Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PENN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 15.7M | $235.9M | +1.8% | 11.751% | 0.00% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 8.4M | $125.8M | β | 6.267% | 0.01% |
| 3 | DME Capital Management, LP | 6.0M | $90.8M | 0.0% | 4.526% | 2.85% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 6.0M | $90.6M | β | 4.513% | 0.00% |
| 5 | Hill Path Capital LP | 5.8M | $86.6M | 0.0% | 4.313% | 6.32% |
| 6 | HG Vora Capital Management, LLC | 5.7M | $85.3M | -9.2% | 4.249% | 44.71% |
| 7 | Invesco Ltd. | 5.1M | $77.1M | -11.2% | 3.839% | 0.01% |
| 8 | STATE STREET CORP | 4.4M | $65.6M | -2.7% | 3.269% | 0.00% |
| 9 | BANK OF AMERICA CORP /DE/ | 4.4M | $65.4M | +58.1% | 3.258% | 0.00% |
| 10 | GOLDMAN SACHS GROUP INC | 3.9M | $58.8M | +59.0% | 2.931% | 0.01% |
| 11 | CITADEL ADVISORS LLC | 3.0M | $45.8M | +66.8% | 2.284% | 0.02% |
| 12 | AQR CAPITAL MANAGEMENT LLC | 3.0M | $43.4M | -15.4% | 2.217% | 0.02% |
| 13 | EARNEST PARTNERS LLC | 2.8M | $42.5M | -0.6% | 2.117% | 0.18% |
| 14 | SHAPIRO CAPITAL MANAGEMENT LLC | 2.8M | $42.2M | -27.7% | 2.100% | 2.63% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.6M | $38.9M | +84.0% | 1.936% | 0.00% |
| 16 | ARMISTICE CAPITAL, LLC | 2.5M | $37.2M | -20.0% | 1.855% | 1.10% |
| 17 | BALYASNY ASSET MANAGEMENT LLC | 2.4M | $36.6M | β | 1.825% | 0.13% |
| 18 | GEODE CAPITAL MANAGEMENT, LLC | 2.3M | $35.3M | -2.5% | 1.757% | 0.00% |
| 19 | MORGAN STANLEY | 2.3M | $35.1M | +27.5% | 1.749% | 0.00% |
| 20 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.3M | $34.9M | +9.2% | 1.740% | 0.02% |
| 21 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.2M | $32.6M | β | 1.624% | 0.11% |
| 22 | Long Focus Capital Management, LLC | 2.1M | $32.3M | +14.4% | 1.610% | 0.91% |
| 23 | BAMCO INC /NY/ | 2.1M | $31.4M | β | 1.567% | 0.09% |
| 24 | SEI INVESTMENTS CO | 1.9M | $28.4M | -1.7% | 1.414% | 0.03% |
| 25 | HENNESSY ADVISORS INC | 1.8M | $27.1M | -9.5% | 1.351% | 0.98% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in PENN β a direct measure of their conviction.
Filings activity in PENN during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 364 | +3.7% | 73.25% | +6.19 pp | $2.12B | +9.2% |
| Q4 2025 | 351 | +4.5% | 67.06% | 26.52 pp | $1.94B | 28% |
| Q3 2025 | 336 | 5.9% | 93.58% | 9.53 pp | $2.71B | 9.2% |
| Q2 2025 | 357 | 5.1% | 103.11% | +18.82 pp | $2.99B | +22% |
| Q1 2025 | 376 | +2.7% | 84.29% | 23.21 pp | $2.44B | 22% |
| Q4 2024 | 366 | 4.2% | 107.50% | +4.94 pp | $3.11B | +4.8% |
| Q3 2024 | 382 | +2.4% | 102.56% | 4.52 pp | $2.97B | 4.2% |
| Q2 2024 | 373 | β | 107.08% | β | $3.10B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PENN stock.
Based on Q1 2026 13F filings, institutional ownership of PENN Entertainment, Inc. stands at 73.3%, held across 364 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of PENN, with approximately 15,693,280 shares worth $0.24B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of PENN, including CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for PENN is 66 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
76 institutions opened new positions in PENN during Q1 2026, while 63 fully exited. 175 added to existing positions and 109 trimmed.
PENN institutional ownership rose by 6.19 percentage points quarter-over-quarter, with a net change of +13 holders.
The top 10 institutions account for 46.3% of all reported 13F value in PENN, and the top 25 account for 71.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
PENN Entertainment, Inc. (PENN) Institutional Ownership