m	3.2%	5,860,270	+$34m-184,170	Trimmed
Freestone Grove Partners LP Multi-strategy · $15.6bn book	$22m	0.1%	1,008,060	opened1,008,060	New

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Balyasny Asset Management LLC · Multi-strategy$37m held before
Oaktree Capital Management LP · Activist$9.6m held before
Maverick Capital Ltd · Long/short equity$1.0m held before

Ownership through time

At least 5 of the 95 managers whose filings are on file listed PENN in Q2 2026, against 7 in Q2 2013. 1 manager fewer than in Q1 2026: 2 started positions; 2 listed it again; 1 sold out, by its own filing; 4 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Freestone Grove Partners LP$22m
Caxton Associates LLP$2.2m

Largest increases, by shares

Freestone Grove Partners LPnew: 1,008,060 shares+$22m
Caxton Associates LLPnew: 101,613 shares+$2.2m

Largest decreases, by shares

Greenlight Capital6,044,440 to 5,860,270 shares-$3.9m

Left it

Maverick Capital Ltdwas $959k

Manager	First listed	Largest	Q2 2026
AQR Capital Management LLC	Q4 2013	$147m	$147m
Greenlight Capital	Q1 2024	$134m	$125m
Woodline Partners LP	Q2 2025	$23m	$23m
Freestone Grove Partners LP	Q2 2026	$22m	$22m
Caxton Associates LLP	Q4 2016	$3.4m	$2.2m
Fidelity (FMR LLC)	Q2 2020	$2.2bn	last listed Q2 2023
Invesco Ltd	Q3 2017	$830m	last listed Q3 2022
Wellington Management Group LLP	Q3 2020	$688m	last listed Q4 2021
Whale Rock Capital Management LLC	Q3 2020	$474m	last listed Q3 2021
Harris Associates LP	Q2 2013	$272m	last listed Q2 2015
MFS Investment Management	Q3 2020	$195m	last listed Q3 2023
Balyasny Asset Management LLC	Q2 2013	$166m	last listed Q1 2026
Millennium Management LLC	Q2 2013	$126m	last listed Q2 2021
AllianceBernstein LP	Q3 2020	$116m	last listed Q1 2021
Tybourne Capital Management HK Ltd	Q3 2020	$106m	last listed Q4 2020

What PENN is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around PENN →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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